Desrolla removes more than 1.2 million from the list of dirty names – 07/21/2023 – Market

More than 1.2 million Brazilians have had their names cleared by the banks since the beginning of the Desenrola Brasil program, according to a survey carried out by the Sheet with 15 financial institutions.

On the morning of this Friday (21), President Luiz Inácio Lula da Silva (PT) published that 2 million Brazilians left the dirty list, but the ANBC (National Association of Credit Bureaus), responsible for disclosing the data to the Ministry of Finance, reported that the value does not represent the number of Brazilians who had their names cleared, but the total number of requests made to de-negativate.

This is a different count, since the same person can have his name in several credit bureaus. The association says it does not have this individual control.

According to the report’s survey of 15 banks, the total number of Brazilians who left the dirty list reaches 1.2 million. Bradesco cleared the names of 580 thousand Brazilians until last Thursday (20). C6, on the other hand, removed 456 thousand CPFs from the list, while Caixa de-negativated 225 thousand customers since the beginning of the program, on Monday (17).

Banco do Brasil, Itaú, Santander, Inter, Banrisul, Nubank, PagBank and Sicoob (System of Credit Cooperatives in Brazil) reported that they still do not have a balance sheet. BMG said it will not respond, and Daycoval and Pan banks did not respond as of the publication of the report.

Clearing the names of those who owed up to R$100 on December 31, 2022, having entered the list from 2019 onwards, was a counterpart required by the government for banks to join phase 2 of Desenrola Brasil. The stage negotiates debts between financial institutions and clients who receive between two minimum wages (R$ 2,640) and R$ 20,000 per month.

Lula speaks of two million off the blacklist; association does not confirm

This Friday morning, President Luiz Inácio Lula da Silva (PT) posted on social networks that Brazil already had more than two million Brazilians with a clean name.

“In just three days, more than 2 million people have been cleared through the Desenrola Brasil program. This is what we are working for: a clean name in the market so that Brazilian men and women can regain credit”, said the president.

The Ministry of Finance confirmed the number, but said that it was passed on by the ANBC, which brings together companies such as Boa Vista SCPC, SPC Brasil and Serasa Experian, which carry out surveys of indebted people.

Sought after, the association said that the number disclosed by Lula does not represent the total number of Brazilians who had their names cleared, but the requests that were made for the write-off of negative notes in the institutions that the ANBC represents.

“A debt can have more than one note, as the creditor can register the same debt in different bureaus, for example. In the same way, a consumer can have more than one note referring to the same debt”, informed the ANBC.

“Between the 17th and 19th of July, the credit bureaus represented by the ANBC that participate in the program recorded a write-off of 2,064,700 negative notes of up to R$100.

Negotiations increase in banks

Of the banks that released balance sheets since Monday, Bradesco reported that it had written off 621,000 debts of up to R$100, which resulted in the cleaning of 580,000 names that were dirty.

Itaú closed more than 228,000 renegotiation agreements this week, a 65% increase over the last three months. However, the institution did not disclose the number of people who had their names cleared.

Inter, on the other hand, said it had a 20% increase in debt renegotiations compared to previous months.

At this stage of the federal program, renegotiation is only allowed for those who entered the negative list as of January 1, 2019 and remained on it until December 31, 2022. The person will have a minimum period of 12 months to pay the debt, which can be paid in installments and have an interest rate to be defined by each bank.

The agreement is restricted to bank debts, with debts from other origins such as water, electricity and other services being negotiated.

Click here to see the negotiation channels and conditions of the main banks in the country.

On Monday, the Minister of Finance, Fernando Haddad, stated that up to 2.5 million people could be removed from the dirty list, if all banks entered the program. Removing the name will allow the person to obtain other lines of credit or sign a lease, for example.

Denegativation does not represent debt forgiveness, which will have to be paid. The customer who delays the payment will be charged and may return to the list of defaulters. Phase 2 agreements must be made by December 30, 2023, according to Febraban.

The government’s expectation is that 30 million people will be benefited in this first moment and that R$ 50 billion can be renegotiated. At the end of December 2022, Brazil had 69.4 million people with a dirty name, according to data from Serasa Experian. The number grew and reached 71.45 million in June this year.

Track 1 starts in September

Adherence to track 1 of Desenrola should start in September. It is aimed at those who receive up to R$ 2,640 per month or are enrolled in the CadÚnico (Single Registry for Social Programs of the federal government), and entered the negative list from January 1, 2019, remaining with active debt until December 31, 2022.

Tier 1 will allow you to renegotiate up to R$ 5,000 in any type of debt, as long as it is not rural credit, real estate financing, operation with funding or third-party risk, and debt with real guarantee.

Payment can be made in cash or in installments over 60 months, the amount of which must be greater than R$50, with an interest rate of a maximum of 1.99% per month. According to the Ministry of Finance, the index can be reduced by banks or other financial institutions. The discharge of the amount will be made by Pix, boleto or debit. The grace period will be from 30 to 59 days.

The contracting of the renegotiation will only be done through a digital platform, which will still be created by an operating entity to be announced by the FGO (Fundo Garantidor de Operações), the guarantor of the agreements made in band 1. The debtor will need to have a silver or gold level account on the gov.br portal to join the program. Click here to find out how to get this account.