Clipping of news on Brazilian Culture, Law and Citizenship
03/11/2014
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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The average interest rate charged on the individual loans rose to 97.16 % a year in February , according to research from the National Association of Executives in Finance, Management and Accounting ( Anefac ) . The rate is the highest since August 2012. In January , the average interest rate was 93.39 % per annum .
According Anefac , interest shall rise again in the coming months
Six lines of credit to consumers surveyed , all were high in the month . On the credit card , the rate increased the barrier of 200 % annually - increased from 192.94 % annually in January to 216.59 % per year in February . It is the highest rate since September 2012.
In overdraft , the average interest rate increased from 152.66 % to 154.06 % per year, the highest since June 2012 , when it stood at 158.04 % .
For personal loan in banks , the average annual rate increased from 46.96 % in January to 47.64 % in February . In financial , the average rate went from 130.32 % to 130.84 % per year. There was also high interest rates of trade ( from 66.69 % to 98.81 % per annum ) and auto finance ( 22.28 % to 33.14% per annum ) .
For legal entities , lending rates also rose in February . The average rate went from 47.47 % a year in January to 47.98% last month - the highest rate since August 2012.
According Anefac , it is likely that interest rates of loans to rise again in the coming months , since the prime rate - the Selic - should have new high to respond to high inflation .
Source : G1
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This article was translated by an automatic translation system, and was therefore not reviewed by people.