Clipping of news on Brazilian Culture, Law and Citizenship
12/03/2014
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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SAO PAULO - The interest rates of the loans were again high in February 2014 , adding the ninth increase then . With this, market interest rates had high average of 3.01 % per month and 4.04 % on a year to the loan transactions by individuals.
This new high means a correction of 5.82 % per month and 97.16 % per year, reaching the highest rate since August 2012 , when it had reached 6.02 % in the month and 101.68 % per year, according with the research of the National Association of Executives in Finance, Management and Accounting ( Anefac ) .
For the association , this increase can be attributed to high Selic ( basic interest rate ) promoted by the Central Bank at its last meeting of the Monetary Policy Committee ( Monetary Policy Committee ) held in February 2014 and the expectations that come back to raise the next meetings . Because of this , it is likely that the rates of interest on credit operations return to be high in the coming months .
Credit card leads
In the review by segment elevation was recorded in all six lines of funding researched , especially the credit card , up 7.58 % , with this increase , the rate reached the highest level ever recorded correction since September 2012. The rollover of debt in one year amounted to 216.59 % compared to 192.94 % in January. In the month , the rate rose 9.37 % to 10.08% .
The CDC ( Consumer Direct Credit ) had the second highest percentage increase of 3.55% , the purchase of automobiles. This was the largest increase since July 2012. The average rate went from 1.69 % to 1.75 % per month , and 22.28 % to 23.14 % per annum . Have overdraft ranked second among the most expensive debts . Despite a small increase of 0.62 % , the interest charged per month were 8.08 % and a year, 154.06 % . Compared to previous years , the rates were the highest since August 2012.
In trade, forward purchases had an average increase of 2.53 % on average in January, the May figure since August 2012. The monthly rate was 4.46 % and 68.81 % per annum .
For legal entities , the three types of credit had increased , with an average increase was 0.91 % or 0.03 percentage point higher than the previous month.
Source : MSN.com
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This article was translated by an automatic translation system, and was therefore not reviewed by people.