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Tag: APR

Nearly 60% of Brazilians in Installment Debt

Contributing Reporter -
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Some 58.2 percent of Brazilians use their monthly salary to pay off “installment debt,” according to a new survey by the Instituto Brasileiro de Economia (Brazilian Institute of Economics, Ibre-FGV). Yet...
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