[ad_1]
According to Central Bank data released today (27), consumers who fell into the revolving credit card account or used overdraft charges paid higher interest rates in November ( 27).
increased by 5.3 percentage points from October to 305.7% per annum in November. The rules on overdrafts changed in July. According to the Brazilian Federation of Banks (Febraban), customers who use more than 15% of the check limit for 30 consecutive days receive a refund offer, with interest rates lower than the overdraft rate set by the financial institution. .
The average rate applied to the credit card revolving credit card increased by 4.1 percentage points from October, to stand at 279.8% a year last month.
The average rate is calculated from consumer data. defaulters and defaulters. In the case of the non-compliant consumer, who pays at least the minimum amount of the current bill, the rate reached 255.6% per annum in November, an increase of 2.4 percentage points from October .
Already the rate applied to consumers who had not paid or delayed the minimum bill payment (non regular rotation) increased by 5.7 percentage points to reach 296.8% per annum.
The revolving credit is the consumer credit when it pays less than the total amount of the bill of the card. The revolving credit lasts 30 days.
In April, the National Monetary Council (NMC) defined the fact that defaulting customers on the credit card machine would pay the same rate of interest as regular consumers.
Nevertheless, the last fees charged to defaulters and defaulters will not be the same because the banks may add to the charge interest for delay and fine.
Expensive Terms
Overdrafts and card rates are the most expensive among the terms offered by banks. Personal credit, for example, is lower at 122.9% per annum in November, down 3.1 percentage points from the previous month. The rate of payday loans (with deduction) reached 24.3% per year, stable compared to October.
The average household interest rate decreased 0.3 percentage points to 51.6%. per year
Asked whether interest rates on credit should not be lower because of the lower historical level of the basic interest rate, Selic, at 6.5% per annum, and at lowest level ever recorded, British Columbia's vice-chief of statistics, Renato Baldini, said it was possible to make further cuts. According to him, in reality, the Selic at a low level favors the reduction of interests, as well as the reduction of the default and uncertainties related to the Brazilian economy. "Interest rates remain at historically low levels, with the possibility of further cuts."
Default
Lack of payment, considered a delay of more than 90 days for individuals, reached 4.8%, with a reduction of 0.1 percentage point. In the case of legal persons, the decrease was 0.1 percentage point, to stand at 3%. These default rates are the lowest in the BC historical series, which began in March 2011. The data comes from free credit, in which banks have the autonomy to lend money. money on the market.
In the case of directed credit. defined by the government, targeting mainly the housing, rural areas and infrastructure sectors), personal interest rates increased by 0.1 percentage point to 7.7% per annum. The rate applied by companies decreased by 0.5 percentage point to 9.2% per year.
Balance of loans
In November, the stock of all loans granted by banks was R $ 3,202 billion, up 1.1% in March and 3.6% in one year. In 12 months, the expansion reached 4.4%. According to forecasts released in September, British Columbia is forecasting 4% credit growth for this year.
This credit stock represents 46.8% of the country's total production – Gross Domestic Product (GDP) – up 0.2 point from October. In the first 12 months, there was a drop of 0.2 percentage points.
Projections for 2019
For the coming year, the Central Bank expects a larger expansion of the credit balance to 6%. In the segment of individuals, the estimate of the credit stock is up by "7%, which" corresponds to the acceleration of household consumption ", according to the published inflation report 20. The forecast for corporations is 5%, "influenced, among other factors, by the continued fundraising process by capital and foreign capital companies, replacing the resources of the social network [Sistema Financeiro Nacional]. "
The loan portfolio is expected to increase by 10.5% and loans by the target segment by 1%.
[ad_2]Source link
