The specialists consider that despite the lower dynamism in payroll credit growth, it will continue to increase as interest rates and unemployment rate are reduced at low levels.
“The level of unemployment remains minimal and has also supported the increase to the minimum wage.” Said Ariel Méndez, a financial group analyst for more (Bx+).
In 2024, the placement of payroll credits grew at a lower pace than in 2022 and 2023. For Ariel Méndez this responds more to markets of the market than to the deceleration of the economy.
“It is being seen that there are more competitors in the market that seek to place products, so the consumer has greater competition or possibility to choose who wants to stay. Multiple bank could be a bit short, but I don’t think it’s something what worry, “said Ariel Méndez.
What happened to the reform of the delegated collection?
In 2022 an initiative was proposed in which banks and other institutions could ask the patterns of the debris to be deducted the monthly payments directly from the salary.
Discounts could also be done to other benefits such as bonus or profits. The initiative was suspended in March 2023 and this year he returned to the Senate.
Ariel Méndez explained that there are some credits between sectors such as the teaching to those who discount their payroll.
“What happens with the teachers is that they get to pay, as in the summer holidays, three payrolls together, and then the credit is also automatically charged three payments immediately,” he said.
If this happened with traditional banking customers, customers would be severely affected, said the Condusef.
“The over -indebtedness to which a considerable part of public sector employees has been exposed at the federal, state and municipal level has led to a high number of workers to receive amounts well below the subsistence level,” he said.
The institution added that this generates a severe social problem, of survival, as well as a total disinterest in the work that works in the public service
