Household delinquency increases 16.9% between January and August
The Serasa Experian Index on Consumer Delinquency report, released on Monday (Sep. 14), shows that in August, there was a rise of 16.7% compared with August 2014. Compared with July 2015, delinquency rate fell 2.8%.
"The rise in delinquency rate this year, compared with last year's, has been a dominant characteristic since the beginning of 2015, caused by the very vulnerable economic situation for consumers to discharge debts: inflation, interest and unemployment rates are much higher in 2015. The decline compared with July 2015 is explained by the lower number of working days in August, 21 against 23," reads Serasa's statement.
The average amount of non-banking debts (credit cards, financial institutions, general stores and service providers like telephone and electric power supply) increased 22.5%, going from $93,96 (January-August 2014) to $115,13 (January-August 2015).
For the January-August period of 2015, compared with 2014, the average year-to-date amount of bounced checks and bank's delinquency also rose: 9.7% and 1.4%, respectively. The average amount of protested notes fell 2.9%.
Translated by Amarílis Anchieta
Fonte: Household delinquency increases 16.9% between January and August
