The survey was carried out between June 5 and 7, 2023on sample of 1,679 people over 18 years of age residing in the province of Córdoba, through a technical structured survey of data collection by web platform and field work, details the Ombudsman of the province of Córdoba.
For what purpose was the debt taken?
Of this total, the report carried out details that the twenty% of households took on debt to buy food and medicine.
Among the conclusions of the survey, he maintains that the new indebtedness has as its first destination the debt payment with the credit card and as a second purpose the payment of taxes, services, expenses and rentand that “everything indicates that this dynamic occurs in order to avoid, in the short term, consequences such as cut off services, evictions, etc.”.
It also alerts as “worrying” data that the 19.8% of households “got into debt to be able to acquire daily and essential goods and supplies”and that 19.1% did it for home or car repairs.
What types of credits did Cordoba households take?
The report released by the provincial agency also indicates that the 90.2% of the homes people from Cordoba went to some kind of indebtedness in it last yeareither formal meanshe 78.4%as informal (53.8%).
It adds that in all cases “the vast majority of the people of Cordoba resorted to formal and informal media of financing”.
In this regard, he adds that regardless of the destination for which the debt is contracted, in the last year the most used forms of financing are the purchase in installments with credit card (69.6%)the loans from family or friends (42.1%), Bank loans (30.9%), loans from the employer (14.4%) and purchases on credit (12.4%).
Source: Ambito
