On the Rise of the Default, Loans to Families Have a Rate Three Times Higher than Fixed-Term Interest
6 Articles
6 Articles
The gap between the rates for indebtedness and those received by savers is a record in almost 15 years.In the banks they say that the fit, the taxes and the uncollectibility make that gap grow.The BCRA said it will not take action in this regard.
la Nacion
jujuyaldia.com.arOfficial indifference aggravates the problem of the high banking lateness of families
Argentina's economic situation gives no indication of rapid improvement and society begins to resort to indebtedness to meet its basic needs such as feeding and paying for essential services, as savings tend to disappear and become part of the past. The growth of default with credit cards affects 70% of the population, which, once the bank limit has been reached, then transfers debts to loans provided by virtual wallets but with much higher inte…
Despite the official defense over the laces, its high level restricts and increases credit, affecting the lateness and bringing the spread of rates to a maximum of 14 years.
Due to the income crisis, even the banks are no longer saved from being harmed by Javier Milei’s government. Now, in the sector they admit that the record late payment rate in loans to families is leading them to grant a lower amount of loans to households. The default in loans to families reached a new record of 12.8% in May, a rise of 0.7 points compared to the previous month, according to the latest official data available from the Central Ba…
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