Many times, get into debt is the only option to access products and services, as is the case of a home, which if it were done through savings would have to be postponed for many years or would even be impossible to afford.
(See: Savings vs. debts: when it is good or bad to borrow or save).
One of the most common means for people to get into debt is the credit cards, which, currently, have an increase in the interest ratewhich plays a very important role for the citizens who purchase products through this means of payment, as they can complicate payment compliance if they are not used with responsibility and can lead to over-indebtedness.
(See: Living without debt is the greatest desire of Colombians for 2023).
Thus, the credit repair company Resolve your Debtbased on their annual analysis in which they specify the profile of the Colombian debtorannounced which are the cities in the country with the most over-indebted people.
(See: The problems that companies in Bogotá have to pay their debts).
– In Bogota there is 33% of the population with over-indebtedness.
– In Medellin there is 13% of the population with over-indebtedness.
– In Cali there is 6% of the population with over-indebtedness.
(See: Debts in dollars: follow these tips to pay it off and not suffer it).
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