Caixa suspense line of credit for Brazil Aid loans

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The payroll loan from Auxílio Brasil can only be requested by interested people through Caixa Econômica Federal from 7:00 am on November 14th. Until the day in question, the hiring of the loan is suspended. Understand why the change is so sudden.

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According to the bank, access was suspended for two weeks so that it would be possible to process the Auxílio Brasil payroll. The consignment bidding has been suspended since 19:00 on November 1st.

According to what was announced by Caixa, after this deadline, the credit request will be available again to the general public. The leaf in paymentémanagedby the institution what alsomanagesOaccessto the credit, as well as Dataprev, companystate responsible for listin beneficiaries. Not to mention the Ministryof Citizenship, since they have the team responsible for registering the components from the program.

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How Caixa’s payroll loan administration works

The bank began carrying out the payroll loan operation on October 11. This service is aimed at beneficiaries of the government program Auxílio Brasil. The credit line has loans at rates of 3.45% per annum, with a retention of up to 40% of the amount of the benefit for Opaymentof installments.

The box it is not the single bank able The to offerlines in credit, mto the éOleader in the distributions.Inagreement with O Ministry of Citizenship, 14 other institutionsfinancial are authorized to to offerThis oneservice, however not all institutions initiated lending.

The release of this money to program beneficiaries has faced some obstacles and delays. Caixa also froze hiring of technological maintenance from October 21st to 24th. On the 24th, the institution answeredthe recommendationof CourtUnion Accounts (TCU) and stopped issuing credits for 24 hours.

At last week, the bankextendedthe period in revision for five daysUseful. During this period, you customerscouldvisitthe agenciesfrom the box or requestthe valueby the app Caixa Tem, but the amount was only released after this period, as suggested by the TCU.

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