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On Tuesday (19), Serasa released a study indicating the financial challenges faced by Brazilians in 2023. Find out more now.
On that Tuesday (19), Folha de S. Paulo published data from a Serasa analysis. This revealed an increase in delinquency related to basic bills, such as electricity, water, and gas.
In August 2023, these bills accounted for 1/4 of citizens' total debts. This rate marks the highest level since 2019. Additionally, the study revealed that overall delinquency increased compared with July.
Read also: Desenrola Brasil: Surprising New Phase with Immediate Responses
Check out the details of Serasa's report on outstanding debts
In August, the country recorded an additional 320,000 delinquent borrowers, reaching a total of 71.74 million people with restrictions in the Serasa registry. Of these, Serasa indicates that 50.4% are female and 49.6% are male.
The main affected age group comprises those aged 41 to 60, accounting for 35% of the total. Next comes the 26-to-40 age group, at 34.5%. Since the beginning of 2023, outstanding basic bills have increased by approximately 13.82%, according to Serasa.
Delinquency is predominantly concentrated in bank accounts and credit cards, accounting for approximately 29.29% of total overdue 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, individuals in Tier 1 are expected to begin discussions with the entities involved.
Read also: Desenrola Brasil: Debt Renegotiations Anticipated by Major Retailers
Thus, at this stage, those with debts of up to R$ 5,000 or other bank-related outstanding debts have the opportunity to adjust the amounts. The Government will soon launch a platform to mediate the agreements, operating as a kind of “auction”. The focus is on those earning up to two minimum wages and registered with CadÚnico.
In conclusion, the program, which has already completed the stage relating to Tier 2, aims to help reduce the delinquency indicated in Serasa’s data. In the initial stage, more than 1.9 million agreements were reached through Desenrola.
