Revolving interest fell 26.8 points, to 415.3% a year, in January, the first month of debt ceiling

CNN Brasil

Revolving interest fell 26.8 points, to 415.3% a year, in January, the first month of debt ceiling

The total average interest charged by banks on revolving credit cards fell 26.8 percentage points from December to January, the Central Bank reported this Friday (8). The rate went from 442.1% to 415.3% per year. In the case of installments, interest increased from 196.9% to 187.8% per year between December and January. Considering the total interest on the credit card, which takes into account revolving and installment transactions, the rate we…