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Resolve Your Debt in Colombia: Increase in Settled Debts and Amounts in 2023

According to figures from the credit repair company Ryesterdayand your debtbetween January and June 2023, the company settled a total of 7,804 debts in Colombia, which add up to a total amount of $63,169 million. If these figures are compared with the same period of 2022, there is evidence of a 20% increase in the number of settled debts and a 27% increase in the amounts settled.

As the company explains, the increases reflected during 2023 can be explained in the behavior of inflation, interest rates and the economic situation that the country has been going through.

(The letter that warns about the risks of double taxation).

In more detail, the company mentions that one of the main causes of household over-indebtedness is that people spend more than they have and many believe that products such as credit cards or free investment loans are an extension of their income.

Our figures indicate that in the last year the economic situation of households has been more complex, since we have had an increase of 53% of the people who joined our credit repair program; We went from 8,972 in the first half of 2022 to 13,746 in 2023”, mentioned Camilo Quiñones, country manager of Resolve your Debt in Colombia.

(Thanks to ‘Barbie’, Margot Robbie will pay off her mom’s mortgage.)

Compared to the number of people who managed to finish their credit repair program with the entity, there was an increase of 19% compared to last year. While in 2023, 1,429 people paid off their debts, 1,194 did so in 2022.

These figures are relevant because they indicate that, although the current economic situation could be causing many households to fall into default by not being able to pay their debts, people do have an interest in paying off their obligations and recovering their peace of mind“, he added.

(Controversial debate over government accounts with the EPS).

According to the latest report submitted by the company, A total of 58,500 debts have been settled, totaling more than 355,000 million pesos.

BRIEFCASE

2023-07-29 21:14:18
#Increases #income #people #credit #repair #programs

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