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The Nexus
BUSINESSJun 15 · 10:22 UTCTHE RIO TIMESSofia Gabriela Martinez

Argentine Families’ Debt Has Doubled, and the Bills Are Piling Up

Argentine families' debt has doubled, with private-sector credit rising to 13.6% of GDP in January 2024 from 5.2% in late 2023. Total household debt now exceeds AR$39tn ($28.9bn), while bank loan late payments reached 10.6% in January, the highest level since 2010.

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Mentioned
ArgentinaplaceArgentine FamiliestopicPrivate-sector credittopicAR$39tn ($28.9bn)topicBank loan late paymentstopicNon-bank lenderstopic
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