October Records Brazil’s Highest Monthly Increase in Credit Default This Year

It has been this year's trend, although worse in October.

RIO DE JANEIRO, BRAZIL - Trade consumers' default grew two percent over the same month last year, according to data from the Central Credit Protection Service of CDLRio (Club of Store Directors of Rio de Janeiro).

The proportion of customers who were unable to pay off their purchases made on credit in Rio de Janeiro increased by two percent in October 2019, compared to 2018.

Since the beginning of this year, all months have seen an increase in . . .

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