Inadimplência bate recorde em maio, mês de lançamento do Desenrola 2.0; debt remains high

The total average default rate recorded by banks in credit operations rose to 4.7% in May this year, a historic record, reported this Wednesday (1st) the Central Bank (BC).
According to the monetary authority, there was an increase of 0.1 percentage point in relation to April, when it totaled 4.6% (revised data).
The value was also the highest since the beginning of the monetary authority's revised historical series, in March 2011.
The record was reached in the month of launch of "Novo Desenrola Brasil", also called Desenrola 2.0, the last debt renegotiation program launched by the government, which began precisely the month before last.
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The Central Bank's default indicator considers operations overdue for more than 90 days, both for individuals and companies.
In the case of individuals, default increased from 5.5% in April to 5.6% in May. It is the highest level in the historical series.
For companies, default rates remained stable at 3.1% in April, to 3.2% in May. It is the highest value since November 2017 (3.3%).
At the beginning of June, the government reported that Desenrola 2.0 had already renegotiated R$20 billion in bank debts.
Up until that moment, 1.4 million renegotiations had been carried out, with the average discount being 85% of the original value of the debt.
Illustrative photo of the moment of a purchase with a credit/debit card.
Disclosure/Secretariat of the Economy
Indebtedness on the rise
According to figures from the Central Bank, indebtedness indicators also continued at a high level in the month of April - the latest available in that indicator.
The percentage relationship between the balance of household debts and accumulated income in twelve months remained stable at 49.8%, the highest since January this year (49.9%).
Even so, this is a high level for the historical series, which began in March 2011 - whose average is 42%.
According to Serasa Experian - a credit analysis company that gathers financial data from consumers and companies - 82.8 million Brazilians were in debt in March, equivalent to 49% of the Brazilian population.
The company also reported that 47% of the debts, which totaled R$557.7 billion in March, are concentrated in financial institutions. In other words, these debts are the focus of Desenrola 2.0 - a government program launched this week.

Source: G1