Attention retards! Final hours to settle debts and get out of the red zone

If you took out a loan, signed up for your credit card or loan installments, Friday, the 31st, is the deadline to renegotiate your debt! This is because the date marks the end of an active debt negotiation campaign across the country.

Read more: Pay off your debts: Banco do Brasil’s renegotiation campaign offers discounts of up to 95%

Through this procedure, it is possible to access lower interest rates, extended terms, as well as changes in payment terms or moving to cheaper credit modalities.

How it works

It is up to each financial institution to determine the rules for debt renegotiation, therefore, the terms differ from case to case. However, debtors can open negotiations directly on the consumer.gov.br portal. There, the consumer must inform the debt he intends to pay and then request negotiation terms. If the proposal is good, just sign the contract or submit counter-proposals to reach an agreement.

However, it should be noted that this task force does not target highly indebted persons, that is, people who are unable to pay off their debts without compromising the livelihood of their families. For these cases, the ideal situation is to search for the nearest Procon.

inquiry

Through the central bank registration platform, consumers can also consult their loans and financing individually. You can still access information about account verification, investments, and Pix keys.

Motirao is a joint business of many entities. Briefly, among them are the Brazilian Federation of Banks (FIBRABAN), the Central Bank, Procon and the National Consumer Secretariat. At the last meeting held alone, in November of last year, more than 2.3 million debts were renegotiated.