The number of checks rejected due to insufficient funds in the first two months of 2026 reached levels similar to those seen during the Covid-19 pandemic, warns a report by the credit risk analysis center Fidelitas.
The study shows that in December the number of rejected checks reached 97,612, a record high. In January the figure was 89,352 and in February 86,350, numbers well above the historical...
Steelman: The report by Fidelitas highlights an alarming increase in check rejections due to insufficient funds, reaching levels similar to those during the Covid-19 pandemic. This trend is particularly pronounced among SMEs and certain sectors like milling, leather, furniture, apparel, and construction. Default rates are high, with loan repayment delays for SMEs reaching 4.4%.
Patterns detected: ARC-0024 Ambiguity (The article does not clarify the causes behind these trends, leaving room for in...