Brazil: Desenrola 3.0 to Buy Up US$29 Billion in Family Debt at Up to 90% Discount
17 Articles
17 Articles
The Brazilian government plans to redeem overdue debts of the population with a nominal value of up to $28 billion from banks, paying about $2.9 billion for them thanks to a discount of up to 90— 95%. After that, the debtors will clear the credit history, but the debts themselves will not be written off - they will have to be returned to the state in a much smaller amount and on more favorable terms
The federal government announced on Friday (25) a new round of the Development, program of renegotiation of debts of natural persons. The government estimates that the debts in these modalities amount to R$ 300 billion and intends to reach 50% of that value, or R$ 150 billion. The initiative previews the acquisition and restructuring of debts with delay of 2 to 4.5 years. The program will be turned to debts of credit card, in the modalities of p…
President Luiz Inácio Lula da Silva signed on Friday, 25, the interim measure that creates the third phase of Deserrola Brasil. Announced nine days from the first round of the presidential election, scheduled for 4 October, the initiative previews R $ 15 billion destined for the purchase of debts by the Union, with discounts of at least 90% to the debtors. The new modality can reach up to 15 million people. According to the government, up to R $…
Brasilia, Sep 25 (Prensa Latina) The Brazilian government today created a third phase of the Desenrola program, which will allow the Union to buy expired debts and offer discounts of at least 90 percent. The post Brazilian government expands program to renegotiate first appeared on News Prensa Latina.
New stage will be allocated to debts of up to R$ 10,000 with delay between two and four and a half years; credit card and personal loan are among the modalities
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