At this time of year, the June festivities are one of the main economic drivers in the Northeast, moving various sectors and encouraging consumption throughout the region. According to data from the Ministry of Tourism, the period is responsible for moving more than R$ 1 billion in the regional economy, with an emphasis on commerce, hotels and the service sector. This warming scenario is reinforced by the increase in credit in the region, which grew by 13.5% in 2024, surpassing the national average (11.5%) and continues to grow at significant rates.<\/p>\n
Credit has proved to be an important ally in boosting household consumption. In 2024, states such as Piau\u00ed (16.1%), Bahia (14.7%) and Alagoas (14.3%) led this expansion, demonstrating greater access by the population and companies to lines of finance. However, faced with a projected slowdown in Brazil's GDP and local economies, the president of the National Association of Credit Bureaus (ANBC), Elias Sfeir, warns of the need for balance in the use of these resources.<\/p>\n
<\/p>\n
“O cr\u00e9dito \u00e9 fundamental para alavancar a economia, mas deve ser usado com planejamento, especialmente em per\u00edodos festivos. As tradi\u00e7\u00f5es juninas movimentam milh\u00f5es e sabemos que o cr\u00e9dito pode ser uma oportunidade de alavancar neg\u00f3cios ou mesmo de cobrir uma necessidade pontual dos indiv\u00edduos, desde que fam\u00edlias e empres\u00e1rios evitem comprometer suas finan\u00e7as com d\u00edvidas de longo prazo e que comprometam mais de 30% da receita\u201d, afirma.<\/p><\/blockquote>\n
<\/p>\n
With a credit balance of around R$ 1 trillion in the region, financial sustainability depends on both responsible supply by institutions and consumer awareness. Data from the credit bureau sector's default map reinforces the importance of this balance, showing that access to credit must be accompanied by financial education.<\/p>\n
<\/p>\n
\u201cConscious consumption during the June period is always the best choice. The recommendation is that families prioritize spending within their real needs, consider their economic possibilities, compare rates before taking out loans and avoid using revolving credit for non-essential expenses. The June festivities can be enjoyed without compromising the population's financial health,\u201d concludes Sfeir.<\/p><\/blockquote>\n
<\/p>\n
Read also:<\/h3>\n
Sustainable and Connected Credit: Brazil on the Global Scene<\/span><\/a><\/p>\n