Default should grow especially in payments of long-term
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By: Gladys Magalhães Ferraz
SÃO PAULO - The rate of default in payments to grow longer-term, common in large retailers, especially in the sector of clothing and appliances.
The forecast in the report, released this Tuesday (23), the Link Investments, explaining that the high interest rates and unemployment rates are making people become less and less confident, and have to plan more spending .
In addition, in an environment unfavorable to the consumer, as it goes through at the moment the world economy, the trend is that items such as appliances and clothes end up being last in the list of priorities of citizens.
Default
Moreover, according to the report of the Link Investments, it does not happen with items such as food and drink that, according to the broker, being items of low value, less use of credit and the first need not be left aside by the consumer .
According to PricewaterhouseCoopers, the rate of default in the Brazilian registered increase of 8.6% in the first two months of 2009, as compared to the same period last year. The main reason, according to the technical body, was the difficulty of people to honor their commitments, especially the long term.
Source: Infomoney
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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