Chile's General Treasury (TGR) announced on Monday the start of collecting overdue Crédito con Aval del Estado (CAE) debts, affecting more than 550,000 people. The plan segments actions by monthly income, with judicial measures for those earning over 5 million pesos and payment plans for others. Education Minister María Paz Arzola backed the effort to recover public funds.
Chile's General Treasury (TGR) began collecting CAE debts on Monday, a state-backed loan that the Treasury assumes from banks when borrowers default. Over 550,000 people have overdue debts, according to the TGR. The agency outlined a segmented approach by income level, based on 2025 tax filings.
For debtors earning over 5 million pesos gross monthly, the TGR will pursue direct judicial actions without payment plans. These include seizing bank accounts, salaries, or other assets under legal provisions. "These actions form part of the fiscal resource recovery process," the Treasury stated.
Those earning under 5 million pesos can regularize via payment plans on tgr.cl/cae using Clave Única or Tax ID. Options cover the unemployed, those without declared income, or living abroad, with remote processing available.
Education Minister María Paz Arzola stressed, "we will not skimp on efforts to achieve the return of resources." She added: "It is part of our commitment... to recover resources to help people who will require state financial support in the future." For lower earners, she noted benefits like payment suspensions or reductions if quotas exceed 10% of income.
