FGTS can be used as collateral for an informal loan

The Federal Government has announced that it must make available the resources of the FGTS for use as collateral in loans for informal workers. In short, the Ministry of Labor has designed a line of credit that will be run by Federal Savings BankPowered by Sebra. Below, check out the details.

You may also like:

40 million people are entitled to receive between R$500 to R$1,000 from FGTS

IR 2022: How is last year’s FGTS draw announced?

How to consult and withdraw FGTS amounts

FGTS can be used as collateral for an informal loan

In short, the project should set aside R$3 billion from FGTS to cover potential defaults by contractors, government interlocutors say. The action by the Ministry of Labor should support the release of R$12 billion to R$15 billion in credit.

a lend Guaranteed by the FGTS, it is part of a “goodwill package” from the federal government. Seeking the residents’ approval for Jair Bolsonaro’s state, the government has announced several facilities.

In addition, another novelty is the launch of a new round of FGTS raffles for more than 40 million workers. You can check the full release schedule by clicking here.

The informal person will receive the loan with an FGTS guarantee, and then receive a referral to Sebrae. There, you will get qualified and formalized as a Sole Proprietorship Entrepreneur (MEI).

Finally, the second funding will be issued only to those who have completed the Sebrae course. The rule aims to encourage small businesses and avoid defaults.

Anyway, do you want to stay informed of everything that is happening in the financial world?

So follow us YouTube channel And on our social networks, like FacebookAnd the TwitterAnd the Twitch And the Instagram. So, you will follow everything Banks Digital credit cardsAnd the loansAnd the financial technology and topics related to the world of finance.

Photo: Andrzej Rostek / Shutterstock.com