Unfortunately, you can't avoid the interest rates charged by financial institutions or banks. What you can do is choose the credit provider with the lowest interest rate. For example, it is known that the Bank's main focus in relation to personal credit is loans for retirees and pensioners, and exclusive financing for people who cannot afford a personal loan.
Personal loans from banks have lower rates, but you need to have some business relationship with them. Financing and Investment has changed the way people apply for loans, due to the many facets. Large transactions by banks began in 1990, when they began to operate with banks in their particularities, from then on they began to operate with credit and commercial portfolios, financing and investment in general, then becoming a private bank and a public bank.
The Bank's focus is financing and consumer credit exclusively for people in classes B, C, D, and E. Its portfolio includes several products and services, such as: direct consumer credit, personal credit, payroll deduction credit, personal loans, credit cards, vehicle, property and individual insurance, and many others. Leasing and consortiums for cars, property, electronics and home appliances are offered at more than 203 service points. It is possible to find a bank store in all capitals and major cities in Brazil, in addition to having more than 28,000 business partners, such as dealerships, passenger vehicle, truck and motorcycle dealers.
Banks usually have a full line of credit, in stores and partners you can find:
How to get Personal Credit and Personal Loan?
With “Personal Credit” or “Personal Loan”, you can get money without bureaucracy and very quickly. This credit operation does not require a guarantor and you have a loan to do whatever you want. In addition, it is extremely easy to apply for Personal Credit. And for this, you do not need to be a bank account holder and you can apply for it in up to 36 months to pay it off.
Another excellent type of personal credit, it allows you to refinance up to 90% of the vehicle's value. If you need money, this is an excellent opportunity to get cash in hand without having to part with your car. The rates are exclusive and the best on the market, and the financing payment can be made in up to 60 months.
Payroll loans, the main focus of banks, as mentioned above.
Credit for retirees and pensioners of the INSS, civil servants and military personnel of the armed forces can take out the Consigned Credit with deduction from payroll, it also releases credit for private companies. The rates are the lowest on the market with several payment plans for loans without consultation. The personal loan with deduction from payroll can be made in up to 60 installments to pay
Financing your Home
Loan financing is now done through the intermediation of Brazilian Mortgages real estate financing, indicated by BM SUA CASA. The credit is intended for both individuals and legal entities. It is a personal line of credit secured by real estate. It can also be used for commercial purposes, as a short-term alternative with working capital. It can be an excellent means for micro-entrepreneurs and small business owners who want to exchange debts with higher interest rates.
See the main financing conditions in most banks in Brazil:
– Minimum loan amount – R$ 30 thousand and maximum of R$ 1.5 billion;
– Release of up to 80% of the value of the Commercial property and Residential property.
– Maximum payment term – 30 years.
– Property given as collateral – is accepted as commercial or residential property and without any other mortgage, it will be transferred to Brazilian Mortgages.
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