Personal Credit: Where to do it, How to get it?
Getting personal credit can be the way out to make that trip you both want, renovate a room of your each, change cars or just buy a bigger television. There are many companies that offer personal credit, do you know any of them? It is important to always know where to get personal credit when you need it, so let’s talk a little about some options.
Active checking account
If you have a good relationship with your bank, active checking account for some time, and a good track record of moving it is possible that obtaining personal credit through your bank is the most advantageous option. In addition to clearing credit less quickly and bureaucratically, it is common for interest rates to be much lower than those you would find at another bank or financial institution where you have no relationships.
Banks with Citybank, Banco do Brasil and Caixa Econômica Federal provide pre-approved personal credit to their account holders, according to their movement and bank balance. It is a good option for anyone looking for a quick credit for a last minute need and does not want to pay very high interest. The deadlines for payment of the amount that was obtained through the pre-approved personal credit can reach 24 months, depending on the value and the bank in which the operation was performed.
Option to obtain personal credit
For those who do not have this option to obtain personal credit in the bank in which they have an account, for whatever reason, there are financial institutions that also offer personal credit. Among the most popular financiers are Losango, Panamericano, Banco BGM and BV Financeira. BV Financeira offers a payment plan for installments where the amount is fixed, and is paid by check within a period of up to 15 months from the date of hiring. In Panamericano, the payment term is up to 35 months.
In the BGM Bank the amount released can reach 5 times the value of the proven income and the credit is made directly in the current account of the person. At Losango the payment of the installments can be made in the check or the ticket and there is a grace period of 60 days to start paying, in addition the person can choose the best due date.
In the last two financials the term for payment can reach up to 24 times. All these companies offer the personal credit with differentiated interest rates and they release the credit by means of proof of income.
When hiring to obtain personal credit make a detailed analysis of all the proposals. Interest rates charged may range from 0.66% to 16.40% per month, according to a survey released by the Central Bank on the Exame.com website of the April, January, 2013, Magazine.
It’s a lot of difference, is not it? So it is very important that you do a simulation in at least 3 places before deciding on personal credit. Be aware and make the best choice!