The Mora Rose Again in July and Families Refinance Debts at Record Levels
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5 Articles
The irregularity of households increased from 12.77% to 12.94% and already affects 5.9 million people; the refinanced balance reached $2.6 billion, according to a private report
The Mora Rose Again in July According to Private Data: Families Have Already Refinanced $2.6 Billion
The delay in the payment of loans to households was 13 per cent in banks and more than 33 per cent in non-financial institutions. With debts that are no longer fixed by inflation, a wave of record restructurings was activated to try to contain defaults.
Families have already restructured $2.6 billion, 3.7% of their credit. Likewise, the unpaid balance has remained, but total financing has declined. Never have so many Argentine families gone out to renegotiate their debts with the banks. And yet, the arrears grew again in July. Households accumulate $2.6 billion in restructured loans, the [...]
Commitment of income with debts reaches 28.9% and default renews record; understand the impact on credit
The former Minister of Economics and current candidate for President re-focused on the families' moratoria.
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