Workers will be able to exchange the debt of payroll loans Bank from this Friday (6). Employees may transfer debt from one institution to another, provided they are qualified in the program Worker credit.
Interested parties should seek banks to carry out the payroll loan. In other words, the exchange cannot be done by the digital work card.
The step by step for simulation and hiring should vary from bank to bank. These processes, as a rule, can be performed on applications, digital channels, self -service terminals and bank branches.
Launched in March, workers’ credit allows workers to hire loans with a direct discount on the payroll and use 10% of the Service Time Guarantee Fund (FGTS) and 100% of the termination fine in case of dismissal.
The credit modality covers employees of the private initiative with a formal contract, including housekeepers, rural workers and hired by individual microentrepreneurs (MEIs).
Since May 16 ,.
The number is above the limit of 35% of the salary defined by the federal government.
How to evaluate if the interest rate and the total cost of the loan are advantageous?
In addition to hiring the CLT payroll loan, the worker must analyze his budget, identify priorities and assess whether credit is the best option in the family’s financial health ,.
Search: Compare interest rates and conditions offered by different financial institutions.
- CET: Analyze the total effective cost (CET) of the loan, which includes all fees, tariffs, insurance and other expenses involved in the operation. CET represents the real cost of the loan and allows you to compare different options more accurately.
- Simulate: Use payroll loan simulators to calculate the value of the installments and the impact on your budget.
- To analyze: Make sure the installment amount is up to your budget and if you will be able to pay them without compromising your finances.
- Negotiate: Try to negotiate the interest rate and loan conditions with the financial institution.
Who can apply for the new CLT loan?
Workers with a formal contract, including rural and domestic workers, as well as individual microentrepreneurs (MEIs), will have access to the credit line. The worker will have a consignable margin of up to 35% of the salary.
- Access the Digital Work Card app (CTPS Digital);
- Request the credit proposal;
- Authorize banks to have access to the data;
- Proposals will be sent up to 24h;
- Analyze the best offer;
- Hiring through the bank.
How will payments be made?
Monthly, the installments will be discounted on the worker’s payroll through eSocial. After hiring, the worker may follow, month to month, the payment updates.
What if there is resignation?
In case of dismissal, the amount due will be discounted from the severance pay, observing the legal limit of 10% of the balance of the Service Time Guarantee Fund (FGTS) and 100% of the termination fine.
