Clipping of news on Brazilian Culture, Law and Citizenship
04/09/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
transparent image
Building materials segment grows by 6.8% favored funding
OSNI ALVES
Rio - With the warming of the construction sector , retail sales grew 6.8% in the first half of the year compared to the same period of 2012, according to IBGE . For those who want to build or remodel can be the opportune time to make the arrangements for financing the purchase of available material, which does not attract a lot of consumers due to the lack of information from customers. Banks offer credit lines with rates starting at 0.90 % monthly and longer period for payment.
Graciema , center , bought a few items yesterday and should start the second reform in his apartment
Photo : Estefan Radovicz / Agency Day
The Construcard , Caixa Economica Federal , works with interest starting at 0.90 % per month and more reference rate with a term of up to 96 months. The Bank of Brazil charges 1.61 % per month , but rates vary according to the maturity and establishment of purchase. The payment is made within 54 months . Already in Construshop , Itaú - Unibanco , the interest is from 2.52 % per month , without charging fees , and up to 54 months to settle . Wanted by the DIA , Bradesco did not comment on the terms offered .
Despite the facilities , funds pose little in sales volume . " From the long-term purchases , 80 % are made by credit card " , said João Batista Junior , who chaired the Association of Network Build until 2012 . The card has an average interest rate of 10 % per month , well above the lines to purchase building materials .
R$ 1 BILLION IN LOANS
Launched in June, the program ' My Best House ' , for the purchase of furniture and appliances , has already transferred some R$ 1 billion in loans to 220,000 families benefiting from the ' My House, My Life ' , according to President Dilma Rousseff .
Credit card is the most used
Store Manager Dibrama in Lapa , Marcelo Daumas Franca states that the demand for Construcard does not reach 10 % of purchases . The most used , points out, is the installment payment on the credit card .
Edilson Ribeiro , owner of Edil Construction Material , in business for 22 years , says that only caters to two forms of payment, and debit or credit ( card) or billet . " I tried to sign up for the store in CEF , but I demanded so much , so many documents , I gave up ," he explains .
A merchant Graciema da Silva prefers saving money , search and make the purchase of materials for cash . "A year ago I did a piece on this and I'm doing more reform . Copacabana came to the center of town looking for the best prices , "says .
MAJOR BANKS
BANK OF BRAZIL
At BB , installment sales to R$ 5000 in 24 times and interest of 1.61 % per month , the provision is R $ 252.82 and the final value reached R $ 6,067.68 . The same amount financed over 60 months , if rate of 1.61 % , the monthly payment would be R $ 130.58 and R $ 7,834.80 total .
Itaú - Unibanco
Itaú - Unibanco , funding R$ 5000 in 24 installments at 2.52 % , the benefit is R $ 280.18 and the final value reached R $ 6,724.32 . If the installments are over 60 months , and the bank charge the same fee, the fee is R $ 162.50 , which will total R $ 9,750 at the end of the funding .
CREDIT
According to the Central Bank ( BC ) , the average daily lending to individuals increased 13 % in July . This semester , the growth was mainly driven by higher demand for funds in the credit card ( 22.2 % ) and payroll loans ( 16.3% ) .
CUSTOMER PROFILE
In all banking institutions , the rates vary according to the profile and customer history , with more than a table of interest .
CARDS
In the first three months of the year were moved R $ 189.43 billion in transactions with credit cards and debit cards in the country , an increase of 16.9 % in the first quarter of this year compared to the same period of 2012. The Brazilian Association of Credit Card and Services ( Abecs ) expects the industry will close 2013 with growth between 15 % and 20 % .
PAPER CURRENCY
Moreover , the Central Bank reported that money remains the most used payment by the consumer , only for low value transactions . However , the federal government recently regulated payment through mobile devices , enabling the use of mobile smartphones for the purpose of credit and debt.
Source : The Day - Online
Our news are taken in full from our partner sites . For this reason , we can not change the contents of the same even in cases of typos .
This article was translated by an automatic translation system, and was therefore not reviewed by people.