CLT Consigned Loans Lend R$ 117 Billion in a Year, but Interest Rates Are Still a Challenge
CLT consigned loans have facilitated R$ 117 billion in lending over the past year, yet high-interest rates remain a significant issue.
In the past year, CLT consigned loans, initiated by the Lula government in 2025 to improve access to banking credit for workers, have garnered immense participation, reaching R$ 117 billion in loans with over 20.9 million contracts signed. This new loan framework aims to replace the previous private consigned loan system and has already extended its reach to approximately 9.47 million workers since its inception. Between January of this year and early this month alone, R$ 26.3 billion has been released, while the total amount for 2025 has reached R$ 94.2 billion, highlighting a strong demand for these financial products.