Increases debt with credit card
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Donaldson Gomes
Who never took a shock when you open the bill the credit card? According to the Central Bank (BC), the amount of people who are not giving an account of debts to this form of payment is reaching worrying levels. Approximately 28% of patients of plastic money can not pay the full amount of the invoices. Those who pay nothing for 10% of operations.
The debt grows concomitantly with the significant increase in the use of a form of payment, which grows at an average rate of 17% per year since 2004 and is responsible, along with debit cards, for 53.8% of retail payments. Reflecting a change of behavior in the Brazilian consumer who is leaving the checks by the plastic's time to funding.
Year after year, the old beads are giving the post of the villain indebted to the cards. The establishment that receives payments via cards do not bother to check the registration status of the client. If you limit, the account is approved, regardless of possible restrictions. And those granting such limits, experts point out, not in the habit of reviewing them periodically. Not an exact science, but the result is predictable: a lot of people with upper limits to their ability to pay, subject to the swelling the numbers of debt.
Marcia Teixeira discovered the downside of credit in October, when he lost his job and found himself unable to account for all the family expenses. "My husband and I had to make choices. He took responsibility for the expenditure side, I got what was missing from the school of my daughter, and the card was in the background, "he recalls.
There she entered the sieve that is responsible for most of the profits of the issuers of credit. According to BC, 60.26% of the revenues of the companies responsible for the operation of this form of payment of calls are from financial income. In the words of the bank's Report Card Industry Payment: "Revenue arising from the credit facility, as well as those generated by the financial returns from the default (penalties, interest, etc.)..
From October until January, Marcia helped fatten the revenues of health insurance, paying the minimum and seeing the debt of $ 600 remains unchanged. "At one moment I saw that could not pay," he says. The option for it? Negotiate. The answer I heard? "When I saw the deal offered, I realized that it would pay interest on interest and my debt would still increase by 50%." Marcia heard the advice of his brother lawyer, to stop paying the minimum and try to pay via Justice fair value.
Since then, the debt increased. "They are charging me $ 2 mil. Unfortunately, when we signed the contract clauses that are not considered, but that put us in a difficult situation, "says surprise. Recently managed to get back on the job market and is already able to repay the debt, however ponders: "I will not pay what they owe.
Multiplication - Between 2003 and 2008, the number of credit cards in circulation in the country more than tripled from 44 million to 132 million. One effect of the steep increase is the lack of control. Which is what the civil servant Angela Maria Rebouças. She has two cards in plea bargains, two from one carrier, three of another. "Aside from the card shops," he added. The result has been an exercise in juggling to pay bills every month. "I try to pay as much as possible."
Tips for not going into debt
1 - Invoices
Follow all the expenditure for your card to avoid surprises. Most operators card allows the customer to monitor spending through the Internet and by phone.
2 - Rotation
Always pay the full amount of the invoice not to enter the average interest of 10% per month of revolving credit.
3 - Quantity
Have the minimum possible cards. It is best that there is only one per family to avoid complications to account for a large number of invoices.
4 - Private Rooms
Avoid accumulating a large number of cards Private shops. Remember that most of these establishments take the flags of more common cards.
5 - Basic
Pay card at maturity, because the interest for the delay are high.
6 - Debts
In the case of the existence of debts to the card, it is worth giving up a well to pay off. Another option is to take a payroll loan with lower interest rates, to pay
Source: A Tarde Online
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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