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    Home»Economy»Household indebtedness reaches 68% and sets a new record – news
    Economy

    Household indebtedness reaches 68% and sets a new record – news

    Charlotte WhitmoreBy Charlotte WhitmoreJune 1, 2021No Comments1 Min Read
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    Household indebtedness reaches 68% and sets a new record – news
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    a Brazilian Household Indebtedness It reached 68% in May and reached a new all-time record. According to the National Consumer Debt and Defaulting Survey, conducted by CNC (National Federation of Trade in Goods, Services and Tourism) released Monday (05/31), this was the sixth consecutive increase.

    Read more: Credit search decreased 8% in January, but increased 22% compared to 2020

    After six consecutive months of growth in population indebtedness, 68% of households declared themselves in debt in May, an increase of 0.5 percentage points from April. Compared to May of last year, the increase was 1.5 percentage points in the debt ratio.

    Bad debt also increased, reaching 24.3% of households in May. The total number of families with debt or delinquent accounts grew for the first time since August.

    The survey considers debts to be due on credit card, brochure, overdrafts, payroll loans, personal credit, and modalities of financing, for example. Late payments also record current expenses and delinquent accounts, such as gas, electricity, phone, and school fees.

    According to CNC, Mayo’s results reflect the perception of households with lower job stability and factors such as high inflation.

    Charlotte Whitmore

    Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.

    See also  UK Green Economy Surpasses £100bn as Net Zero Sector Drives Jobs and Investment
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