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The Nexus
BUSINESSJul 20 · 11:35 UTCTHE RIO TIMESAndrés Morales

Brazil’s New Payroll-Loan Boom Tops R$100 Billion as Household Debt Stays High

Brazil's new payroll-loan program has surpassed R$101 billion (US$20 billion) across 17 million contracts involving 8.5 million workers, despite household debt remaining high.

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