Clipping of news on Brazilian Culture, Law and Citizenship
06/02/2014
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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High of 7.84 % delinquency in January is the lowest for the month in three years
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The year began with less debt. The default rate in January was up 7.84 % compared to the same period last year. The index is the lowest for the month in three years . The information SPC Brazil ( Credit Protection Service ) was released by CNDL ( National Confederation of Shopkeepers ) Thursday ( 6 ) .
The amount of debt earlier this year also decreased by 2.28 % compared to December last year. This was also the lowest rate since February 2013.
As president of CNDL , Pellizzaro Roque Junior , despite January being a period in which the consumer does not pay many bills because of the holiday period and had several expenses at the end of December, the increase in default rates was smaller than in previous years .
Read more news of Economics
To Roque , raising the benchmark interest rate , greater selectivity in the supply of loans by banks and a lower confidence of retailers will make the consumer has trouble taking credit and get closer to the accounts . This scenario should make the cap stay at a low level this year .
Term sales
Have credit sales made by retailers grew 5.07 % in January this year compared with the same period last year. According to CNDL , this is a positive result for the average industry growth that should be 4 % this year .
But compared to December last year , the holidays always move the trade credit sales fell 29.94 % in January.
Among the sectors that will be most benefited from the World Cup are trade in food, beverages , supermarkets and electronics .
credit
The CNDL also reported that the delisting of default was up 9.12% at the beginning of this year compared with January 2013, which represents a greater recovery of credit by consumers .
Source : R7
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This article was translated by an automatic translation system, and was therefore not reviewed by people.