Banco Nación launches loan to unify debts with terms up to 10 years

Banco Nación announced a new personal loan line to consolidate debts into a single monthly payment. The measure aims to prevent default and protect clients' credit histories.

The bank presented the product aimed at clients with overdue installments and credit ratings of 1 or 2. It will allow financing up to 100% of the consolidated debt, with a cap of 100 million pesos.

The loan will be implemented under the UVA modality with terms of up to 120 months and an option for CER-CVS coverage. The rate will be 10% annual plus UVA adjustment, or one additional point for those choosing salary coverage.

Funds will be allocated directly to cancel the obligations. The operation will be available from Thursday, June 25 at branches, the website and the telephone service center, but only for clients who receive their salary at the bank.

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President Lula announces Desenrola 2.0 debt relief program with online betting ban during TV speech.
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Lula announces Desenrola 2.0 with betting ban in speech

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President Luiz Inácio Lula da Silva announced the new Desenrola Brasil in a TV address on the night of April 30, 2026, ahead of Labor Day. Beneficiaries will have access blocked to online betting platforms for one year and can use up to 20% of their FGTS to renegotiate debts. The program offers interest rates up to 1.99% and discounts from 30% to 90%.

President Luiz Inácio Lula da Silva's government plans a new credit package allowing renegotiated debts to be paid over up to four years. The program, tentatively called Desenrola 2, covers credit cards, overdrafts and non-payroll personal loans. The announcement is expected by month's end.

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Banco Agrario has enabled a debt reprogramming process for agricultural producers in 158 municipalities affected by the climate emergency under Decree 175 of 2026.

Superfinanciera reported that the Pacto por el Crédito completed 18 months with $241.6 trillion disbursed, reaching 94.9% of the $254.7 trillion target. It disbursed 36.4 million credits at an average weighted rate of 15.5% effective annual. The program boosted financing in key sectors like housing, tourism, and agriculture.

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Deputy Adriana Ventura submitted a request to the finance minister seeking details on the recently launched Desenrola Brasil 2.0. The lawmaker questions the outcomes of the original 2023 version.

Enel Chile's general manager, Gianluca Palumbo, stated the company expects to receive about US$65 million from a total US$900 million debt consumers owe electricity distributors. The debt relates to the Valor Agregado de Distribución (VAD) for 2020-2024. Palumbo voiced confidence in a quick resolution, as the Ministry of Energy considers options like debt factoring.

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A Bogotá court admitted a group action in August 2025 against more than 50 financial entities for alleged harm caused by delays in applying the 4x1000 tax reform.

 

 

 

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