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A report by BTG Pactual indicates that Brazilian President Lula da Silva's consumer debt renegotiation program did not expand credit for beneficiaries, contributing to its failure to boost his popularity ahead of the upcoming elections, as it resulted in financial adjustments among households without generating new credit access. #Brazil #ConsumerDebt #EconomicPolicy #BR #BRASIL #PT #BRL

A BBC article highlights the disturbing realities of illegal money lending in England, revealing that victims often face crippling debt, intimidation, and threats from loan sharks, with the Illegal Money Lending Team (IMLT) struggling to combat this issue due to the fear of reprisals that prevents victims from coming forward. #LoanSharks #DebtMutualAid #FinancialExploitation #GB #ENG #WLS #YKS #BIR #BRL #WYK