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last mo.

Argentina Household Loan Delinquency Hits Record 7.3% as BCRA Prepares DEBIN Return

Banks anticipate larger provisions following a surge led by personal loans and credit cards.

Las moras con un retraso menor a 90 días, que históricamente rondaban el 2%, treparon al 5%.
Las familias tienen dificultades para sostener el pago de sus créditos
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Overview

  • Household loan delinquency climbed to 7.3% in September, a series high since 2010, while the overall private‑sector irregularity ratio rose to 4.2%.
  • Stress is concentrated in unsecured consumer lines, with personal loans at 9.1% delinquency and credit cards at 7.4%, as mortgage arrears held near 0.9%.
  • Credit card debt stock jumped about 55% in real terms between July 2024 and July 2025, with roughly 11.5 million cardholders increasingly using plastic for everyday purchases.
  • Non‑bank lenders expanded to more than 11 million borrowers but posted far weaker credit quality, with delinquency near 16.2% in July.
  • The central bank plans to revoke Communication A6909 to restore automatic DEBIN collections within weeks, a move expected to aid recoveries but force higher loan‑loss provisions and pressure bank profitability.