1,122,780 loan applications and 1,122,780 proposals made; customers complain about application instability
The program which offers payroll loan for signed wallet workers, launched on Friday (21.mar.2025), had 1,244 closed contracts out of a total of 1,122,780 proposals until 1:45 pm. The data is from Dataprev.
In all, 10,455,920 loan requests were simulated. The new line of credit can include up to 47 million workers, according to the federal government.
The new financial instrument includes employees of the private initiative with a formal contract, including domestic, rural and hired by MEI (individual microentrepreneurs).
The worker can use up to 10% of the balance of the FGTS (Service Time Guarantee Fund) and 100% of the termination fine in case of dismissal as warranty for lower rates. The payroll loans has automatically discounted payments from the payroll. This reduces the risk of default. The program sets 35% of the salary for loan benefits.
Some netizens reported difficulties in accessing the digital work card app and requesting the loan. Read the reaction of people in the X:
Understand
Through the CTPS Digital App (Digital Work Card), the worker has the option of requesting the credit proposal. To this end, following the rules of (General Data Protection Law), it authorizes financial institutions qualified by the Ministry of Labor to access data such as name, CPF, margin of salary available for consignment and business time.
- How long does it take to receive offers?
From the authorization to use the data, the worker receives the offers up to 24 hours, analyzes the best option and hiring the bank’s electronic channel.
- How will the installment discount be done?
The loan installments will be discounted on the worker leaf monthly, through eSocial, observing the consignable margin of 35% of the salary. After hiring, the worker follows month by month the payment updates. From April 25, the worker will also be able to hire the banks’ electronic channels.
The worker with a formal contract, including rural and domestic workers, as well as MEIs.
- Can I migrate if you already have a payroll?
Workers who already have leaf discount loans can migrate the existing contract to the new model from April 25 this year.
- In case of dismissal, how are the installments due?
In case of shutdown, the discount will be applied to the severance pay, observing the legal limit.
- What can be given as a loan payment guarantee?
The worker can use up to 10% of the balance in FGTS for guarantees and 100% of the termination fine in case of resignation.
- The process occurs only by the digital work card, or can the worker go directly to the bank?
Initially, only in CTPS Digital. From April 25, the worker may also start hiring the bank channels of the banks. By CTPS Digital, the worker has the possibility to receive proposals from all interested banks, which allows comparison and the most advantageous choice.
- Will banks have access to worker data?
Only the necessary data for institutions to make credit proposals: name, CPF, salary margin available for consignment and business time.
- The migration of the CDC (direct consumer credit) to the worker’s credit will be automatic?
The worker who has CDC should look for a qualified financial institution if he wants to migrate to the worker credit.
- After performing the worker’s credit, can the worker do portability to a bank with better conditions?
Yes. Portability will be available from June 2025.
