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Debts

Debt on credit card hits record in the country, says BC

This article was translated by an automatic translation system, and was therefore not reviewed by people.

 

 


Data show that Brazilians have never owed so much in the 'rotation'.
Despite the high interest rates, consumers increasingly use the card.
 
The Brazilians never owed so much to the credit card. Data from the Central Bank (BC) show that the use of revolving credit, installment with interest and looting amounted to R $ 14.56 billion in July, a record. The debts also hit record: U.S. $ 26.49 billion is the accumulated balance at July 31, according to latest data from BC.

Although the rate of plastic money - currently at 237.9% a year - to be higher than the overdraft, participation in loans of this type only grows.

Proportion

Today, every $ 4 borrowed by individuals, $ 1 is on the card. The defaults on card transactions is also higher than in other credit operations. Data from BC, in July 28.3% of transactions were delayed by more than 90 days.

Experts say the increase in consumption and the already high level of debt in cheaper finance explain the search for expensive card loan.

The main loans offered to individuals, the line is more expensive, oddly enough, it gained more customers in July. While the volume of new business in personal credit yielded 0.16% and the overdraft fell 1.02%, the new concessions on cards jumped 15.4% in July compared with June.




Source: G1

This article was translated by an automatic translation system, and was therefore not reviewed by people.

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