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Defaulters gather to renegotiate debt at the Serasa sale in Sao Paulo, Brazi

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This footage was filmed and produced 7 March 2023.

Movement of people at the SERASA Clean Name Fair at Largo do Batata in Sao Paulo. Defaulters can renegotiate their debts in person until this Saturday. The service operates from 8am to 6pm, and discounts range up to 99% of the debt amount.

The State of São Paulo concentrates the largest absolute number of defaulters in the country, according to the company: 16.3 million people in January of this year, 1.3 million more than in the same month of 2018. 45% of the population is in debt.

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