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Argentina: 76% of indebted use credit for food, health, services
PerfilLO·AR·about 13 hours ago
Family loan delinquency in Argentina rose again in July, nearly doubling year-over-year, despite public banks lowering refinancing rates for overdue debts. Over 60 legislative projects in Congress aim to address the issue, but the trend indicates persistent financial stress among households. This signals deteriorating credit quality and potential strain on the banking sector, with implications for economic stability.