✉news BusinessBanking first seen 4 d ago, last 3 d ago, peak #1
Brazil central bank to crack down on irresponsible consumer lending
Original: Brazil central bank looks to encourage responsible lending in consumer debt crackdown, sources say
Brazil's central bank is preparing measures to promote responsible lending as part of a crackdown on rising consumer debt, according to sources cited by Reuters. The move, picked up by multiple US outlets, is expected to push banks to lend more carefully to households. Brazil has been grappling with high household indebtedness, making regulators' response to consumer credit practices a growing topic of interest.
Why now: Fresh reporting that Brazil's regulator is moving to rein in consumer lending practices amid concerns over household debt.
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Evidence
- Brazil central bank looks to encourage responsible lending in consumer debt crackdown, sources say · Reuters
- Brazil central bank looks to encourage responsible lending in consumer debt crackdown, sources say · Tacoma News Tribune
- Brazil central bank looks to encourage responsible lending in consumer debt crackdown, sources say · The Mighty 790 KFGO
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