The financial reality of para families is very tight. In a recent survey by Fecomércio/PA, the number of families indebted in the consumer Debt and Default Survey (PEIC) increased from 65.2% in March last year, 77.1% this year. The more concern is that 28.6% of these families are unable to pay their debts, which indicates an increase of over 25.9% in 2024.
The survey also believes that the credit card in Para is the main villain of financial. According to the survey, consumers refer to 83.7% of credit card installments in contraceptive debts. This reality card limit often reflects the confusing scene with available income, which leads to boundless use and loan accumulation.
Credit card and Finance effect
In an interview with The Liberal Group, Laisa Christina D Andrade, a financial adviser to Fesomerzio/PA, analyzed the reasons for the rise. She said the lack of control in credit card use was mainly due to the rise in debt. Lucy explained, “When using the card, many people have no definite idea of how much they commit to their monthly budget. The concept of the limit is ‘extra’ creates a difficult debt cycle.”
In addition, the expert warns the general confusion between the card limit and the actual payment capacity. “Credit card is not an extension of income. When the individual’s installments start excessively, the debt becomes invaluable, with the addition of interest and charges.”
What to do to sort the financial situation?
The financial situation of many families of Para is concerned, but there is still space for actions that prevent the film from getting worse. Lucia first recommends that people should discuss their debts as soon as possible. “The first phase of the compound is to stop the interest cycle. In installments, the negotiations can help reduce the impact of long -term debt,” the adviser explained.
It also indicated the integration of the debt, that is, that it should collect all pending issues in a single bank or financial institution. “This makes it easy to discuss the negotiations and simplify the control. In addition, it is important to investigate the interest rates charged to select the best payment option,” Losia advised.
The consequences of being overbearing over to the local economy
The high index of debt in the state may have significant consequences for the local economy. While not indebted, the negative factor – above all, requires many installment of purchases – high income weakness can damage the use of families. When more than 30% of income adheres to debt, the default increases, which prevents new purchases and reduces the circulation of money, usually weakening the economy.
In the case of Para, 29.9% of the monthly income of indebted families is committed to debt. In addition, the default rate is also anxiety, which reaches 28.6%. According to the survey, it is a average of 7 months to regulate their problems for indebted para families, which makes the financial plan.
Prevention: How to Avoid Future Debt in
For those who want to stay in the debt cycle again, Lucia represents some important financial control methods:
Purchase Plan: Before buying anything, it is important for families to plan and analyze whether this purchase really matches the monthly budget.
Debt Control: Recording total debts on credit card, understanding how much it represents on each installment budget, and assess the effectiveness of each new purchase.
Avoid the credit limit confusing with income: the credit card limit should not be seen as an income extension. It is essential to eat according to what you can pay to avoid surprises at the end of this month.
Choose for focus or short installments: Whenever possible, it is ideal to avoid long installments. A way to choose cash purchases or avoid loan accumulation in a single installment.
