Acre sees second-highest credit demand growth in Brazil

Acre has recorded the second-highest increase in credit demand in Brazil, according to data from Serasa Experian. Over the 12 months leading up to July, credit searches in the state rose by 26.5%, trailing only Mato Grosso, which saw a 36.7% increase. Amapá ranked third with a 25.6% rise.

This trend reflects a national pattern driven largely by lower-income households. Nationally, credit demand grew by 17.1% over the same period, with significant surges among consumers earning between one and two minimum wages (+38.8%) and those earning up to one minimum wage (+16.7%). While demand for lower-interest credit is slowing, there is continued reliance on high-interest emergency lines, such as revolving credit cards.

In Acre, debt levels remain high. Data from the Federation of Commerce of Goods, Services and Tourism of the State of Acre (Fecomércio-AC) shows that 109,826 families were in debt as of August, representing 82.8% of the state's families. Credit cards, installment plans, and personal loans are cited as the primary drivers of this indebtedness, particularly among families earning up to five minimum wages.