# Credit and debt trends in Latin America > Live situation record from CLSTR: https://clstr.news/situations/credit-and-debt-trends-in-latin-america > Updated: 2026-09-25T00:42:15.000Z. Sources: 5. Developments: 2. Recent reports highlight trends in credit access and debt management across several Latin American nations. In the Dominican Republic, data from the Dominican Banking Market Information System (Simbad) shows that the financial system added 118,515 new debtors between January and May 2026, with women representing 50.4% of these individuals. Banco de Reservas was the leading institution during this period. To assist consumers, the Superintendencia de Bancos branch ProUsuario released the “Enfrenta tus deudas” guide, which advises that debt payments should not exceed 40% of monthly income and suggests methods such as debt consolidation or the “snowball method”. In Colombia, research indicates that 32% of adults lack traditional credit histories, though 86% possess economic data through alternative sectors like telecommunications and retail. In Mexico, financial institutions like Financiera Monte de Piedad offer personal loans without collateral, though these carry high annual interest rates ranging from 48% to 90% before taxes. ## Timeline ### 2026-09-25: Financial debt management and loan options in DR and Mexico Financial guides and loan services in the Dominican Republic and Mexico offer strategies for debt management and credit options, including personal loans and collateral-based pawn services. 3 sources. https://clstr.news/cluster/financial-debt-management-and-loan-options-in-dr-and-mexico ### 2026-09-08: Financial sector reports show credit trends in Dominican Republic and Colombia Recent reports highlight credit trends in Latin America: the Dominican Republic saw 118,515 new debtors by May 2026, while 32% of Colombian adults lack traditional credit histories. 2 sources. https://clstr.news/cluster/financial-sector-reports-show-credit-trends-in-dominican-republic-and-colombia --- Cite as: Credit and debt trends in Latin America. CLSTR, https://clstr.news/situations/credit-and-debt-trends-in-latin-america