Payroll loans This is a topic that has gained prominence in Brazil, especially with the launch of the CLT loan for workers with formal employment contracts.

In this article, we will explore the first year of this program, which accumulated R$ 84 billion in new contracts, as well as discuss the government's expectations of reaching R$ 100 billion in three months.

We will also address direct deductions from pay, the lack of regulation regarding the use of FGTS (Brazilian employee severance fund) as collateral, and the high interest rates compared to those of retirees and public servants.

Finally, experts discuss the current limitations and expectations for new rules that should be implemented soon.

One Year of CLT (Consolidation of Labor Laws) Employment: Initial Assessment

Payroll-deducted loans for workers with formal employment contracts, a type of loan that is directly deducted from your paycheck., celebrated its first anniversary on March 21, 2026, accumulating $ 84 billion in new contracts, despite the government's initial goal of achieving $ 100 billion in just three months.

This difference reflects the limitations encountered throughout the year, including the lack of regulation regarding the use of FGTS (Brazilian employee severance fund) balances as collateral, as highlighted in... article about CLT Consigned Loans on G1.

Furthermore, the average interest rate of 3,85% per month This represents a significant challenge, making this type of credit less accessible compared to the conditions offered to retirees and public servants.

The market is eagerly awaiting the implementation of the new rules, scheduled for the first half of 2026, to further expand the possibilities of CLT (Consolidation of Labor Laws) payroll loans.

Payroll Deduction and FGTS Guarantee

Payroll-deducted loans for CLT (Consolidation of Labor Laws) workers allow loan amounts to be deducted directly from their paychecks, which reduces the risk of default for financial institutions.

This system has a commitment limit, which respects a percentage of up to 35% of the worker's net remuneration, ensuring that the employee does not become excessively indebted.

This practice of automatic payroll deduction simplifies the worker's financial routine, as the loan installment is deducted even before they receive their salary, making budget management easier.

However, the use of FGTS (Brazilian employee severance fund) as collateral for this type of loan has not yet been regulated, which limits the potential for expansion of this credit modality.

Regulating the use of the FGTS (Brazilian Severance Indemnity Fund) as collateral would be an important step.This would provide greater security for both workers and creditors.

According to reports, new rules are expected to be implemented soon to resolve this outstanding issue.

O use of FGTS Offering collateral can increase the attractiveness of loans and improve negotiation conditions.

Interest Rate Comparison

The difference in interest rates for payroll loans for formally employed workers compared to retirees and public servants has a significant impact on personal finances.

CLT payroll loans have an average rate of 3,85% per monthwhile the rates for retirees and public servants are considerably lower, being 1,81% per month e 1,79% per monthrespectively.

The disparities arise mainly because lack of adequate guarantees In contrast to other categories that rely on benefits as a guarantee, employees under the CLT (Consolidation of Labor Laws) are not covered by the CLT.

The pending regulation regarding the use of FGTS (Brazilian employee severance fund) balances as collateral for private sector workers directly contributes to this difference in interest rates.

These higher interest rates negatively impact the budgets of CLT (Consolidation of Labor Laws) workers, as they pay significantly higher amounts on their loans, reducing their purchasing power and increasing their debt.

Studies suggest that, with the implementation of the new rules, this difference will decrease, easing the financial burden on these workers.

According to data My everythingHowever, the fluctuation of interest rates between different financial institutions can further intensify the challenges faced by those who opt for this type of credit.

Current Limitations and Regulatory Perspectives

The limitations of CLT (Consolidation of Labor Laws) payroll loans are evident, according to experts.

One of the main obstacles is the absence of regulated guarantees which makes the program less attractive compared to other options such as payroll loans for retirees and public servants, where interest rates are significantly lower, ranging between 1,81% and 1,79% per month.

In contrast, the rates for CLT (Consolidation of Labor Laws) payroll loans reach 3,85% per month.

The government is already studying measures to reduce these rates.However, the lack of a formalized guarantee remains an obstacle.

Consequently, the expansion of credit for CLT (formal employment) workers remains limited, restricting access to more advantageous financial conditions.

Experts are eagerly awaiting concrete changes, hoping that the new regulations will be implemented in first half of 2026.

This reform would bring stability to the sector and expand access to credit, enabling more sustainable growth.

Payroll loans This represents a significant opportunity for many workers, but its limitations and high interest rates still need to be addressed.

With hopes for more favorable regulations, the program's future is promising, but it depends on the speed with which new measures are implemented.