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Argentina credit contraction deepens: family loans down 5% YoY, rates at 86%
ClarínLO·AR·1 day ago
Brazilian central bank data shows revolving credit card interest rates fell to 436.2% per year in July 2026, down 6.2 percentage points from June, with installment rates also declining. Despite the drop, rates remain among the highest in the financial system, reflecting persistent consumer credit stress and high default risk.