With the new form of payroll credit created by the federal government, aimed at private initiative workers with a formal contract, consumer protection entities warn of the care to be taken before hiring the loan.
Credit will be guaranteed resources from the FGTS Guarantee Fund (FGTS) with some rules that must be observed with great caution by consumers. One is the commitment of up to 35% of the salary to pay the installments and the credit guarantee up to 10% of the FGTS or 100% of the termination fine if the worker is dismissed without cause.
“This retention of part of FGTS as a guarantee for a cheaper loan should be quite planned by the consumer so that it does not become a difficulty, since for private initiative workers FGTS represents a strategic financial reserve,” warns Procon Executive Director Luiz Orsatti Filho.
For him, the interested party must understand the rules very well and evaluate the real need for the loan, analyzing whether hiring will not compromise the budget and generate a indebtedness situation.
Interest rate
Procon-SP also warns that the maximum interest rate should include all operation costs. “No other charge is allowed as a tariff, under any justification. It is prohibited to stipulate grace period for the start of payment of installments. Upon receiving the loan, the beneficiary will not be able to start paying months later,” explains Procon-SP.
Prior to the signing of the contract, it is necessary to be aware of the total amount contracted with and without interest, the monthly and annual interest rate, the amount and periodicity of the benefits, the date of the beginning and end of discounts and the total effective cost. All this information must be provided by banks and financial.
The consumer should also remember that the loan portions will be discounted directly from the eSocial payroll, a public system that mandatoryly unifies labor, social security and tax information from employers and employees across the country.
The new mode of payroll loan cannot be hired by telephone, only by the official channels of the financial institutions, after a proposal received in the Digital Work Card application (CTPS Digital).
For consumer law lawyer Renata Abalem, the ideal is not to make debts, so it is best to analyze the need to contract the payroll.
“If it is to get this money, which is to buy a durable good. If the goal is to pay another debt, that this payment is well aligned so as not to be a higher loss, because a debt is a compulsory pact,” he concludes.
