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The millions of Argentines with overdue debts and what this indicates about the country's economy: 'We no longer try to refinance because it's unpayable'Photo by Patricia Bozan on Pexels
Business

The millions of Argentines with overdue debts and what this indicates about the country's economy: 'We no longer try to refinance because it's unpayable'

BBC News Brasil30 August 2026 at 18:39

The indebtedness in Argentina has reached alarming levels, with one in three inhabitants of the country facing problems settling debts with banks, digital wallets and loan sharks. The situation affects millions of people and reflects the economic difficulties faced by the Argentine population.

Argentine citizens with overdue debts report that they no longer try to refinance their debts, considering them unpayable under current conditions. This attitude demonstrates the desperation of many families facing the financial situation.

The Argentine economy faces significant challenges that contribute to this scenario of over-indebtedness. The article indicates that the situation of overdue debts serves as a thermometer of the economic difficulties faced by the country.

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