New payroll receives 29.3 million loan simulations in just two days

by Andrea
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‘Worker Credit’ Program implemented through a provisional measure signed by President Lula is directed to formal workers in the private sector and employees of individual microentrepreneurs

Adriana Toffetti/Act Press/Estadão Content
In addition to the simulations, 2,962,330 loan proposals were presented

In the first two days after the launch of the new workers’ credit program, the number of simulations of reached the impressive mark of 29.3 million. This information was released by the Ministry of Labor, which monitored the volume of simulations performed in the . The analysis period included from 6 am on Friday morning until 6 am the next day. In addition to the simulations, 2,962,330 loan proposals were presented, resulting in 6,683 contracts effectively closed in this short time interval.

The increase in demand for private payroll loans is remarkable, with the number of access to the application being 12 times higher than the average of the last three months. This credit line was implemented through a provisional measure signed by President Luiz Inacio Lula da Silva on April 12. The program is directed to formal workers in the private sector and employees of individual microentrepreneurs (MEI), allowing them to use the As part of the loan guarantee, which represents an innovation in access to credit for this portion of the population.

From April 25, all banks will be allowed to offer this credit through their digital platforms. Private payroll loans, which allows payroll discount, was released to signed portfolio workers, significantly expanding the credit options available to workers.

*With information from Valéria Luizette

*Report produced with the aid of AI

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