The financial health of Argentine households has reached a critical stage, as debt to digital wallets has hit a new record. According to the figures from 2025, over 21% of all digital wallet loans exhibited some form of payment irregularity, triple what they were in the previous year. In recent years, installments were offset by inflation, but now they are no longer offset,” explained EcoGo director Marina Dal Poggetto. Forfeits on personal loans climbed to an unprecedented 11%, while credit card debt reached 8.4%, a sixfold increase from 2024. There was also a marked increase in the amount of credit demanded by both individuals and businesses during 2025.

Source: Bueno Aires Herald January 27, 2026 18:57 UTC