Clipping of news on Brazilian Culture, Law and Citizenship
25/10/2012
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Is under consideration in the House Bill 4010/12 by Mr André Figueiredo (PDT-EC), which updates the rules for hiring workers for payroll loan governed by the Consolidation of Labor Laws (CLT) and by public servants.
Among other measures, the proposal ensures the employee the right to choose between three institutions consignatárias at least. "By expanding competition, the consumer will have more choice and can obtain more favorable terms for the negotiation of payroll loan," says Figueiredo.
The proposal also provides the borrower the right to transfer your loan from one financial institution to another.
Margin consignable
The project holds the possibility of compromising the worker up to 30% of their income on paying payroll loans. This limit is set on the Payroll Law (10.820/03). The project specifies, however, that the calculation of income may not consider the statutory deductions imposed by law or determined by judicial decision.
The deputy says that this rule will serve to prevent abuse by financial institutions. "In order to prevent such abuses, our proposal proposes to limit to 30% impairment of the total compensation available."
Interest Rates
If there is a change in interest rates, financial institutions must inform the employer and provide the new value of fees in its website. If the interest rate is reduced, the borrower will need to be warned, and financial institutions should allow renegotiation of the loan.
Advertising
In any advertising material on loan discount sheet, the financial institution must report the percentage of interest, the number of installments and the amount of loan taken as an example, warning the person about the risks of debt distress.
"The institute's assignment sheet deserves improvement, considering the abuses by financial institutions, which have been the subject of several actions including civil promoted by the public prosecutor," says Figueiredo.
Conduct
The proposal is being processed in conjunction with the PL 7130/06, which has conclusive character and will be reviewed by the committees on Labor, Public Service and Administration, Finance and Taxation, and the Constitution, Justice and Citizenship.
Source: Agency Chamber News
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This article was translated by an automatic translation system, and was therefore not reviewed by people.