Understand that personal credit is actually a form of personal loan that various financial agencies offer, and it is done without imposing such severe conditions on the customer. This is how we work.
Usually you have to go through a quick credit analysis, made to ensure that you will be able to repay the personal loan and if it is approved, the money is immediately released to your checking account.
Because it is an easy form of credit, you should understand that interest rates may be slightly higher than normal. But it is important to know when you should take a personal credit to deal with these rates, and we will teach you how to understand the situation and make the right decision with us.
When should you request it
- When you’re paying off overdraft debt: Just make a quick comparison with us, and you’ll see that overdraft revolves around extremely high rates. If you have just gotten the overdraft and want to pay off the debt, look through our options and find the personal loan that best fits your needs and fits in your pocket peacefully.
- To deal with emergencies: If someone in your family ends up needing medical treatment that you can’t afford, count on us to help you with this problem. With a credit you can pay everything in cash and deal with the debt installments little by little.
Advantages Of Getting A Personal Credit
- Extremely fast money release: Once it has been approved, the money will fall into your account in even one day.
- It’s much better than dealing with overdraft: With us, you’ll understand that personal credit can be much cheaper than using your bank account’s special credit.
- Clean money for those with the dirty name: Here you will find options for those with the dirty name in the square to get credit and pay off their debts by clearing their name.
Using personal credit to pay off your credit card balance
A personal credit can be used wisely to pay off the credit card balance that is somewhat heavy on your budget and has been rolling for a few months.
It is much more efficient to use your money to repay the installments of a personal credit and use it to repay your debts. You’ll save a lot more money than having to deal with the very high card interest, and we’ll help you make the right credit choice.
For example, you just spent a huge amount on your credit card, and you may end up being unable to pay it all at once, having to deal with the minimum balance each month, and even after 3 months you will still have this balance of 2000 reais to pay and get rid of debt. We will help you deal with the problem through a loan.
There are cases where it may take you over a year to pay the full amount of the card, which is why a personal credit becomes so important and so effective.
Using personal credit to realize your dream of higher education
In a happier scenario, you can use the personal credit we offer to, for example, complete a big dream, such as having a higher education diploma. It turns out that once you graduate, your chances of having a better pay rise a lot, and you will be able to handle any debt much easier.
This type of credit is useful in situations where you need a little extra financial push to take that fast specialization course, or even to obtain certificates or any other courses. With us you will be able to take that English class you always wanted and increase your curriculum.
Education is a good that will give you a great long term return. The price you will pay for this is just the interest that will be paid on the personal loan, and you will have a much calmer lifestyle, especially when you have your job in hand.
Why take this?
You will often find yourself wondering if personal credit can really change your situation. It turns out that you won’t always be able to predict things and know how your financial situation will be in a few months.
And if you wind up with some debt or installment, personal credit can save your skin and leave you on the budget once again to reorganize and start stabilizing again while finding other sources of income.
Personal credit can really reverse a tricky situation, or it can help you achieve a dream or deal with a last-minute problem. It will all depend on how you use it. We are here to help you make the right choice, and with us you will always feel confident about your choices!
But be sure to do some good planning before you get your hands dirty and deal with your problems. You have to make sure that everything is going to happen optimally so that you don’t wind up further on. To assure you of this, we offer the most diverse guides and articles that will teach you to have a healthier attitude to your budget.
Don’t worry, we will always be by your side to perform each of the steps you need to restore your finances or achieve that dream you have been wanting to fulfill for so long. Together we go much further, and you can always count on us to deal with any emergency!
What is personal credit
In fact, personal credit is nothing more than a form of financing provided by financial agencies and banks with the ultimate goal that the client can acquire something of their desire, be it a product, a property, various financing such as studies, repay your debts with high interest or whatever.
And, of course, what is most striking about such a loan is that the client requesting the money need not give any explanation as to where this monetary amount will be applied, as the credit is automatically sent to the account. who requested the service, or is sometimes delivered in the form of a nominal check.
After receiving the amount, the customer has a specific and agreed maturity to repay the debt that he has generated from the bank, as well as the interest and fee accruals that correspond to the payment term and the amount of the amount that has been paid. requested.
Installments can vary widely, ranging from 24 months to 72, depending of course on the conditions that are offered by each financial agency or bank. Some, for example, offer the most diverse options, with a pre or post fixed rate, as well as having to be paid in cash or in small installments, everything will be organized according to the situation of who is applying for personal credit.
How to decide if it is worth applying for a personal credit
In order to reach this conclusion, first of all, you must evaluate all the rules and fees that will be charged with your loan. In many cases, the entity that is granting the personal credit itself will only release the requested amount after a rigorous cadastral analysis.
Many agencies expect the customer to be able to offer a variety of collateral, guarantors, guarantors, payroll consignments as well as checks. All this so that the bank or agency can feel assured that the amount granted by the personal credit is paid.
Keep an eye out, see if your loan installments are really going to be missed when you close your budget, check to see if the reason you apply for your credit is really urgent as you expect, see if you can handle your bills at all. Otherwise, take a look to see if the interest rates that will be charged will really be worth it to you.
And if you have any questions, seek answers from a correspondent from your chosen agency, or even hire a financial advisor so you can negotiate more suitable terms for repaying your personal credit!
The rates that are usually charged are the IOF, the Financial Transaction Tax, directly at the time of application and, when we talk about interest, if they are fixed, the rate is also set when applying for personal credit.
In case of post interest rates, these will always be calculated according to the variation of each month, so be aware, as agencies and newsstands always make available on their websites tables with the rates of current rates so you can always be aware of everything before placing your signature at the end of the contract.
And never forget that most important of all is always buying CET, the Total Effective Cost, as through it you will know how much you will have to pay the bank at the end of your loan, no penny more or less.