Crédito, endividamento e inadimplência no Brasil: uma análise para o período de 2013 a 2023

Abstract

This monograph aimed to analyze the evolution of credit, debt and default in Brazil between 2013 and 2023, and highlight the benefits of financial education. To achieve this objective, the methodology used was bibliographical research and secondary data obtained from the Consumer Debt and Default Survey (Peic). The literature review shows that there was an expansion of credit during this period, stimulating the consumption of Brazilian families. This increase in consumption resulted in excessive debt. The data showed that the level of family debt grew during this period, reaching a record percentage in 2022. The research also showed that the families most affected by default are those with lower incomes and those with a low educational level. Furthermore, data from the International Student Assessment Program (Pisa) showed that Brazil had the worst performance among the participating countries, in which 53% of Brazilian students were below the minimum level of financial knowledge. Financial education is the process of learning and developing skills to deal with money intelligently and responsibly and manage investments, loans and financing. Therefore, the lack of financial education in Brazil has a direct impact on the lack of control over the debts of Brazilian families. Therefore, financial education is an important tool for people to acquire financial skills and effectively manage their finances, resulting in a reduction in excessive debt and default.