Wednesday , November 20 2019
Home / chile / And that savings increased: The bankruptcy in Chile rose to 4.5 million in the third quarter

And that savings increased: The bankruptcy in Chile rose to 4.5 million in the third quarter



Although financial surveys show that in Chile the saving habit grows, the number of naughty debtors cannot reverse their upward trend. In the third quarter of this year, in fact, there were more than 4 and a half million people included in the group.

On Thursday, the Third Quarter Debt Report 2018, published by San Sebastian University, and together with Equifax and Mapcity, was delivered.

The figures, which show the evolution of unpaid debt from private loans in Chile, reveal that both the total amount of default, and the total amount of debt, increased in the country until September this year. Of course, the upward curve slows with respect to trends.

In total, this study calculated that in Chile there were 4,509,598 debtors, representing a figure 3% higher than in September 2017. Regarding the total value of delinquency, the percentage that did not punish Chile more: the average debt was at $ 1,682,218, and grew 9% compared to the same comparison month in 2017.

Regarding gender, women outnumbered men with 2,309,660 compared with 2,199,938 people, respectively. And like the trend over the years, retailers steal the presence of women, while men focus on banking.

Sector in arrears

Both banking and retail remain the sectors that capture debt. That is, because of the total amount of default, 40% fell in that group for retail, and 29% for debt with banks. However, when talking about total debt, most of the money (57%) fell on financial institutions, followed by retail (18%) and real estate debt (8%).

What happens to foreigners in Chile? This sector represents only 2.25% of the total loss to follow up in this region. However, their pockets suffer more from debt, because their average number is $ 2,103,211, while the Chilean is $ 1,679,499.

Region and commune

The value of debt, as stated in the study, also depends on the geographical area, where northern Chile exceeds the national average. This ranking is led by the Antofagasta region ($ 2,293,437), Metropolitana ($ 1,910,992), Tarapacá ($ 1,897,686) and Atacama ($ 1,728,291). In Greater Santiago, meanwhile, the municipalities of Vitacura ($ 5,907,391), Las Condes ($ 4,713,587) and Providencia ($ 4,555,321) account for the largest amount of arrears.


Source link