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Brazil credit markets grow as consumers seek alternatives to high interest rates
Brazil's credit markets are showing significant shifts as consumers seek alternatives to high-interest loans. The consortium system saw a 24.2% increase in commercialized credits between January and August 2026, totaling R$ 389.59 billion. This growth, driven by the high Selic rate of 13.75%, has led to a 15.1% rise in quota sales. Industry experts note that this expansion highlights a shortage of qualified consultants capable of providing strategic financial guidance.
Simultaneously, the real estate sector grew by 5.4% in the first half of 2026, with 226,536 new residential units sold. This resilience is attributed to a diversification of credit sources, including the FGTS and the Brazilian Savings and Loan System (SBPE). While SBPE financing grew by 12% to R$ 67.2 billion, FGTS credit saw a 22% increase. Despite high interest rates, total real estate credit reached R$ 180.9 billion, a 23% increase compared to the previous year.
Entities
Associação Brasileira das Entidades de Crédito Imobiliário e Poupança · Associação Brasileira de Administradoras de Consórcios · Brazil · Luiz Antonio Weber · Murilo Arjona · Oficial Corretora
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The consortium system totaled R$ 389.59 billion in commercialized credits from January to August 2026. valor.globo.com · portal.comunique-se.com.br · oglobo.globo.com
- [● 3 SOURCES] The growth in consortium demand is linked to high credit costs and elevated interest rates. valor.globo.com · portal.comunique-se.com.br · oglobo.globo.com
- [● 3 SOURCES] There is a shortage of prepared professionals to guide clients before contract signing. valor.globo.com · portal.comunique-se.com.br · oglobo.globo.com
- [● 3 SOURCES] The total number of active participants reached 13.55 million in August. valor.globo.com · portal.comunique-se.com.br · oglobo.globo.com
- [● 3 SOURCES] Commercialized credit volume increased 24.2% compared to the same period in 2025. valor.globo.com · portal.comunique-se.com.br · oglobo.globo.com
- [● 3 SOURCES] 3.82 million quotas were sold, representing a 15.1% increase. valor.globo.com · portal.comunique-se.com.br · oglobo.globo.com