Evaluate the health of your monthly budget. Calculate your DTI (Debt-to-Income) ratio and verify if your debt payments are within the safe recommended limit by banks or if you are at risk of financial insolvency.
| Analysis Metric | Obtained Amount | Recommended Limit | Situation / Diagnostic Note |
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The DTI (Debt-to-Income Ratio) is a universal metric used by analysts and banks to assess a person's payment capacity and default risk. It represents the fraction of your monthly disposable income consumed by debt payments.
The Over-indebtedness Law (Law 14.181/21) amended the Consumer Defense Code and established that the Minimum Existential must be preserved in debt renegotiations. Currently, the Federal Decree stipulates the Minimum Existential amount at $ 600.00 per month. This means that financial institutions cannot make automatic deductions from salary or retirement accounts in such a way that less than $ 600.00 is left for basic sustenance.
No. For the standard DTI calculation, only credit financing expenses (property loans, car financing, personal loans, and credit card bills) are considered. Basic living expenses are classified as fixed operational costs, not as financial debts.
There are three main ways: consolidate debts into a single low-interest credit, renegotiate terms and rates directly with creditors, or focus on increasing your monthly income (extra jobs, commissions) while keeping debt payments frozen.
You can seek the Public Defender's Office, the Procon of your state, or the Court of Justice to request a collective debt renegotiation process. The judge will convene all creditors to formulate a unified payment plan of up to 5 years, preserving your Minimum Existential.