Analyzed statement

What Geraldo Alckmin said about allow the use of FGTS as collateral to renegotiate debts with reduced interest rates

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Geraldo Alckmin

June 29, 2026

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About: allow the use of FGTS as collateral to renegotiate debts with reduced interest rates

Geraldo Alckmin: The formally employed worker is also capped at 1.99% per month.

Geraldo Alckmin: The interest can't exceed that.

So, he can offer the FGTS as collateral — not withdraw the money, but use it as collateral to obtain those lower interest rates.

Geraldo Alckmin · 0:58

Geraldo Alckmin: 1.99% at most per month.

Geraldo Alckmin: And the third is the FIES.

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Why it was classified this way · 88% confidence

Explains that the FGTS can be used as collateral to obtain lower interest rates.

Excerpt from a public video, transcribed and classified by AI. See the Methodology