Economist Paula Pía Ariet warned that delinquency has risen for 17 straight months as families borrow for everyday expenses they cannot repay.
Argentine household debt continues to deepen and has generated concern in the financial system. In an interview with Canal E, economist Paula Pía Ariet said the issue is not access to credit but the inability to repay it. "Taking loans is not bad. The problem is when we cannot pay them", she stated.
Ariet explained that the loss of purchasing power forces many households to finance everyday spending with credit cards and virtual wallets. The highest delinquency occurs in the latter, where access is immediate. The age group from 18 to 35 is the most affected.
The specialist recommended prioritizing debt repayment with the year-end bonus over any investment and called for stronger financial education from an early age to prevent over-indebtedness.
