What do Brazilians owe him most? Does Desenrola Brasil help?

Recently, research from the Lokomotiva Institute revealed an interesting scenario. Most indebted Brazilians, although aware of the federal debt renegotiation program called Desenrola Brasil, deal with doubts about whether their debts can be covered by the program. This panorama shows the need for further clarification on how Desenrola Brasil helps citizens take control of their financial situation.

The institute collected responses from Brazilians from all regions of the country. The results showed that 59% of defaulters have already heard about the program, however 57% of them do not know whether it is possible to renegotiate their debts through Desenrola. Only 28% confirmed that they have debts that can, or have already been, renegotiated through the program.

What is the perception of Brazilians about Desenrola Brasil?

“Desenrola is known and seen as something important, but its work is still less than what Brazilians would like to know. “This is normal, as the program has gone through several stages, but it is a good tool that may not be exploited enough,” says Renato Meirelles, president of the Institute Locomotiva. Even when faced with uncertainties, 85% of defaulters still intend to negotiate their debts through Desenrola Brasil, while 11% have already concluded agreements through the programme.

1. Credit card: 60%
2. Loans and bank financing: 43%
3. Overdraft: 19%
4. Electricity, water, gas, etc. bills: 17%
5. Taxes such as IPVA and IPTU: 15%
6. cell phone: 14%
7. Storage section: 12%
8. Internet or pay TV: 10%
9. health insurance: 6%
10. Supermarket, hypermarket or wholesale: 5%

What does the research reveal about defaults in Brazil?

In an attempt to understand who is primarily responsible for Brazilians’ debts, the research summarized the file of defaulters. Today, 77% of households suffer from debt, and 30% of them have some outstanding debt. Credit cards are considered the biggest reason for 60% of debtors defaulting, revealing an increase compared to 2022, when the percentage reached 56%, and 2019, at 49%.

Default is also linked to delays in repayment of bank loans and financing, which came in second place in the ranking, with 43% of respondents reporting having debts of this type. In the previous year, this level reached 40%, indicating an increase in this trend. It is important to highlight that projects like Desenrola Brasil represent an opportunity for financial relief. However, to take full advantage of this opportunity, residents need to understand the program in depth. Therefore, clarification and information initiatives are of great value to the financial health of Brazilians in this debt scenario.