Buenos Aires, November 15, 2025 (NA) -- The Central Bank (BCRA) plans to authorize the interbank automatic debit again for loan collection, a tool that had been prohibited in 2020. According to the latest BCRA report, delinquency on personal loans reached 6.6%, the highest figure since 2010. As reported by the Argentine News Agency, this measure, which would be enabled "in less than a month," was announced by the director of the BCRA, Pedro Inschauspem, at the Argentina Fintech Forum. Communication A6909 was implemented in February 2020 because "informal lenders," such as "fintechs or pseudo-mutuals," were "emptying the accounts of social benefit beneficiaries" to collect overdue payments with usurious rates. The decision to reinstate direct debit is made in the context of a record delinquency. At the same time, amid falling consumption, the use of credit cards for supermarket purchases increased from 39% to 46%. The former president of the BCRA, Miguel Pesce, warned in a dialogue with Página 12 about the serious risk of the measure: "How are you going to allow a financial company to debit someone for a credit when the State deposits money in their account for them to eat?". Pesce warned that with the new rule, "we are going to end up with desperate people from whom they will take money out of the AUH (childhood allowance), because unlike a garnishment, here there is no maximum amount to be debited per month".
