When credit card debt is not paid, contractual interest + default interest accumulates. Annual interest rate can be between 50-100%.
Minimum Payment
- 20-40% of the debt (determined by BRSA)
- If the minimum is not paid, the card will be closed for use
- It will be recorded in the registry
Interest Types
- Contractual interest: In the Contract specified
- Default interest:If the minimum is not paid, contractual + additional
- BRSA determines the upper limit
Structuring
- Restructuring contract with the bank
- Interest reduction
- Installment
- Payment plan
Bank Victimization
- Excessive interest applications
- Extra-contractual fees
- False record
- Error in enforcement proceedings
Supreme Court 13. HD and 19. HD
13. and 19. HD adopts that credit card interest rates should be in accordance with "reasonable and equitable" and that interest applications above the BRSA upper limit should be refunded. don't missConsolidation loan instead of multiple credit cards Objection when you detect high interest Consumer/bank lawyer is recommended.