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Brazil’s Consumer Loan Defaults Hit New Record High Despite Government Debt Relief Program

The delinquency rate on non-earmarked loans in Brazil reached a record 6.6% in August, indicating persistent household financial stress and raising the political stakes for the next administration.

By Eleanor Shaw

Published
Brazil’s Consumer Loan Defaults Hit New Record High Despite Government Debt Relief Program
Illustration — BRZ.news

The delinquency rate on non-earmarked loans in Brazil reached a record 6.6% in August, indicating persistent household financial stress and raising the political stakes for the next administration.

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