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: 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.

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

Geraldo Alckmin · 0:48

Geraldo Alckmin: The interest can't exceed that.

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

Why it was classified this way · 85% confidence

Says that formal workers will also have an interest rate cap of 1.99%.

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