Revisão de Juros

 It is important that consumers write down the final amount they will pay on their financing. You need to be aware of the real situation you find yourself in. Often, because the contract has been concluded for a long time, the false impression is left that the value of the installments is low, but in fact, many irregular clauses may have been included in the contract and the final value may be absurd. .

First of all, it is essential to understand what abusive interest rates are. The moment the rate applied in a banking contract is higher than the average market rate calculated by the Central Bank at the time the contract was signed, it can already be declared abusive or not.

Due to abusive interest charges along with more elements, the default rate only increases. Research by Serasa Experian states that the number of defaulters even broke a record, reaching 61.8 million Brazilians with overdue debts. Being 40.3% of the population. It is the highest level recorded in history.

In addition, there are many other fees that in most cases are embedded in contracts, which may also be illegal as they are considered tying. Tied selling is the introduction of parallel services added to the essential service without the consumer's request.

When financing, when asking about these fees, the seller or lender says that without these fees they will not be able to finance. As if it were a “forced” sale. However, the Consumer Protection Code in its Article 39 is very emphatic regarding the prohibition of tying. The Central Bank in its resolution 2892/01 Article 17 even prohibits this practice. While such tariffs are irregularly incorporated into contracts, the outstanding balance can increase significantly, as these tariffs will also be financed. In other words, interest will be charged on the financed fees, making a big difference in the final value of the installments, increasing the consumer's cost and the banks' profits.

Furthermore, some research has already shown that bank interest has become the biggest expense for Brazilians. This way the expenses are higher even than with meals outside the home.

There are billions of reais spent on bank interest. Therefore, the most common types of contracts that include abusive interest are for vehicles, trucks, motorcycles, loans, agricultural machinery and credit cards.

All consumers have the right to request a review of the interest rates in their contracts. Each has its own average rate and specific procedures, making it necessary to evaluate each case in a unique and personalized way. For this reason, the company's help is essential.

 

Find out more and discover the options of companies that review abusive interest rates. CLICK HERE.