Herpes Dry Humping Pants On

Many of those restructured with the banks, again with payment problems

• CNBV estimated that between 30 and 40% of users between 2008 and 2010 that restructured their debts fell back on default ( Source: Vanguard )

restructuring programs made by the banks to resolve bad debt problems that their clients were using credit cards were not enough to encourage payment of users. Babatz
Guillermo Torres, president of the National Banking and Securities Commission (NBSC) reveals that between 30 and 40 percent of users who are made rescheduling of payment, discounts in the amount of its debt and cuts in interest rates that were, fell back into default "relatively soon."
In an interview, said that "certainly are customers who not only had delayed payments to a bank but many."
Thus, even met with one of them, sooner or later fall back into default problems having high debt balances to the card from another bank.
"One of the probable reasons that led to the restructuring which will not work is that the programs were not aggressive enough to be able to users to move forward, "says the official.
The debt restructuring was a plan that banks started to recover some of the resources that had already lost as a result of that stopped paying cardholders.
According to information from the NBSC, only in 2010 did take off and punishments as a whole sector totaled 51 thousand 506 million pesos.
In the three years with greater default problem, which were 2008, 2009 and 2010, the amount totaled 203 billion pesos. Problem

home
These results in plans that banks put in place to encourage compliance with payment of the debts of their clients, is the result of lax granting practices that occurred in the recent past, says Babatz.
"One of the events preceding the crisis was that there were some customers who got loans from many different banks, taking those lines by relatively high amounts and some of them had problems with several of these institutions," he says.
This made it more difficult for a single bank restructuring could leave.
None of the banks was that style of restructuring mechanism that would allow customers finalize the debts of all your credit cards.

pay more than that in the period
increased emission of plastic, banks are usually only checked that there was no negative history with the credit information companies and, if so, authorize the card without making a thorough assessment on the size of debts relative to income customer .
In this way, "what was common was to see that there were people with various credit lines, they were paying the minimum and that when they needed liquidity got another," he says.
Another error is that the banks began to compete to expand their customer lines. "If once you approve this credit, you start to compete extending the lines, it is easy for these people overhang, "says the chairman of the regulator of the Mexican financial system.
Today, he says, conditions are changing. "Banks are looking more to the customer and try to be more cautious towards the segments that have no experience yet.