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Interest

Overdraft interest rates increased again in December, shows Procon

09.12.2015

This article was translated by an automatic translation system, and was therefore not reviewed by people.

 

 

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Check the average rate reached 12.55%, the survey found.

In the personal loan rates were kept stable. 

The average interest rate charged on overdrafts rose again in December, a survey released on Monday (7) by Procon-SP Foundation. Who should be on the check now pay on average 12.55% interest per month, compared to 12.24% in November.

The increase was a result of higher interest rates charged by two of the seven surveyed banks: HSBC, the rate increased from 13.67% to 14.67%, while the Bank of Brazil it was raised from 11.8% to 11.99 %. In other banks, was unchanged.

Interest rates in December, research Procon (Photo: Playback / Procon-S`P)

The Procon-SP also pointed out that the personal loan, none of the banks surveyed changed interest rates in relation to November, and the average rate was estávelem 6.39% per month.

"Consumers should be alert and avoid impulse buying, especially at this time that precedes Christmas, can be induced to take out loans. In this case, remember that, whatever the type of contract, charges start appearing early next year, along with enrollment and school supplies, property taxes and other expenses, "says Procon-SP in a statement.

Source: G1

 

To access the G1 site, click here.

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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