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New rule allows workers to use part of the FGTS and severance pay to obtain credit, although entities recommend caution before hiring
A major financial impact change began to take effect this Friday, June 26, 2026, for millions of workers with a formal contract.
The Consignado CLT now allows the use of FGTS as collateral, while the interest rates on these operations are limited to 1.99% per month.
The measure was regulated by Resolution CGCONSIG/MTE nº 3 and Ordinance MTE nº 1.115, both dated June 25.
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With the new rule, the worker can commit up to 10% of the FGTS balance and up to 100% of the severance fine.
Also, 35% of the severance pay can be used, including proportional salaries, vacation, thirteenth salary, and other foreseen amounts.
How does FGTS work as collateral in Consignado CLT?
The new model seeks to reduce the risk assumed by financial institutions and, consequently, favor loans with lower interest rates.
The use of FGTS will be optional. Therefore, each worker can decide whether to commit these resources during hiring.
The amounts will continue to be deposited in the linked account. Thus, the measure does not represent an automatic withdrawal or immediate discount from the fund.
A dismissal without just cause, however, will allow the bank to use the authorized collateral to settle part of the outstanding balance.
The installments will be deducted monthly from the remuneration. In this case, the consignable margin of up to 35% of net income must be respected.
Hiring will be available in the Digital Work Card
The new alternative is now available in the Digital Work Card, according to the rules released by the Ministry of Labor and Employment.
Banking apps will also be able to offer the modality as financial institutions join and are enabled.
In the Digital Work Card, the guarantee must correspond to 100% of the amount contracted by the worker.
In the banks’ own channels, the guarantee must represent at least 50% of the amount released in the operation.
About 100 financial institutions will be able to present proposals through the digital platform. Thus, different banks will compete for the contract.
The worker will have up to 24 hours to compare the conditions and select a proposal. Then, the contract will be signed in the banking channel.
Interest rate will be limited to 1.99% per month
The Ministry of Labor and Employment determined that the rate for these operations cannot exceed 1.99% per month.
The same limit will be applied to contracts made through the digital wallet and the financial institutions’ apps.
In April 2026, according to the Central Bank, private payroll loans recorded average interest rates of 3.79% per month.
The new ceiling, therefore, represents almost half of the average rate previously charged in operations without FGTS guarantee.
Retirees, pensioners, and public servants paid approximately 1.8% per month in the same period.
The private payroll loan remained, however, below the overdraft, at 7.61%, and the revolving credit card, at 14.95%.
Worker Credit has already moved more than R$ 130 billion
Launched on March 21, 2025, Worker Credit reached impressive numbers during its first 15 months.
Government data shows that the modality accumulated more than R$ 130 billion in active contracts.
Approximately 10 million workers have loans linked to the program.
Almost R$ 110 billion corresponds to new operations. The remainder involves old contracts transferred to the new platform.
Consumer protection entities warn of the risks
Procon-SP, Idec, and Proteste recommend caution before using the FGTS as loan collateral.
The fund represents a strategic financial reserve for periods of unemployment, purchasing a home, and other situations provided by law.
A dismissal could cause part of the FGTS and severance pay to be used to repay the loan.
The amounts received upon termination may also not cover the total debt, as the entities warn.
Procon-SP recommends that consumers analyze the need for credit and carefully evaluate the impact of installments on their budget.
Experts also advise comparing as many proposals as possible in the Digital Work Card.
The possibility of reducing interest rates can be advantageous. However, contracting requires planning and a complete understanding of the conditions.
Would you use part of the FGTS to get a cheaper loan or prefer to preserve this reserve for a possible dismissal? Share your opinion!
