Argentina: 40% of Under-24 Borrowers in Default, BCRA Data Shows

A report by Eco Go, using BCRA's Central de Deudores data, reveals that nearly 40% of Argentine borrowers under 24 are in default, the highest rate among age groups. This signals severe financial distress among the youth, likely reflecting broader economic instability and high inflation. The trend may pressure consumer credit markets and indicate systemic credit risk.