Luis Inacio Lula da Silva: Household debt grew for years and now is suffocating a part of Brazilian society.
Luis Inacio Lula da Silva: Therefore, next Monday we will launch the new Desenrola Brasil, a set of measures to help resolve the financial lives of indebted families.
Workers — women and men — will be able to negotiate debts from credit cards, overdrafts, revolving credit, personal loans and even FIEF.
Luis Inacio Lula da Silva: Indebted Brazilians will have lower interest rates of at most R$ 1.99 and discounts of 30% to 90% on the amount of the debt.
Luis Inacio Lula da Silva: Thus, you will have a much smaller installment and more time to pay your debt.