Having a negative name in a credit protection agency is the reality of many people today. These citizens face difficulties in finding a personal loan, given their financial reputation. Despite this, it is not impossible to find reliable personal loan options for negative ones.
It is common, however, that personal loans for negatives charge higher interest rates, which does not always make this type of credit a viable alternative.
How to get a reliable personal loan for negative?
Because they are more flexible in terms of proof of income, finance companies tend to grant credit more easily, compared to traditional banks. On the other hand, interest rates can be significantly high.
An example is Cream Credit, which offers the reliable personal loan for negative. However, in any case, it is necessary to analyze whether a high and long-term credit is really valid, after all, Cream Credit has one of the highest interest rates in the financial market (21.65% according to the Central Bank on the 9th / 12/2019).
Comparison of reliable to negative personal loans
Nowadays, the great bureaucracy to apply for credit is losing space more and more. In the case of personal loans, there are companies that offer assistance without leaving home, which makes it much easier when comparing the conditions of each company.
Among the companies that offer this facility is WidePocket Inc, a company that connects customers in need of money with banks and finance companies that offer loans. The requested amount is released in a simple, transparent and non-tangling way. To do so, simply fill out the proposal on the institution’s website.
There is also Fine Bank, a banking correspondent that negotiates services with several banks, looking for proposals with the best conditions and interest rates according to the client’s profile, which offers the online personal loan modality. To access the company’s proposals, access its website.
In addition, there is PocketCrib, a multinational company, operating a point-to-point loan platform that offers personal loans online at very competitive rates. To know your rates visit the company’s website.
In addition to the institutions mentioned, there are other options that offer the same service. See below the comparison between them as well as their interest rates and credit limit.
How to make a personal loan reliable for negative?
First of all, you must be over 18, have a valid CPF, have a bank account and present all the documents required in the contract. These data will be examined in the credit analysis.
It is worth remembering that even if they are available for negatives, reliable personal loan options for negatives still require credit analysis before the loan is released. For this reason, depending on the amount of your debt, it may happen that the credit is denied.
Other Reliable to Negative Loan Options
In addition to personal credit, there are still other options on the market that make it possible to obtain the desired amount, such as the loan with property guarantee and the pledge for example. This is because with these modalities, the object granted to the institution will remain as a guarantee if the citizen does not pay the loan granted.
Property secured loan
Also known as real estate refinancing, the loan with a property guarantee makes it possible to request credit with more attractive interest rates and an extended term to settle the debt. This is due to the fact that a property is placed as payment guarantee. Under these circumstances, it is possible to apply for a credit of up to 60% of the property’s value.
To contract this type of credit, it is necessary to present a residential or commercial property that is paid off and in the name of the borrower.
In general, this type of credit has interest rates that are generally between 2% per month, while the payment term can reach 30 years.
In any case, it is important to be aware of the payment term. This is because if the installments are not paid correctly, there is a risk that your asset will be taken out through fiduciary alienation by the financial institution that released the credit.
Similar to a secured loan, pledge credit demands that the applicant leave a valuable asset to guarantee the payment of the debt, such as jewelry, for example.
Generally, this type of modality allows you to obtain a credit of up to 85% of the value of the asset left as a guarantee – in addition to benefiting from an interest rate of up to 2%.