FPA deputies denounce abusive practices related to rural credit

The House of Deputies' Agriculture Committee (Capadr) held a public hearing this Tuesday (14) to discuss the requirements imposed by financial institutions for access to rural credit. The debate brought together representatives from the government, the productive sector, and the financial system. According to the deputies, producers have been facing abusive practices, such as the "bundled sale" of insurance and capitalization titles linked to the release of financing, as well as the charging of guarantees higher than market standards. The information was presented by parliamentarians and still lacks official confirmation from regulatory or consumer protection agencies. "Producers from different regions of the country have reported pressure to contract additional products, without knowing that this is illegal," said Deputy Coronel Fernanda (PL-MT), coordinator of Supply Policy for the Parliamentary Front of Agribusiness (FPA). For her, rural credit is "a public policy aimed at ...