Advertisements
On Tuesday (19), Serasa released a study indicating financial challenges faced by Brazilians in 2023. Find out more now.
On Tuesday (19), Folha de S. Paulo published data from an analysis by Serasa. This revealed an increase in defaults related to basic bills, such as electricity, water and gas.
In August 2023, such accounts made up 1/4 of citizens' total debts. This rate marks the peak since 2019. Additionally, the study revealed that global defaults increased compared to July.
Advertisements
Read also: Brazil Unfolds: Surprising New Phase with Immediate Answers
Check out details of the Serasa report on outstanding debts
In August, the country registered an additional 320 thousand defaulters, reaching a total of 71.74 million people with restrictions on their Serasa registration. Of these, Serasa indicates that 50.4% are female and 49.6% are male.
Advertisements
The main age group affected is 41 to 60 years old, accounting for 35% of the total. Next, we have the 26 to 40 age group, with 34.5%. Since the beginning of 2023, the outstanding amount in basic accounts has grown by approximately 13.82%, according to Serasa.
Defaults are mainly related to bank accounts and credit cards, accounting for approximately 29,29% of the total outstanding debts. Although there was a downward trend in June, the situation has recently reversed.
Government initiative aims to reduce outstanding debts
Desenrola Brasil, a Federal Government project, aims to facilitate debt renegotiation for those with outstanding debts. In September, the expectation is that individuals in Faixa 1 will begin conversations with the entities involved.
Read also: Desenrola Brasil: Renegotiations of Early Debts by Grand Stores
Thus, at this stage, those who have debts of up to R$1,000 or other outstanding bank debts have the chance to adjust the amounts. The Government will soon launch a platform to mediate the agreements, functioning as a type of “bidding”. The focus is on those who earn up to 2 minimum wages and are registered with CadÚnico.
In conclusion, the program, which has already completed the stage related to Faixa 2, aims to contribute to the reduction of defaults indicated in Serasa data. In the initial stage, more than 1.9 million agreements were concluded through Desenrola.
