According to a survey carried out by Serasa, from February to March 2021, the number of defaulters increased from 61.56 million to 62.56 million. This demonstrates the difficulty of Brazilians to settle debts in 2021.

Faced with the growing number of debtors, Serasa started the new debt settlement fair for consumers who have a bad name. Thus, during this action, defaulters can earn up to 90% discount on the amount owed.

In this way, Brazilians can settle debts in 2021 with minimal installments. They can be from R$9.90, R$19.90 and even R$29.90. So, follow our article and find out how this new Serasa action will work and tips on how to organize your finances.

Serasa's action to settle debts in 2021 is carried out through the institution's partnership with more than 50 companies. In addition to retail, banks, telephone companies, construction companies, universities and financial institutions have come together to reduce default rates.

To this end, defaulters can renegotiate their debts on the fair's website, through the institution's app or by calling 0800 591 1222 and WhatsApp 11-99575-209. According to Serasa, the new agreement can be made in less than three minutes.

Serasa also recommends that consumers carry out debt negotiations using digital means. However, it is also possible to make arrangements through Post Office agencies.

Planning and organization are key to paying off debts in 2021. After all, this is the best way to avoid accumulating late bills and high interest rates. However, to achieve this goal, take note of our tips.

To pay off your debts you need to know how much you owe. So make a diagnosis of your bills and write them all down. Thus, with this information it will be possible to calculate the interest rates and the approximate amount to be paid.

Then organize the bills based on interest rates so you know where you should start. The ideal is to start with those with the highest interest rates, as the amount of the debt can increase faster in a short time.

After doing the math and knowing how much you have to pay, you may realize that it will be almost impossible to settle debts in 2021, especially if you earn little. In such cases, the best solution is to negotiate your debt.

This can be done directly with your lender, but this option can take a long time. Therefore, we recommend that you participate in Serasa's action to negotiate your debt online with companies.

In addition to these ways, you can negotiate debt online in other ways. You can learn more about them in our article and get the best deal for your debts.

Spending control is key to paying off debt. So get into the habit of writing down all the money that comes in and goes out during the month to get rid of overdue bills. So, to facilitate this process you can use:

Although these are simple resources, they can help you understand where you are spending more. In addition, it is also a way to prevent a new account from arising and harming your financial life.

Financial education is not taught to Brazilians in schools. Therefore, for pay off debts in 2021 you need to dive into this world and learn to control your money and get out of debt. 

Studying about financial education is also a way to find out how to better manage your money. After all, you learn how to:

Fortunately, today it's easier to learn about finance. There are blogs like Senhor Panda, videos on YouTube, books and even courses that teach about financial education.

The practice of writing down your expenses can help you know how much you owe and where your money is going. That way, it's easier to identify unnecessary expenses and reach the savings goal needed to balance your finances.

Generally, the great villains of personal finance are not in their biggest expenses. So, that coffee, the lunch delivery or a new blouse are small expenses that added up can weigh heavily on the budget.

According to Serasa's research, the average debt of Brazilians who are in default is R$3,903.73. And, for you to settle debts in 2021 through the company's action just follow five simple steps, see below what they are:

Experts estimate that the default rate tends to increase in the coming months. This is due to the measures taken to control the coronavirus pandemic.

However, due to this scenario, Serasa created this action to settle debts. Undoubtedly, it is a way to help you achieve a healthy financial life during a difficult time like this.