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Drop in Interest Rates Creates Opportunity to Renegotiate Debts

RIO DE JANEIRO, BRAZIL - Bill No. 3.515/15, which provides tools to avoid over-indebtedness and promote financial education, is currently being considered by a special committee in the Chamber of Deputies. The proposal approved by the Senate was suggested by jurists specialized in Consumer Law.

Experts interviewed by Agência Brasil are in favor of measures to contain borrowing and unnecessary expenses. "We need to change the population's culture to one of savings and not of . . .

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