FEATURE-A day with Brazil's ambitious but indebted shoppers

Newswire

By Asher Levine SAO PAULO, Feb 21 (Reuters) - As Fernanda Castro waits in line to pay for a new blender at a store in a Sao Paulo shantytown, the hairdresser recounts horror stories of friends who fell into debt and struggled to get out. "I don't want that to happen to me," she said. "I avoid using the credit card now. I'm afraid of it." After a spending spree in recent years, Brazilian consumers are acquiring more conservative habits. But in a ...

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