Private payroll loans surge to R$76.7 billion in 2025, but interest rates climb

terra.com.br (Portuguese)

Private payroll loans nearly tripled in 2025, reaching R$76.7 billion. This surge is attributed to the "Worker's Credit" program, a new government initiative for private sector employees. Despite the growth, interest rates increased significantly. The average interest rate for private payroll loans rose to 56.2% in December 2025, more than double that of public servants and INSS beneficiaries.


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Private payroll loans surge to R$76.7 billion in 2025, but interest rates climb | News Minimalist