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In credit card revolving debt, the highest rates come from store cards
In Brazil's credit card revolving debt, the highest rates come from store cards.
Pefisa, the finance arm of Pernambucanas, charges 25% a month, or 1,354% a year, the highest among 62 lenders. Riachuelo and Renner are also in the top ten, at about 20% a month. For comparison, the median is 16.1% and Caixa charges 12.1%.
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Taxa média da semana, informada ao Banco Central. Pernambucanas, Riachuelo e Renner pelas financeiras Pefisa, Midway e Realize | Elaboração W Fintechs
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