New Positive Registry will boost ESC loans
Follow on Google News With the entry into force of the new Positive Registry (CP), information on the credit operations of individuals and companies is being included in the databases of credit bureaus so that it can be used for...
Small businesses predominate and seek differentiated credit lines
Follow on Google News By 2022, Brazil should have more than 6 million micro and small businesses, according to projections by Sebrae (Brazilian Micro and Small Business Support Service). This figure represents an increase of 50% compared...
Identity fraud claims millions of victims every year
Follow on Google News In the United States last year alone, 14.4 million consumers were victims of identity fraud. Fraudulent operations caused a loss of 14.7 billion dollars. Fortunately, both figures are falling, despite...
Higher salaries don't necessarily lead to financial well-being
Follow on Google News The financial well-being achieved by a person is not linked to how much they earn each month. This was one of the conclusions of the study "The Employer's Guide to Financial Wellbeing 2018-19".
All five regions of Brazil register defaults of at least 30%
Follow on Google News At least three out of every ten Brazilians are in debt. Brazilian regions have a minimum default rate of 30%. According to the World Bank, in a study carried out in 2015, only San Marino, Cyprus and Greece, in that order, had a percentage...
The role of guarantees in reducing interest rates in the credit market
Follow on Google News Between January 2016 and December 2018, the average rate for an unsecured personal loan was 111.2% per year. To arrive at this percentage, the calculation considered the average monthly...