By Lise Alves, Senior Contributing Reporter
SÃO PAULO, BRAZIL – Despite forecasts of an improvement in the country’s economy in the coming months, Brazilians are still struggling to make ends meet. Last month Brazilians wrote more than 1.2 million checks that were returned for insufficient funds, according to data from Serasa Experian, while the Brazilian economy lost more than 74,000 jobs, according to the Ministry of Labor.
The percentage of returned checks in October, 2.52 percent, was the third largest in the last twenty-five years, according to the credit research company. “The deepening of the . . .