CFT (Costo Financiero Total)
Argentina's standardized total annualized cost rate, shaped by the country's inflation environment.
CFT is Argentina's legally mandated measure of the total annualized cost of credit, regulated by the Banco Central de la República Argentina (BCRA), folding in interest, fees, and taxes.
Argentina's persistent inflation means CFT figures — for banks and fintechs alike — sit at a different order of magnitude than the equivalent figure in lower-inflation markets like Spain or Chile, reflecting genuine macroeconomic conditions rather than unusually predatory individual-lender pricing.