US EditionThey Warn that 56% of Argentine Households Are in Debt to Survive and the Majority Do Not Reach the End of the Month
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Almost six out of every 10 Argentine households take debt for daily expenses, pay the credit card, pay services, buy goods for the home or pay the rent.
A report by Zentrix reveals that 56.4% used the credit to cover basic expenses and that most already have difficulty paying it.
Nearly six out of ten Argentine households take on debt for everyday expenses, such as paying credit cards, settling other debts, paying for services, buying household goods, or paying rent. This is reshaping the landscape of family debt: from a financial tool to a means of survival. Against this backdrop, disapproval of the national government is growing. The March Public Opinion Monitor (MOP) from Zentrix Consultora showed that household debt …
The salary does not reach: 56.4% of households are in debt and more than half do not reach d to 20 of the month.
Buenos Aires, 22 March (NA) – 56.4% of Argentine households resorted to credit in the last six months to pay for food, services, rents and cards, while most do not get their income to cover the needs of the whole month, according to a report by Zentrix. The report Monitor de Opinione Pública (MOP), to which the Agencia Noticias Argentinas agreed, explained that almost 6 out of 10 Argentine households took debt for daily expenses in the last six …
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