Personal credit can be an option for those who need to deal with contingencies or solve financial problems with agility. There are some banks that offer this type of loan, however, it is important to be aware of interest and other fees that are charged not to pay much more than borrowed. See banks that can offer you personal credit:
Panter offers personal credit for those who have a pre-approved value and for those who do not have it. In the second case, you have to go to a bank branch and ask for an analysis. It is possible to borrow a value ranging from $ 80 to $ 50 thousand. The amount of installments to be paid varies from 1 to 48. The interest charged by Panter is 8.89% (month) and 181.85% (year) and the Total Effective Cost (CET) is 197.22% year. A person who borrows R $ 1,000 to pay in five installments will pay, at the end of the period, R $ 1305.45.
To apply for personal credit at Banco do Brasil it is necessary to have a checking account with the bank. The CET charged by BB is R $ 72.79% per year. The monthly interest rate is 4.27% and the annual rate is 65.16%. That is, whoever picks up an unpaid personal credit of R $ 1 thousand and divides the payment into five installments will pay, at the end of the period, R $ 1144.35.
There are several personal credit options available from Apobank. It is possible to pay in one installment or in monthly installments with rates that can be pre or postfixed. Among taxes collected, as well as other financial institutions, is the IOF (Tax on Financial Transactions). Clients who opt for pre-fixed will pay interest that are set according to the rate that is in effect on the day of hire and are deducted from the loan as soon as you hire. If you choose a post-fixed model, every month interest and TR are charged. According to the Central Bank’s table, the monthly interest rate charged by the Apobank for non-payroll loans is 4.47% and the annual rate is 69.01%.
Bankate’s personal credit allows payment in up to 60 months. The credit is released to a current account after hiring and the amounts are automatically debited. The monthly interest rate charged by the bank, according to the BC, is 4.54% and the annual rate, 70.36%.
Evaluate well before you hire personal credit
To quote proposals from different banks, the best option is to use the Good Credit that allows you to simulate personal credit in several banks.
Before hiring your personal credit, it is important, in addition to analyzing the fees and interest charged by the institution, evaluate if there are cheaper loan options. Payroll loans – where installments are debited directly from the paycheck – usually offer more competitive rates and charge less interest than the first option. Review the rates of private payroll personal credit here .