2023-07-17 09:48:41
The economic crisis, pushed by inflation, forced families to go into debt in order to cover basic expenses to survive. However, this financing combines both formal (banks) and informal means, including lenders who charge per day that increase the initial amount of the loan and charge those who resort to that means to obtain money per day.
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In the investigation carried out by Periodismo para Todos (eltrece) it was possible to verify that, given the economic pressure that Argentina is going through, people are pushed into debt to be able to eat or access medical treatment.
More and more people have to resort to a loan to be able to cover their basic expenses. (Photo: TN)
The report by Josefina López Mac Kenzie indicates that 54% of households in the country requested one or more types of loans and that 64% borrowed to buy food, medicine or pay for services.
In households headed by women with children, more than 70% go into debt to pay for food and medicine and to pay other loans.
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Natalia, one of the interviewees, asked for $120,000 in finance to buy food and medicine. Verónica asked for $50,000 but she explained that she is already paying more than double what she took out. While Carlos admitted that he pays two credits simultaneously in order to survive.
In this way, people end up becoming multi-indebted subjects: With ANSES, banks, financiers and neighborhood loan sharks.
“Los Colombianos” a group of people who offer money go every day to collect what they lend in the neighborhoods. And, according to what the interviewees explained -in the best of cases- they end up repaying triple the amount they requested in order to get out of a critical situation.
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