Rising delinquency raises concerns over Argentine household debt

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.

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Group of young adults reviewing debt documents in a modest home, representing CAE loan defaulters.
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Treasury official details that 70% of CAE defaulters are aged 29 to 37

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Hernán Nobizelli presented CAE collection figures to the Chamber’s Education Commission. Ninety percent of the 558,000 defaulters earn less than 1.5 million pesos a month.

A Banco de la República indicator shows Colombian debtors allocate 41.7 percent of monthly income to bank loan payments. The figure exceeds the average of the past five years.

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A report from consultancy firm Delfos shows that 43% of surveyed Argentines are seeking a second job because their current income does not cover basic expenses. The phenomenon mainly affects those aged 16 to 49 and also retirees. The national survey, conducted from April 10 to 14, 2026, on 3,120 cases, underscores economic vulnerability in the country.

Colombia's Finance Ministry reported that national government gross debt reached 65.1% of GDP in the first quarter of 2026, the highest level for that period since 1999. Net debt rose to 59% of GDP.

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Economist and former Central Bank vice president Pablo García said the difference in the public debt projection is merely a matter of assumptions, not a calculation error. He stressed that the key issue is the ongoing fiscal stress in the Chilean economy.

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