Serasa records a 22% rise in overdue debt negotiations in August

Serasa recorded a 22% increase in debt trading volume in August compared to July. About 1.8 million people signed agreements, especially debtors with incomes of up to R$ 2,000 and aged between 30 and 40 years.

Brazil has 67.6 million defaulters, according to Serasa data for the month of July, the highest in the historical series started in 2016, a problem that affects 41.8% of the country’s adult population. The average debt is R$4,253.

In renegotiations, among the segments with the most agreements are telecommunications (41%), securitization (24%), banks (15%) and retail (14%).

Regarding the profile of those who are closing the agreements, those indebted with an income of up to R$ 2 thousand represent 44% of the contracts, with the range of up to R$ 5 thousand in second place, with 26%.

In terms of age group, consumers between 30 and 40 years old lead, with 30%, while Generation Z, with young people up to 25 years old, adds up to 22%. In the gender category, women account for 54% of contracts against 46% of men.

In relation to the states, São Paulo appears with the largest volume of agreements, with 856,907, followed by Rio de Janeiro (307,345) and Minas Gerais (222,477).

According to Serasa, the growth of negotiations was observed after the launch of a campaign that allows installments in up to 24 installments, extended until next Tuesday (12). In this action, negotiations are open to 52.1 million Brazilians with overdue accounts.

“It is a challenging time for all Brazilians and, for those who do not have credit in the market, the situation gets worse. The installment plan and discount offers are created so that these humbler families can regain a minimum purchasing power”, said Alice Maciel, manager of Serasa.