Brazil Credit Climate: Serasa Experian Reports High Rise of Consumer Defaults in 2011

Posted by Joachim Bartels | Feb 26, 2012 | Uncategorized | 0 |

According to Serasa Experian Brazil reported the highest rise in consumer defaults in nine years in 2011. Consumer delinquencies rose 21.5 per cent during the year compared with 2010, the biggest increase since a 24.7 per cent jump in 2001. Source: Financial Times

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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