Dossier
Crefisa
Coverage of Crefisa in the Nexus archive.
- Brazil Targets Lenders Charging Up to 957% a Year
Brazil’s consumer watchdog, Senacon, is investigating three lenders—Valor S/A, Cobuccio, and Crefisa—for charging annual interest rates as high as 957%. A 1,000-real debt at 20% monthly interest could balloon to over 9,500 reais in a short period.