Although financial surveys show that there is a habit of saving in Chile, the number of offenders can not change the upward trend. In the third quarter of the year, in fact, there are already more than 4 and a half million people in this group.
On Thursday, the Third Quarterly Debt Consolidation Report published by the University of San Sebastian in 2018 and in collaboration with Equifax and Mapcity was announced.
Figures reflecting the development of personal loans for unpaid debts in Chile showed that, by September of this year, both the total number of non-participating companies and the total amount of debt had increased in the country. Of course, the upward curve slowed down in light of the trend.
Overall, the study estimates that Chile has 4,509,598 debtors, a figure that is 3% higher than in September 2017. Regarding the total value of the offense, this percentage was penalized by Chile more: the average of debt securities was USD 1,682,218 and increased by 9% compared to the same month in 2017.
For gender, women exceed 2,309,660 in men versus 2,999,383 people, respectively. And like the trend over the years, women are stealing from the retail market, while men are focusing on banking.
Tax Owners Sectors
Still banks and retail are still sectors that are borrowing. Taking into account the total number of insolvent persons, in this group 40% decreased in retail trade, and 29% – in relation to debts in banks. However, in terms of total debt, most of the money (57%) is covered by financial institutions, followed by retail (18%) and real estate debt (8%).
What happens to a foreigner in Chile? This sector represents only 2.25% of the total area of defaults. However, their pockets suffer much more from debts, with an average amount of $ 2,103,211, while Chilean $ 1,679,499.
Regions and communes
As indicated in the study, the value of the debt also depends on the geographical area where the northern part of Chile exceeds the national average. The assessment is led by Antofagasta regions ($ 2,293,437), Metropolitan ($ 1,910,992), Tarapacá ($ 1,897,686), and Atacama ($ 1,728,291). At the same time, most of Santiago's largest debt is due to Vitacura municipality ($ 5,907,391), Las Condes ($ 4,713,587) and Providencia ($ 4,555,321).