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Mexico's loan delinquency, lender by lender

In June 2026, 2.90% of Mexican banks' payroll loans were delinquent, against 5.18% of personal loans and 3.55% of credit-card balances. Below is the official figure for every bank, SOFOM E.R. and SOFIPO, largest book first.

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Charged on payday vs not

A payroll loan is charged on payday: the bank deducts the installment automatically from the salary the employer deposits. Personal loans and credit cards are not charged on payday. Across Mexico's banks, the payroll book has the lowest delinquency rate (IMOR, the share of the book CNBV classes as impaired) of the three.

Product IMOR (%) Book (MXN bn) Rate on new loans (%)
Payroll loans (nómina)Charged on payday 2.90 457 26.93
Personal loansNot charged on payday 5.18 312 39.45
Credit cardsNot charged on payday 3.55 735 —

Borrower mix explains part of the gap: personal-loan borrowers are priced as riskier from the start (39.45% average rate on new loans vs 26.93% for payroll loans), so not all of the difference comes from when the loan is charged.

Banks (Banca Múltiple), June 2026. IMOR and book: CNBV. Rate on new loans: balance-weighted average across banks, a Latinometrics calculation from CNBV's consumer-credit data; not calculated for credit cards.

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Banks: payroll, personal and cards side by side

The 32 banks with a payroll, personal or credit-card book in June 2026, largest consumer book first. Read across a row to compare a bank's payroll loans, charged on payday, with its personal loans and cards.

Bank IMOR Payroll (%) IMOR Personal (%) IMOR Cards (%)
Banking system Consumer book MXN 1,988,624.4 mn 2.90 5.18 3.55
BBVA MéxicoConsumer book MXN 593,066.1 mn 2.80 5.06 2.81
BanamexConsumer book MXN 273,251.0 mn 3.48 5.16 3.65
BanorteConsumer book MXN 262,346.5 mn 2.50 5.99 3.53
SantanderConsumer book MXN 224,097.4 mn 3.20 4.55 4.00
Banco AztecaConsumer book MXN 145,462.3 mn 1.77 6.96 6.74
InbursaConsumer book MXN 104,049.9 mn 3.42 2.15 1.71
HSBCConsumer book MXN 84,584.0 mn 2.81 3.66 4.18
CompartamosConsumer book MXN 62,519.0 mn — 4.89 —
ScotiabankConsumer book MXN 61,860.5 mn 2.46 3.50 2.77
InvexConsumer book MXN 39,616.6 mn — 15.06 2.90
BanCoppelConsumer book MXN 31,920.4 mn 8.69 11.93 11.04
ConsubancoConsumer book MXN 25,287.8 mn — 2.05 —
Banco PlataConsumer book MXN 15,949.8 mn — 8.92 4.94
AfirmeConsumer book MXN 14,082.6 mn 1.90 4.26 3.10
BanregioConsumer book MXN 8,921.3 mn 3.13 2.80 2.81
Banco del BajíoConsumer book MXN 8,229.9 mn 2.01 2.56 3.03
MultivaConsumer book MXN 7,969.2 mn 4.61 1.13 —
Hey BancoConsumer book MXN 5,997.4 mn — 10.77 5.13
ActinverConsumer book MXN 3,314.7 mn — 6.03 —
BancreaConsumer book MXN 2,885.8 mn — 1.58 —
UaláConsumer book MXN 1,104.3 mn — 10.77 11.08
BansíConsumer book MXN 1,000.3 mn — 3.63 —
KapitalConsumer book MXN 762.5 mn 36.79 0.23 —
Banca MifelConsumer book MXN 584.2 mn — 3.25 5.68
BanfelizConsumer book MXN 534.4 mn — 28.69 —
OpenbankConsumer book MXN 433.5 mn — — 11.60
Revolut BankConsumer book MXN 182.3 mn — — 0.18
Ve por MásConsumer book MXN 170.1 mn — 28.49 —
BankaoolConsumer book MXN 34.5 mn 8.63 3.02 —
SabadellConsumer book MXN 10.4 mn — 1.30 —
Intercam BancoConsumer book MXN 6.1 mn — 100.00 —
Banco BineoConsumer book MXN 0.5 mn — 18.13 —

Source: CNBV, Boletín Estadístico Banca Múltiple, June 2026. Consumer book is the bank's total consumer book as CNBV reports it (all consumer products, including auto and other loans), not the sum of the three shown. A bank's book includes the SOFOM E.R. it consolidates. A dash (—) means the bank has no book in that product, or CNBV reports the ratio as not quantifiable (n.c.).

