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A recent study by Serasa, called Credit Map, reveals an interesting fact: Almost 40% of consumers are using their credit card limit to make investments.
The survey also revealed that credit cards are the most sought-after line of credit by consumers, with 52% of the responses.
The study is an attempt to understand the relationship between consumers and the various lines of credit available on the market.
The credit card as the main investment tool
THE search from Serasa points out an interesting trend in Brazilian consumer behavior. At least 40% of those interviewed stated that they use their credit card limit to make investments.
This indicates that consumers are looking for alternative ways to investment and seeing the credit card not only as a purchasing tool, but also as a means to increase your income through investments.
Credit data from Central Bank
Research prove that credit card revolving interest rates are the most expensive on the market, while CDBs offer higher returns than credit card revolving interest rates, which can reach 415.3% per year, making it the most expensive line of credit on the market.
In contrast, CDBs from medium-sized banks are yielding, on average, between 100% and 115% of the CDI, which means an annual return between 11.15% and 12.82% with the CDI at 11.15%.
Therefore, we conclude that:
- Avoid credit card revolving debt at all costs! Exorbitant interest rates can compromise your budget and generate large debts.
- Consider investing in CDBs from medium-sized banks: This option offers significantly higher returns than card revolving credit, with lower risk.
Growth of credit in digital accounts
The study also highlights the growth of credit in digital accounts, which was the second most sought-after line of credit by consumers, with 25% of the responses.
This modality has gained popularity thanks to its ease of access and more attractive pricing compared to traditional credit lines.
Personal loan as a secondary line of credit
The survey also reveals that 181% of consumers are looking for a personal credit line. This category includes everything from unsecured personal loans to more complex forms of loans, such as payroll loans and loans secured by a vehicle or property.
In conclusion, Serasa's research provides important insights into consumer behavior regarding credit in Brazil. The results show that consumers are becoming more active and strategic in their investments, even using their credit card limit to do so.
These trends indicate possible changes in the way Brazilians deal with credit and money, pointing to an increasingly active and conscious relationship with their finances.
Image: https://br.freepik.com/wayhomestudio
