Women have a better behavior in their loans than men, according to the TransUnion risk center as of December 2022.
(Read: The risks of Colombian companies when requesting loans).
Meanwhile he percentage of women in arrears of 60 days or more in at least one of their credit products is 7.7%, the equivalent for men is 9.8%. In credit cards, the percentage of balances in arrears of 60 days or more for women is 4.7%, while for men it is 5.8%.
In free investment credit they have an indicator of delinquency for balances of 60 days or more of 4.3% and men of 5.2%.
In microcredit, the percentage of the balance in arrears of 60 days or more for women is 4.9% and for men it is 5.6%.
The signature says that a higher percentage of women improve their risk score in a 12-month period relative to men, which makes them an attractive growth segment for entities.
(In addition: Know the requirements you must meet to buy a car on credit).
Likewise, women have a greater participation in the population that is linked by first time to credit as they represent 52% of new consumers to credit.
In total new loans originated, women represented 49.4%, similar to recent years, microcredit being the modality where the greatest participation of women in new credits is registered, with 55% compared to 45% of men.
In microcredit and credit card women participate, with 51% of all consumers and also have a better risk profile than men.
For example, at the super prime risk level, the one with the lowest risk37% of all women have credit, compared to 34% of men.
For her part, Natalia Tovar, legal and corporate affairs vice president of Experian Spanish Latam from the DataCrédito Experian credit bureau, said that “When analyzing the number of credit operations, in the case of women it grew 27.6%, going from a little over 20 million operations in 2021 to around 26 million in 2022”.
The executive assured that in the case of men, the growth in the number of operations is 20.8%.
(Keep reading: What would happen if fintechs stopped working?).
He said that women continue to gain participation in credit in all regions, since they have more than half of the operations for 2021 and 2022.
The The region that grows the most is the Coffee Region and Antioquia, going from 56.5% to 58.3%, gaining 1.8% participation in credit.
For its part, the region that increased the least is the Caribbean with 0.8% (52.4 to 53.2%). The other regions (Orinoquía and Amazonía, Pacific and South West, Santanderes, Boyacá and Cundinamarca) grow similarly with a value around 1.3%.
In the AAnalysis the firm says that the real sector has a greater participation of women with 61.3% by 2022 and also, this sector is the one with the greatest gain in participation by women, with 1.5% between the two years (59.8% to 63.3%).