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Home Foreign Affairs

Think your credit card rate is high? Some in Brazil pay 455 percent.

by Admin
December 24, 2023
in Foreign Affairs
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December 24, 202310:00 am
Author: Elizabeth Dwoskin, Gabriela Sa Pessoa

A new crop of Silicon Valley-backed digital banks has promised financial inclusion for Brazil’s poor. The effort has left some borrowers worse off than before.

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