SOFOM E.R.: regulated non-bank lenders

Across all their lending, SOFOM E.R. had an IMOR of 2.19% in June 2026. These are the 17 with consumer loans, largest consumer book first, with delinquency by product.

SOFOM E.R. Consumer book (MXN mn) IMOR All consumer (%) IMOR Personal (%) IMOR Cards (%) IMOR Auto (%)
All SOFOM E.R. 162,125.3 1.65 9.03 1.71 1.47
Autoexpress† 59,311.0 1.61 — — 1.61
GM Financial 55,026.8 1.04 — — 1.04
Sofom Inbursa† 18,481.8 2.42 8.99 1.71 1.06
STM Financial† 15,357.3 2.20 — — 2.20
Ford Credit 9,954.6 2.18 — — 2.18
Arrendadora Afirme† 2,505.1 0.56 — — 0.56
Santander Inclusión Financiera† 1,016.2 10.88 — — —
Gramin Carso 278.6 3.66 — — —
Start Banregio† 112.8 1.36 — — —
Value Arrendadora 47.2 6.86 — — —
Bepensa 15.5 2.20 19.32 — 1.00
Mercader Financial 8.4 2.26 3.63 — —
Arrendadora BX+† 7.6 — — — —
ION Financiera 1.1 82.47 82.47 — —
Arrendadora Banorte 0.9 — — — —
Fin Útil 0.2 16.58 16.58 — —
Mifel 0.2 — — — —

Source: CNBV, Boletín Estadístico SOFOM E.R., second quarter of 2026 (June 2026). A dash (—) means CNBV reports zero, which covers both a SOFOM with no book in that product and one with none of it late. † Consolidates with a bank: its book is also inside the parent bank's row in the bank table above.

SOFIPOs: popular savings and loan companies

SOFIPOs report no split by product, so this is each one's IMOR on its whole loan book: the 32 with a loan book that reported to CNBV on time for June 2026, largest book first.

SOFIPO Loan book (MXN mn) IMOR (%)
All SOFIPOs 100,355.6 9.90
Nu México 35,686.2 6.59
Financiera Sustentable 20,411.3 2.43
Stori 9,926.7 12.63
Klar 8,407.6 8.20
Libertad 8,326.3 46.80
Crediclub 3,498.8 3.17
Fincomún 2,918.6 2.25
Monte de Piedad 1,929.2 12.46
Opciones Empresariales 1,342.9 7.32
Caja Bienestar 1,216.3 8.88
Progressa 980.6 7.23
Unagra 740.7 4.54
SAE 728.0 5.72
Fondeadora 720.1 3.02
Ku-Bo 644.5 12.24
Finamigo 565.2 1.60
Premo 512.6 14.93
Capital Activo 453.6 35.17
Tamazula 279.0 11.73
Credicapital 265.5 6.94
Operaciones de tu Lado 254.6 6.36
Multiplica 239.8 19.99
Súmate 114.5 10.34
Unete 62.3 8.24
Paso Seguro 60.1 3.54
Finsocial 18.4 2.82
Trafalgar 18.4 0.00
F Broxel 11.5 0.00
Grensa 10.2 4.82
Financiera Más 10.1 16.28
Porvenir 1.4 0.00
Impulso 0.6 33.48

Source: CNBV, Boletín Estadístico SOFIPO, second quarter of 2026 (June 2026). CNBV publishes SOFIPO balances in thousands of pesos; converted here to MXN millions.

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Sources

IMOR (índice de morosidad) is CNBV's delinquency ratio: loans in stage 3 divided by the whole book (stages 1, 2 and 3).