To get the loan, the client must go through a credit analysis, which evaluates if he can afford to take a new debt and be able to repay the installments. In some cases, such as a loan for unsecured, unsecured or payroll loans, there may be no analysis, but in compensation the rates are higher. Always keep an eye on Total Effective Cost. This is the amount you will pay at the end of the loan, combining all fees and interest. If this is not clear to you when hiring, ask the manager. Perfect options are there for the quick cash also.

Personal Loan

Personal credit or personal loan is for people who want to pay off debt, buy property, settle unforeseen circumstances, start businesses, in short, she decides where she wants to apply the money. This option has no need to prove its purpose. The advantage of this credit is that hiring is quick and simple. In most cases the money is released within 24 hours.

Personal loan interest is usually the best, with the most affordable installments. But first, the client must go through a credit analysis, i.e. the money is only released if it is proven that the person can pay the debt. In the largest state banks, monthly interest rates are usually around 6%. This rate changes from bank to bank, so it is very important to research long before, even at banks you have no relationship with.

For those with name restrictions, credit is not that easy and you don’t want to compromise your car or property, unsecured loan is a way to get the money. But you need to be aware of this type of loan, since as it is unsecured, the interest rates are very high, which can make the Total Effective Cost double. That is, an unsecured personal loan that cost $ 1,000 in the end becomes almost $ 2,000.

Therefore, look for credit to pay only the value of your debts, clearing your name. This makes it easier for you to analyze credit and get a more affordable personal loan.

Online Loan

One way to borrow money that has been gaining more and more space and trust is the online loan. This is one of the fastest ways to get money, as well as not having to leave home and can contract anywhere. The benefit of taking out a loan over the internet is that you have access to various simulations, you can know the value of the fees and do not need collateral.

Is online loan safe?

This is a normal customer question as it is about money. Guideline is to look for well-known and security-certified sites. It is very normal to see people out there taking advantage of the situation and offering miracles. Always be wary of very low rates and easy hiring. Try not to go looking for credit and offer your data without knowing who is closing the proposal.

To borrow online, you must choose the site you want to borrow. On some sites you can simulate the amount you want to get, how much time you will pay and what installments. In other sites, it is only possible to know the proposal after registering. When choosing the site, simply register with your personal information and checking account that you want to receive the borrowed money.

Always remember to see the total cost of the loan. The first simulation may not bring a real value of interest. This is because the interest rate depends on the analysis made for each person.