Clipping of news on Brazilian Culture, Law and Citizenship
01.08.2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Research shows improvements in all six types of credit
Amid rising prices and unemployment, consumers have more reason to redouble care bills. Given this situation, the revolving credit card is still the most expensive mode and the 'villain' delinquency: the interest amount to 399.84% per annum in December last year.
According to research by the National Association of Executives in Finance, Administration and Accounting (Anefac) of loans interest rose in December 2015 for the 15th consecutive time. Reached the highest average levels since early 2009. The increase in overall average rate was 1.75% per month and 2.54% in one year, from 7.43% (per month) and 136.32% ( per year), in November to 7.56% (per month) and 139.78% (per year) in December.
According to the survey, six lines of credit - trade, revolving credit cards, overdraft, CDC, personal loan (banks) and personal loans (financial) - were discharged. The card had the highest increase: 2.94% per month pa 399.84% per year. The second most expensive cost was overdraft mode with a high of 1.89%.
For the director of Economic Research of Anefac, Miguel Ribeiro de Oliveira, the downturn in the economy and rising inflation contributed to the rise in interest rates.
"In this economic climate, there is increased default. Banks increase interest rates to offset potential losses, "said Oliveira, also stating that the forecast for this year the rates go up more. "It is the consumer's time to be conservative. Avoid the card and use other less expensive lines, with lower interest rates, such as payroll. "
After going into debt with the card on the rotary and have negated name, office assistant, Aline Ribeiro, 33, decided to pay everything in sight. "Not managed and turned the debt snowball. I have no credit card debt and only use "he said.
Source: The Day
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This article was translated by an automatic translation system, and was therefore not reviewed by people.