Number of debt grows and Brazil has today a Italy ' of defaulters

The Brazil never had so many defaulted. In July, the total number of Brazilians with debts in arrears reached 63.4 million, according to the credit protection service (SPC), almost equal to the population quota of Italy. The number scares you, because the historical series showed an improvement in delinquencies from March to September 2017, says Marcela Kawauti, Chief Economist of the SPC Brazil. However, the reversal of expectations the economy has affected this trajectory. The poorest are still the most important person to, but is among the highest income families that the delinquency has resisted, indicates the latest research from the National Confederation of trade in goods, services and tourism (CNC). While the percentage of lower-income families with outstanding debt fell from 29% in July 2017, to 26.7% in the group with higher income to ten minimum wages, the default index reached 10.8%, compared to 10.6 percent from the same month last year. Always the job paulistana Julia H.P., who asked not to reveal his last name, reflects this higher class is with bills. Unattended, received some R $15000 in the company where he worked, but lost his job when you got pregnant. The situation worsened when Julia was abandoned, during pregnancy, by the father of your child. "It was five months without a job and no maternity leave. How had easy access to credit, used everything. I owe condo, internet, overdraft, Bank loan, letter of credit ... everything. " Back to the labour market, she tries to restructure now, despite lower earnings. Refinanced the car and new bank loan to pay for the most urgent bills. "My overdraft debt is still surreal." Behavior does not change as the rent the SPC Brazil Chief Economist, explains that, in General, the behavior of the indebted does not change as the rent. "The upper classes have more leeway, but, for the most part of the time, the more the person earns, the more you spend." CNC, Economist Marianne Hanson points out that higher income families have access to higher quality credit with lower interest and extension. For the experts, however, the crisis did not teach much to Brazilians in terms of spending control or conscious consumption. "We thought the crisis would promote changes in behaviour, but that occurred only in the short term. In the longer term, more strategic, nothing has changed, "laments Marcela, SPC's Brazil.