Luis Inacio Lula da Silva: Household debt grew for years and is now suffocating a part of Brazilian society.
Luis Inacio Lula da Silva: That is why, next Monday, we will launch the new Desenrola Brasil, a set of measures to help resolve the financial lives of indebted families.
Female workers and male workers will be able to negotiate credit card debt, overdraft, revolving credit, personal loans and even FIEF debt.
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 debt amount.
Luis Inacio Lula da Silva: That way, you will have a much smaller installment and more time to pay your debt.