Debt among Brazil’s families went down this August, late payments are increasing

For the second month, debt among Brazil’s families went down this August. Yet, late payments are increasing. The National Confederation of Commerce (CNI) released this report on Tuesday. The debt rate slipped from 78.1% to 77.4%. This is the lowest since June of last year. Over a year, it’s a 1.6-point drop. Here, “debt” means […]

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