Family delinquency climbed to 11%. Photo: Agencia NA / Archive. Non-bank credits are also concerning when looking at the final number. This is because in this segment, according to the consultancy, household delinquency reached 30% in February, more than 2 p.p. compared to January. The situation with digital wallets. The case of these platforms also shows warning signals, given the large differential marked by their irregularity. Mercado Pago, one of the most iconic fintechs, registered a delinquency of 14.7% in the last year, according to the latest available figures from January. Against the previous 5.5% that had been recorded, the jump in the irregularity ratio rose strongly. Various private reports show the percentages of non-bank financial entities, where delinquency climbs up to 36% in the worst cases. 'In most countries in the world, people live with debt.' Buenos Aires, April 11 (NA) – Delinquency among families continues to rise and is at historical highs, deepening the crisis while already exceeding 11% according to the latest official data. Irregularity of credits continues to rise and its numbers are surpassed month by month. According to estimates by consultancy 1816 based on data from the Central Debtors of the Financial System (CENDEU) of the Central Bank (BCRA), household delinquency stood at 11.2% in February, the highest level since 2004. According to what Agencia Noticias Argentinas learned, this meant an increase of 0.6 percentage points compared to January, when that same indicator stood at 10.6%. In the total private sector, delinquency went from 6.4% to 6.7% (+0.3 p.p.). In turn, it marks the sixteenth consecutive rise in the payment delay indicator. In the business environment, the non-payment of companies remains low at around 2.9%. What happens is that they honor', said the Minister of Economy, Luis Caputo, a few days ago. IP Although the official did not delve specifically into the rise in delinquencies, he expressed that indebtedness 'is not a problem' since 'it is not reasonable that you have to pay everything in cash'.
