The personal loan without a doubt is in the lives of most Brazilians. Whether you want it or not, it’s difficult not to compromise. The only way for you not to use the resources provided through a loan is to take the extra money earned from work such as: vacation, thirteenth or bonus in company profits (some employers share with their employees) or save money saving over time to buy at sight, otherwise surely making a loan is the most appropriate solution.
In Brazil, getting cash resources or financing consumer goods is getting more and more accessible, buying a car, getting a real estate financing, renovating, building, changing the furniture of the house or even financing a dream trip is possible with money loan with interest rates slightly lower. Just as there are several banks and financial institutions, in the market we find different lines and modalities of credit for loan, knowing the differences between one and the other can make the difference when hiring rates. With that making the right decision, knowing the institution and which type of loan is most advantageous, helps to spare a little money in the pocket.
This type of loan is used exclusively for the financing of new and used vehicles (automobiles and utilities), national or imported. The interest rate is usually fixed and the payment of installments is monthly, equal and successive until the end of the contract. To finance a car, the car loan is ideal. The charges are: interest rate, TARC and IOF and accrued interest, if any. On the website of the Northern Bank up to 5th place, the minimum rate is 0.99%.
The interest rate on real estate financing has slowed in recent months, the repayment period has gone from 30 to 35 years (420 months) since 2012, thanks to a maneuver of the savings bank. In the 4 largest banks, the average interest rate is around 0.86%.
Credit cards are famous for three differentials: ease of use, high interest rates and defaulting champion. Currently the rates of the revolving credit is from 13.69% to 18%. Interest rates vary from flag and brand of card, since the criteria for charging the rates of the rotary is not established by the Northern Bank (BC), each administrator applies the rate he thinks best.
To inquire about the Overcharge, Credit Limit, Pre-Approved Loan and Miscellaneous Financing rates, you would have to do a thorough research. It is worth mentioning that banks and financiers apply rates according to the rating or relationship of the client. If you are looking for a loan, the only way to ensure the best solution is to compare directly to the institutions of your choice in your city.