Indebtedness among the poorest in Brazil reached 80.3% in September 2022, the highest ever recorded since 2010. ) in September.
According to the survey, it was these consumers who owed the most in the period from August to September of this year. In families with higher incomes, debt has remained stable at 75.9% since July.
The number of households in debt in Brazil in September was the highest on record since 2021, reaching 79.3% of total households in the country.
The study also showed that the debt of women increased from August to September by 0.9%, reaching 80.9%, while that of men decreased by 0.1%, reaching 78.2%. They were also the ones with the most debt during the year, mostly in credit cards and overdrafts.
Families with arrears for the third month in a row have seen an increase of up to 30%. In addition, 10.7% of families were unable to repay their debt in September.
“The difficulty of paying all monthly obligations is more hidden among low-income families. These consumers still face challenges in managing their monthly budget, especially in the context of high interest rates,” the CNC study highlights.
The Confederation recalls that interest rates on credit lines for individuals increased by 13.5% over the year, according to the Central Bank, reaching an average of 53.9%.
The study looked at past due checks, credit cards, overdrafts, ledgers, payday loans, personal loans, and auto and housing payments as debt.
Source: Ndmais