Brazilian new middle class pay their bills and like to keep their names clean

Friday, August 17th 2012 - 17:34 UTC

Full article 6 comments

Brazil National Confederation of Store Managers, CNLD, and the Credit Protection Service, SPC, report that payment delinquency was down 5.6% in July. At the same time the two organizations revealed that over the last five years indebtedness in Brazil has risen 20% annually. Read full article

Comments

Disclaimer & comment rules

Britworker
“Brazilian new middle class pay their bills and like to keep their names clean”

And?
Aug 17th, 2012 - 08:00 pm - Link - Report abuse 0
-+
Alexei
Presumably this is unusual in South America? Certainly it's in stark contrast to one of their southern neighbours.
Aug 18th, 2012 - 07:38 am - Link - Report abuse 0
-+
DeMouraBR
it's a good economic sign. As you can lend money to those people without being too cautious.
Aug 18th, 2012 - 08:13 pm - Link - Report abuse 0
-+
JoseAngeldeMonterrey
Economic stability makes that possible. Nothing else.
Aug 19th, 2012 - 03:38 am - Link - Report abuse 0
-+
DeMouraBR
Of course, who said otherwise?
Aug 19th, 2012 - 04:40 pm - Link - Report abuse 0
-+
British_Kirchnerist
Development seems to be the best cure for corruption, who'da thunk it!
Aug 19th, 2012 - 05:58 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!