Clipping of news on Brazilian Culture, Law and Citizenship
12.21.2015
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Percentage of returns of checks for insufficient funds was 2.61% in November
From January to November, the percentage of checks returns for lack of funds was 2.23% Marcos Santos / USP Images
The cap with checks throughout the country reached last month, the highest level of the series, which began in 1991, according to the Serasa Experian Indicator No funds checks. The percentage of returns of checks for the second time due to insufficient funds in November was 2.61% compared to total checks cleared.
Before this record mark, the greater was the return of 2.52% observed in May 2009. In October this year, the return was 2.20%. In November last year, the return was 1.93%.
From January to November, the percentage of checks returns for lack of funds was 2.23%. This also was the highest level for the period of the entire series, that is, since 1991, surpassing the return of 2.17% in the period between January and November 2009.
According to the economists of Serasa Experian, the record level of defaults with checks observed in November this year is a direct consequence of the deepening economic recession, rising unemployment and the fall in the population's purchasing power.
All these factors compromise significantly the payment capacity of consumers, leading many of them to default.
In states and regions
Due to the review process being conducted by the Central Bank to check statistics compensated at the level of States, since September 2014, will return to the publication of the default ranking of checks in the when new statistics arising from this review process are available.
The indicator consists of the monthly survey on the number of checks returned due to insufficient backing compared to total checks cleared. For the purpose of calculating the indicator only is considered the second returned for insufficient funds.
Source: R7
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This article was translated by an automatic translation system, and was therefore not reviewed by people.