Customers, struggling to pay their debts

Image: Expreso

The face of this indicator has deteriorated, as revealed in the balance sheets of the Superintendency of Banks, in which it is observed that all types of customers take longer to pay their debts: those who have credit cards, those who borrowed for their small business and even those who owe the mortgage, the most important and paid on time debt.

Sonia Zurita, coordinator of the MBA Business School ESPAE-ESPOL, believes that the credit deterioration has been an effect on what happens to the labor market. There are families whose head of household has lost a job or most of their income, especially the variables, which are earned by those workers who receive commissions from their sales and that complicates that payments are up to date.

Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8886372&idcat=38269&tipo=2