Unroll Brazil: when will my name be cleared? – 07/14/2023 – Market

Brazilians who had debts of up to R$ 100 with banks on December 31, 2022 will have the debt removed from the list of dirty names in the first stage of the Desenrola Brasil program, which will start operating this Monday (17). But the name will not be cleared immediately: banks will have until July 28 to remove the debt from the list of defaulters, according to the Ministry of Finance.

Those who have debts from sources other than banking, such as water and electricity debts, for example, will continue with the dirty name.

The forecast is that 1.5 million people will have a “clear name” so that they can, for example, negotiate other loans and sign rent contracts.

Exiting the list does not represent debt forgiveness. The person will have to look for the bank from Monday to request their adhesion to the program and renegotiate the debt for track 2 of Desenrola Brasil. For this, she needs to receive between R$ 2,640 (two minimum wages) and R$ 20,000 per month, according to Febraban (Brazilian Federation of Banks).

If the customer does not pay within the period negotiated with the bank, the name will be returned to the list of defaulters.

There is no limit on the amount to be traded, nor a maximum interest rate ceiling. Each bank will stipulate its rule and negotiate through its channels.

The five largest banks in the country (Banco do Brasil, Caixa, Bradesco, Itaú and Santander) announced their adhesion to the program. Besides them, Inter, Pan and C6 also informed that they will participate.

The government’s expectation is that 30 million people will be benefited in this first moment and that R$ 50 billion can be renegotiated. In December 2022, Brazil had 69.4 million people with a dirty name, according to data from Serasa Experian. The number grew and reached 71.9 million in May this year.

Adherence to track 1 of Desenrola should start in September. It is aimed at those who receive up to R$ 2,640 per month and entered the negative list as of January 1, 2019, remaining with active debt until December 31, 2022. The amount to be negotiated will have a limit of R$ 5,000.

What starts on July 17th?

Track 2 of Desenrola Brasil will begin with the negotiation of bank debts. Adhesion will be made directly with the bank, which will provide its own channels. The debtor will have a minimum period of 12 months to pay the debts contracted between January 1, 2019 and December 31, 2022.

I had a debt of up to R$ 100. I don’t need to pay anymore?

Anyone who has a bank debt of up to R$100 between 2019 and 2022 will have their name removed from the “dirty list” as soon as they join Desenrola Brasil. With this, you will be able to apply for loans again and have access to other services. However, if you have debts from other sources, other than banking, the name will remain dirty.

Denegativation also does not represent forgiveness. The debt will have to be paid according to the negotiation established with the bank. If the customer does not pay on time, the name will be returned to the list of defaulters.

What are the requirements to enter track 2?

According to Febraban, the debtor must receive between R$2,640 and R$20,000 per month and have entered the list of defaulters between 2019 and 2022. The debt cannot be related to rural credit, have a guarantee from the Union or public entity, have credit risk fully assumed by the financial agent, forecast public funds or interest rate equalization by the Federal Government

What is the deadline for entering track 2?

Between July 17, 2023 and December 30, 2023

What are the trading conditions?

Each bank will have its rule. There is no limit on the number of installments and interest rate. Some banks have already informed the channels they must provide to their customers

Bank of Brazil: negotiation will be done through the bank application, by WhatsApp sending #renegocie to the number (61) 4004-0001, through the relationship center on telephones 4004-0001 (capitals) or 0800-729-0001 (other regions), through bank branches or via internet banking at these links:

Bradesco: conditions will vary according to the debt profile. Negotiations will be made through the application, through Fone Fácil on telephones 4002-0022 (capitals and metropolitan regions) and 0800-570-0022 (other regions), through outsourced collection advisory services, through bank branches and through internet banking at the link:

Box: negotiation through the app, through the Caixa website, over the phone 0800-104-0104, through bank and lottery agencies

Inter: the customer will have access to discounts of up to 90% and will be able to pay the debt in 36 installments. The negotiation will be through the bank’s application, through the relationship center on the telephones 3003-4070 (capitals and metropolitan regions) or 0800-940-0007 (other regions) and through internet banking at the link:

Itaú: Negotiation by WhatsApp on the phone (11) 4004-1144 and by internet banking at the link:

PagBank: Negotiation will be carried out by the call center and Clean Name Serasa

Pan: negotiation will be through internet banking at the link: https://renegocie.bancopan.com.br/.

What are the debts negotiated from Monday?

Only bankers. Debts with credit societies, cooperatives, stores, public services or individuals are part of track 1 of Desenrola Brasil, which should start in September

How do I do it if the bank where I have an account has not joined Desenrola Brasil?

Febraban recommends that the person look for the financial institution for renegotiation or carry out the portability of the debt to another bank

What are the next steps?

In August, an auction will be held by credit category (for example: bank debts, basic service debts and company debts). The winner will be the creditor that offers the highest discount for the debt to be renegotiated. As of September, the debt will be renegotiated between the debtor and the bank chosen by the defaulting person.

When does Desenrola track 1 start?

The government forecasts that accession will begin in September. 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.

Track 1 will be restricted to those who earn up to two minimum wages (R$ 2,640) or who are enrolled in the CadÚnico (Unique Registry for Social Programs of the federal government)

Payment can be made in cash or in installments over 60 months, the amount of which must exceed 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 track 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.

The platform will have a list of debts that will be negotiated, the discount given by the creditor and the status of each debt. The Ministry of Finance reported that there will be assistance via chat and WhatsApp so that participants can clear their doubts. According to the folder, the platform will have “the necessary security precautions for a program of this scale” to prevent fraud.

The operating entity will still be responsible for determining how the discount auction will go. Debts will be divided into categories such as credit card, retailers, electricity and sanitation. Lenders offering the highest discounts will be the winners and will be available on the platform for renegotiation. The categories and rules of the auction will still be published in another announcement by the ministry.