Worker Credit: Banks start loan exchange with low interest rates | The economy

The new phase of this program came into force on Friday (25) Workers’ credit. Now, workers with payroll loans or Direct Consumer Credit (CDC) can change their debts to the programNew operation offers low interest rates. The exchange is available on digital channels of 70 qualified financial institutions, like websites and bank apps.

According to the Ministry of Labor and Employment (MTE), migration should be done directly with the financial institution hired by the loan. The Digital Work Card has not yet integrated this activity. Interest reduction is mandatory as provided in the temporary measure of the 120 -day period, until July 21st.

Exchange is done by hiring a new loan displayed by the credit of the previous loan. If there is a freight margin, the worker can take a new credit. It is also possible to transfer the loan to another bank with better conditions through portability, which will begin in early May.

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According to Minister Louiz Marinho, the measure is aimed at reducing the version of the measurement and relieving the budget of the worker. DataPreve is responsible for maintaining the processes of financial institutions, including digitally manufactured. MTE monitored the interest rates and the Born profile.

This initiative applies to payroll loans and CDCs, but the worker can also take credit card or credit to pay credit, if they are in normal condition. In the case of disadvantage, it is necessary to re -negotiate the debt before the appointment.

At 5 pm last Thursday (24), the program has already released R 8.2 billion in private payroll loans that have already signed over 1.5 million agreements. The average value to the contract is R $ 5,491.66, the payment of approximately 16 installments.

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