Four out of ten Brazilians are defaulters

Despite the injection of resources into the economy, troubled domestic and international economic scenarios may worsen the default situation.

RIO DE JANEIRO, BRAZIL - Almost four in ten adult Brazilians were defaulters last month, which corresponds to 61.94 million people with pending debts in the credit bureaus, according to a survey conducted by the National Confederation of Store Managers (CNDL) and the Credit Protection Service (SPC Brazil). The number of defaulters included in the credit bureau base increased almost 6% last month compared to April 2021.

The total of defaulters today is not a record . . .

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