Debt and delinquency rates on the rise among Brazil’s middle class

According to a survey by the National Confederation of Trade of Goods, Services, and Tourism (CNC), middle-class families in Brazil witnessed a rise in debt and delinquency in May. The survey revealed that 79.6% of families earning between 3 and 5 minimum wages reported having debts, a rise from 78.7% in April. Delinquency rates also […]