According to research by the National Commerce Confederation (CNC), 78.1% of Acre families were in debt in January and 24.5% ended January with late bills. Of this total, 11.5% will not be able to pay their bills at the beginning of 2024.
Paraná was the state with the highest level of debt. In January, 17 Federative Units presented a percentage above the national result. In relation to default, Rio Grande do Norte was the state that had the highest level of families with overdue bills. While Rio de Janeiro was the state that had the highest level of families unable to pay late debts.
The National Survey of Consumer Debt and Default (Peic) has been calculated monthly by the CNC since January 2010. The reduction in the Selic also had an impact on default indicators. The percentage of families with outstanding debts reduced for the fourth consecutive month and reached 28.3%, the lowest level since March 2022. The downward trend in defaults is also seen by the reduction in the percentage of families that will not be able to pay debts , which is the most complex group of defaulters, showing a persistent drop in the last three months.
January was a month of increased indebtedness among the population, as indicated by the Consumer Debt and Default Survey (Peic), carried out monthly by the National Confederation of Commerce in Goods, Services and Tourism (CNC). The percentage of families that reported having debts due was 78.1% in January, an increase of 0.5 percentage points (pp) compared to December and 0.1% compared to January last year. However, the rate decreased among middle class families that earn between 5 and 10 minimum wages, reaching 76.4% of these consumers. In this case, there was a drop of 1.9 pp compared to December and 0.8 pp compared to January 2023.
Defaults fell 0.5 pp in January, in the monthly comparison, and 1.6 pp in relation to January 2023. The percentage of families with outstanding debts closed the month at 28.3%, the lowest level since March 2023. 2022. Among defaulters, the CNC also monitors those who claim they are unable to pay their debts, reaching 12% of families in January.
Data is collected in all state capitals and the Federal District, with approximately 18 thousand consumers.
Important indicators of debt and default are determined, which make it possible to draw up a debt profile, monitor the consumer’s level of commitment to debt and their perception of their ability to pay.
With the increasing importance of credit in the Brazilian economy, especially consumer credit, monitoring these indicators is essential to analyze future consumption capacity. Peic’s main indicators are: Percentage of indebted families – consumers who declare that they have family debt in the main types; Main types of debt – including credit cards, special checks, post-dated checks, payroll loans, personal loans, installment plans, car financing, home financing and other debts; level of indebtedness – between a lot, more or less or little indebtedness; debt commitment time – up to three months, from three to six months, from six months to one year and greater than one year; Percentage of families with overdue bills/debts – consumers with overdue bills or debts in the month; Percentage that will not be able to pay debts – percentage of those who say that they will not be able to pay outstanding bills and debts next month and, therefore, will remain in default; delay in payment – up to 30 days, from 30 to 90 days and more than 90 days.