Bolsa Família is a crucial government strategy to support economically vulnerable families. However, those who receive this benefit often encounter barriers when trying to access loans or other credit. Although these beneficiaries are not allowed to take out payroll loans, there are other ways that can help them improve their financial situation. In this article, we will discuss some alternatives available to those who benefit from Bolsa Família.
Understanding the Barriers to Payroll Loans
Beneficiaries cannot access the payroll loan that would be deducted directly from Bolsa Família. This measure aims to protect families from accumulating debt. However, it is essential to understand that this limitation does not prohibit beneficiaries from exploring other credit options.
Read also: BOLSA FAMÍLIA: A large proportion of young people leave CadÚnico indicating economic progress.
Alternative 1: Personal Credit in Banking Entities
A plausible option for those who receive Bolsa Família is to seek personal credit from banks. Here, the interest rates and terms will vary according to the applicant's financial profile. However, before committing, it is crucial to receive financial advice to understand all the aspects involved.
Crefisa's Personal Loan Option
Crefisa, which has been operating for over half a century, provides credit to individuals who face challenges in obtaining loans from other entities. This includes both people with credit restrictions and Bolsa Família beneficiaries. However, it should be remembered that Crefisa has one of the highest interest rates.
Currently, the average market rate is around 7.18% per month, while Crefisa operates with around 21.37% per month. Therefore, when considering a personal loan from Crefisa, carefully evaluate whether this is the right choice for your financial reality.
Documentation for Crefisa Personal Loan
When deciding on a personal loan from Crefisa, make sure you have all the required documents, which include:
- Photo ID (RG or CNH);
- CPF;
- Recent proof of address;
- Last two pay slips;
- Bank statement of last salary;
- If you choose to receive your income tax refund in advance, bring your tax return receipt.
Please prepare all these documents before starting the application.
Progredir Program: Support and Training for Bolsa Família Beneficiaries
The Progredir Program is a valuable alternative, aiming to train and assist those registered in the Single Registry to find work. This program offers free services, categorized as:
- I Want a Job: offers guidance on how to prepare resumes and apply for opportunities at partner companies.
- I Want to Qualify: in-person and online courses are offered.
- I Want to Undertake: for those who want to start a business, the program can facilitate access to microcredits.
- I Want to Undertake as a Group: if the goal is to move forward together, whether with colleagues or family, this is an attractive option.
How to Register for the Progredir Program
To register for the Progredir Program:
- Visit the official website;
- Select one of the options: “I Want to Work”, “I Want to Take Courses” or “I Want to Start a Business”;
- Enter your email and location;
- Confirm that you are not a robot and proceed;
- Log in with your details to the Federal Government's Single Account.
Once you complete these steps, you will be registered and will be able to enjoy all the services.
Documents for Registration in the Progredir Program
To register, you will need:
- CPF;
- Valid email;
- Be registered in the Single Registry.
Have these documents on hand to speed up the process and maximize the opportunities provided by the Progredir Program.
Additional Benefits for Those Registered in the Single Registry
In addition to the options mentioned, those registered in the Single Registry have access to additional benefits, such as discounts on services, exemption from fees in competitions, housing programs and more. Therefore, keep yourself informed about these benefits.
Read also: Bolsa Família payment will arrive early this weekend; check the beneficiaries.
Seek Financial Advice
Regardless of your choice, always seek financial advice before deciding on credit or loans. An expert can explain all your options and help you make the best decision for your situation.
Consider Each Option Carefully
Even though Bolsa Família does not allow for payroll loans, there are ways to improve the financial health of beneficiaries. Personal loans from banks, the Crefisa option and the Progredir Program are some of them. However, analyze all the alternatives and seek financial advice. The goal is to improve your finances in a balanced and safe way.
