Most of the Brazilian population is in debt, says research

by time news

2023-12-10 15:47:49

Credit cards are the main source of default in the country

Freepik 80% of Brazilians are in debt

In research published by MFM technology and by Locomotive Institute, it was found that 80% of the 1,000 people interviewed are in debt, the majority of which are due to credit cards. The lack of financial planning, loans and financing are also other reasons why Brazilians are in debt. This year, debts with IPTU, IPVA, water e energy bill.

The director of innovation and marketing at MFM, Luiz Ojima Likes, states that there was an increase in the percentage of Brazilians in debt in the survey carried out in 2023: “The main ones are those with credit cards, they have grown a lot compared to previous surveys, largely due to the increase in credit card offers. Regarding the social circle that can influence a person’s financial life, there was a 23% increase in the belief that social networks can be a bad influence, mainly due to advertising. Secondly, TV shows and friends’ opinions.

*With information from reporter Victor Moraes

#Brazilian #population #debt #research

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