Don’t borrow money in Brazil Fifty percent interest on credit cards and other follies

Posted on April 27, 2011 • Filed under: Brazil, Business, Culture

It’s a dead-slow news day in Brazil, so it’s as good a time as any to revisit one of the weirder aspects of life here: the truly crazy rates consumers here pay when they borrow money. We’ve written about this before, but it’s something you almost have to see to believe. Read Article

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