One year after the creation of the Worker’s Creditdata from Serasa Experian shows that the modality demonstrated strong expansion – new contracts jumped from around 11 thousand to more than 25 thousand -, but financial institutions started to operate with smaller contracts and shorter payment terms.
The average loan value fell 73%, from R$ 8,6 mil for R$ 2.3 thousand.
The average term of contracts has fallen 48% after the creation of the program, while the average number of financial institutions offering credit per company went from 4 to 21, indicating more competition and the dispersion of concessions between banks.
“Worker’s Credit led banks and companies to reorganize the concession logic in the face of a new operational profile of the market. The first year of the program showed that there was a repressed demand among , at the same time that it required financial institutions to adapt to offer credit in a broader and more competitive environment”, says Délber Lage, CEO of SalaryFits, a Serasa Experian company.
According to data from the Central Bank, the monthly volume released in private consignment increased from R$ 1.5 billion for almost R$ 11 billion after the implementation of the Worker’s Credit.
In the same period, the modality showed higher growth than that recorded in other lines of credit, driven by the expansion of access to payroll loans for CLT workers outside the traditional models of agreements between companies and financial institutions.
Committed income
The survey also shows that 78% of workers who hired the new payroll have more than 81% of their income committed to loan debts and other financial obligations.
Finally, the study also indicates that adherence to the new loan was more intense among profiles with a shorter history of access to credit.
According to Serasa’s analysis, 86% of loans were hired by workers positioned in the lowest credit score ranges, while 21% of borrowers had scores above 600.
Methodology
The Serasa Experian study analyzed 191,798 loan agreements consigned private sector linked to 88 companies. Operations carried out until April 2026, involving 61 financial institutions, were considered.
