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Mercado Pago, the fintech arm of MercadoLibre, is continuing to issue credit cards in Brazil even as concerns grow over rising consumer debt levels in the country. The expansion comes despite broader worries among regulators and analysts about household leverage in Latin America's largest economy. The strategy underscores the growth ambitions of Mercado Pago's consumer lending business, which has become a significant profit driver for MercadoLibre, even as it draws scrutiny over credit risk in a market with elevated debt-service burdens.