Brazil’s government is studying new lending measures aimed at consumers outside the scope of the Desenrola debt renegotiation programme, Treasury Secretary Rogério Ceron told Valor, including support for borrowers who remain up to date with repayments despite high debt levels.
Ceron said the initiative is intended to avoid encouraging defaults. “That is important so as not to create an incentive for people to become delinquent,” he said.
Around BRL100bn ($20.3bn) in liabilities are eligible under Desenrola. Of the 20mn people who may qualify, roughly 11mn are in default with debts of up to BRL1,000.
Under the programme, a borrower with a six-month overdue debt of BRL1,000 could settle the amount for BRL150, payable in three installments of BRL52. “There is a huge concentration of small debts, which shows the relevance of the public policy,” Ceron said.
The Treasury secretary also defended the proposal to use unclaimed funds from the Receivables System to reinforce guarantees for renegotiated loans. “We are creating a healthier model that can help reduce banking spreads,” he said.
Ceron added the government is evaluating credit lines for ride-hailing drivers and sector-based financing linked to potential labour rule changes.
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