Analyzed statement

What Geraldo Alckmin said about limit renegotiation interest rates for workers to 1.99% per month

GA

Geraldo Alckmin

June 29, 2026

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About: limit renegotiation interest rates for workers to 1.99% per month

Geraldo Alckmin: First, the informal worker.

Geraldo Alckmin: So, it opens up for the informal worker who is in good standing — that is, who is up to date, at most up to 90 days past due — to be able to renegotiate their debt with an interest rate cap of 1.99% per month.

There are informal workers paying 5%, 6%, 7%, even 10% per month.

Geraldo Alckmin · 0:28

Geraldo Alckmin: So, the first measure is credit renegotiation, capping it at 1.99% per month for the informal worker.

Geraldo Alckmin: The other is for the formal worker.

Why it was classified this way · 75% confidence

Reports that many workers pay between 5% and 10% per month (contextualizes the problem).

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