Brazil low-income households spend 4x more income on credit card payments
Published 2 h ago3 sourcesEvidence: Unknown
Brazil's central bank (BC) signaled it may adopt macroprudential measures targeting higher-risk credit, citing research showing digitalization has sharply increased lower-income consumers' exposure to credit offers. The move would aim to curb financial stability risks from rapid digital lending growth, though specifics remain undefined. This marks a potential tightening of credit conditions in Brazil's consumer lending market.
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