MORE THAN 80% of Brazilians who USE CREDIT CARD DON'T KNOW HOW MUCH THEY PAY in INTEREST

Rio-you know how much you pay interest on revolving credit card? The question may seem simple, but 84% of Brazilians who resort to it or missed or didn't know how to answer the question. Only 16% hit: between 10% and 15% per month. That's what shows the survey of online credit Just platform, the GuiaBolso group, submitted exclusively to the globe. Among those who have debts on overdraft, the number of people giving the rates is greater, more is still considered low by experts: only 31.3% know what they pay in interest. The reason, according to the Director of the Just, Bruno Poljokan, has a direct relation with the brazilian culture, in which, according to him, there's still more to financial education. — Even the research being unprecedented, it reflects a recurring our perception. We have a clear problem of financial education, with people who think they pay less than the prime rate on the overdraft — alerts, reminding: — is indicative that people observe only the value that is being paid, but not the interest rate. It is precisely the rate which can make the debt over time becomes a snowball. Other data of the research shows just how people even see these as forms of debt: between those who use the overdraft, 31.3% do not consider themselves indebted. Of those in the Rotary number is even higher: 40.6%. Search different options to refinance credit with the prime rate of the country in the lowest historical level 2017 closing, of 7% per year, an option suggested by experts is to swap debt more expensive for other cheaper. In other words, get a mortgage with lower interest rates. To ensure lower rates, it is important to search the different market options. According to online credit Just platform, since your launch, in April 2016, users already saved together with $175 million debt refinancing R until the end of 2017. — In terms of annual loan rate online comes to be about 13 times cheaper than the overdraft and revolving credit card — compares Poljokan.