Some recent measures can make life easier for those who are losing sleep over debt. The New Over-indebtedness Law was recently launched with new rules for credit negotiation and recovery, to help consumers and consumers pay off debts. Sarasa’s “Limpa Nome” campaign allows debt negotiations with discounts of up to 99%.
Por Me Poupe!
Pay attention, Padawan from Finance, that today’s conversation is not new, but it is serious and snowballed: if you’re not careful, it gets bigger! So, answer honestly: do you have debt? How many are the credit card bills and the bills for water, electricity, telephone, rent, and condominium? And what overdraft do you use? Do you have any loans or financing with late payments? If you have any of these accounts open or if you are the type to say: “I owe it, I don’t deny it! I’ll pay when I can”, sit here and let me tell you something new, that light at the end of the tunnel, which can make you abandon your debt situation right now!
A law has just come into force that will help people with debt settle their outstanding bills once and for all – and with “eating” interest. Called the Super-indebtedness Law, the measure updates the Consumer Defense Code with new rules for negotiation and credit recovery, to help consumers and consumers pay their debts. Another initiative is Sarasa’s “Limpa Nome” campaign, which encourages Brazilians and Brazilians in debt to renegotiate and pay off their debts for up to R$100.
You are not alone
To show that those with a dirty name in the square are not alone – in addition to motivating them to take advantage of the opportunity – some data show the size of the problem in the country. According to Idec (Brazilian Consumer Protection Institute), more than 60 million Brazilians have debts to pay, and half of these people are over-indebted – that is: they cannot pay all their consumer debts without compromising their existential minimum. The monthly survey by the National Confederation of Commerce of Goods, Services, and Tourism (CNC) shows that the number of indebted families in Brazil reached 69.7% in June (the highest percentage since 2010). So, did you identify yourself? If you or someone you know has identified yourself, I’ll list here the news that these measures bring and that can be done to resolve this issue!
Negotiations with fairer conditions for those who take out credit
Those who are totally unable to pay loans (due to unemployment, illness, or other reasons that impact the budget), have better negotiation conditions. Often, when trying to pay the overdue installments, some people end up acquiring new debts. Another security news is that those “without consulting the SPC” loan advertisements are now prohibited. UFA!
Consumers and consumers are entitled to a type of judicial recovery to renegotiate debts with all creditors at the same time. In this way, fairer agreements can be made, and the over-indebted person can ask the judiciary to institute a process to review the contracts and create a payment plan with a maximum term of five years.
Minimum income guarantee to survive
The idea is to respect the minimum income a person needs to pay their basic expenses. That is, this amount cannot be used to pay off debts, precisely to prevent her from acquiring new debts to pay bills such as water, electricity, or telephone.
Banks, lenders, and institutions that sell in installments are prohibited from hiding the real risks of taking out a loan. Now they are required to report the total costs of the contracted credit: data such as interest, fees, fees, and late charges must be informed in advance. So, if you are going to take out a loan, demand a copy of the contract with this information so that, in the future, you can claim your rights.
End customer harassment and pressure
Any type of harassment or pressure to seduce customers becomes illegal, especially elderly, illiterate, or vulnerable people. Anyone who feels pressured during the hiring process can say no and must report it to the bank (with a manager or at the institution’s own ombudsman) or, if not resolved, at the Central Bank.
Central Bank and Procon and Public Defender units across the country will undergo training to regulate the new rules and provide the correct reception for those who need to resort to the new law.
The new Super-indebtedness Law encourages financial education and provides measures for people to be better informed and understand exactly the pros and cons when taking out a loan. Oh yes! It is past time for legal instruments to combat over-indebtedness! This way, instead of ending nightmares about debt, there will be money left over for you to invest and give life to your dreams.
How to trigger the Super-indebtedness Law?
Over-indebted persons must seek the courts of justice in their States, which must refer them to the center for conciliation and mediation of conflicts arising from over-indebtedness. Currently, the courts of justice in Bahia, the Federal District, Paraná, Pernambuco, Rio de Janeiro, and São Paulo already offer the service. At that time, the person must inform their debts and conditions of survival, specifying amounts and to whom they owe.
Sarasa’s “Clean Name” Campaign
According to Serasa, the average amount of debts per indebted person is the highest in the last 12 months, reaching R$3,937.38. To offer more than R$ 12 billion in discounts on more than 14 million debts, Serasa started the “Limpa Nome” campaign. People who have any type of debt can renegotiate it with discounts of up to 99% (up to R$ 100) while the campaign lasts, during July, which is expected to be extended. In total, 24 companies from different sectors participate in the partnership with Serasa.
The negotiation is carried out through the Serasa Limpa Nome platform and the agreements are closed in less than 3 minutes. Queries can be made on the campaign’s website, on the Serasa app, on WhatsApp (11 99575-2096), and 0800 591 1222 (toll-free). In other words: there is no difficulty! In an uncomplicated way, when entering the platform, all the consumer’s financial information already appears on the screen, including the debts they have. To know the conditions offered for payment, just click on one of them and see the options to renegotiate each debt.
Run out of debt!
So, my ward and my ward, don’t let debts plague your life any longer. If you want to know more about how to get away from them (and prevent new ones from appearing), here I also bring some practical tips. What’s not possible is to keep losing money, isn’t it?
Want to get inspired? Discover the history of Bruna Andriotto!
Here in this video, you can follow the saga of Bruna Andriotto, who Nath Arcuri met on Reality Me Poupe!, on the YouTube channel, and who was deeply in debt, poor thing. Bruna’s accounts totaled almost R$ 70 thousand reais and, worst of all: she didn’t know that the total amount was that! Since she participated in the reality show, she has been making extra income, gradually paying part of her debts and becoming an influencer of Me Poupe!, giving tips on how to make extra income. Finally, after more than a year, Bruna tells Nath if she paid off her debts, what she did during this process and what she learned from it.