Titled ‘Worker Credit’, Program promises to facilitate and cheapen the interest of the service to more than 47 million workers registered with a formal contract
The Minister of Labor and Employment, presented last Friday (21) the which will be available in the digital work card. This program aims to facilitate access to payroll loans, offering more advantageous conditions for more than 47 million workers with a formal contract. The initiative seeks to reduce interest and democratize access to financing.
“At the beginning of the government, the president said that it is necessary to democratize access to credit, reach all workers. This modality [agora] It is for you, who is a domestic worker, wage earner with a formal contract. All workers who have a formal contract, the rural wage earner, even if it is an individual. And the MEI wage earner, ”said the minister in an interview with the program A Voz do Brasil, produced by EBC.
Marinho stressed the need for caution in considering hiring loans. He advised workers to analyze different proposals before making a decision, emphasizing that the ideal is to resort to credit only in situations of real need. This guidance aims to protect workers from excessive financial commitments.
To date, the program has registered more than 15 million loan simulations, with 1.5 million orders actually sent to banks. Of these, approximately 1,400 contracts were finalized. The provisional measure establishing the program covers not only employees of private initiative, but also rural and domestic workers.
One of the program’s innovations is the possibility for workers to use eSocial data to obtain payroll discount credit. With this, more than 80 financial institutions will have access to the workers’ profile, facilitating the analysis and granting of credit.
The Brazilian Federation of Banks (Febraban) projects significant growth in private payroll loans, which can exceed R $ 39.7 billion in 2024 to more than R $ 120 billion in 2025. Marinho also warned that if abuse in interest rates are identified, the government may implement measures to establish a limit, ensuring workers protection.
Established by provisional measure on the 12th, the Worker Credit Program in the Digital Work Card includes private sector workers with formal registration, also encompassing domestic employees, rural workers and those hired by individual micro -entrepreneurs (MEIs).
*Report produced with the aid of AI
Posted by Victor Oliveira
