Month: April 2019

Consolidation or refinancing with a lower interest rate of up to 50%. Dream or reality?

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Do you already have an existing loan, but would you like 50% better interest? So refinance or consolidate it through Credit Adviser Euro.

 

Many of you have a loan that was the best at the time you remembered i

Many of you have a loan that was the best at the time you remembered i

But banks and companies are trying to get the client for themselves, offering better and better conditions. What if you already have a loan, but in your opinion is unfavorable compared to current offers or do you have a number of “small” loans that have already outgrown you over the head and through the family budget? You can simply refinance them or consolidate them.

Consolidation and refinancing

Consolidation and refinancing

The consolidation of multiple loans or credits into a single loan for the purpose of a lower interest rate, a fixed interest rate, or the convenience of a single monthly installment. Most often, a mortgage or consumer loan is combined with a credit card or permitted overdraft that has a much higher interest rate. If there is only one loan, this is considered refinancing.

Reduction of interest up to 50% compared to the current loan

Reduction of interest up to 50% compared to the current loan

In addition to the regular loan, Credit Adviser Euro offers you a refinancing and a consolidation loan. If you already have an existing loan, and you “document” it, Credit Adviser Euro offers you an interest rate cut of up to 50% of your current interest. Just sign up for the Credit Adviser Euro website, fill out a short request and click “I want to reduce interest rates up to 50%. , or equipment charges.

Everything comes up quickly, simply online, and dream can come true.

Credit card without refusal: the procedure of registration, instructions and tips

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A credit card is a modern tool to buy goods or pay for services. Often banks put forward a number of requirements for their borrowers, issuing loan funds in the loan. You must confirm your income or be employed for a certain time. Also, failures on the part of banking organizations are associated with a poor credit history of potential customers. But there are such unique offers on the market that are likely to be approved. A credit card without refusal by a financial institution is a fairly common occurrence. Let’s look at where you can get these cards, and find the best deals.

Requirements for borrowers

Requirements for borrowers

Clients who have already successfully repaid certain loans enjoy greater confidence in credit institutions. At the same time avoiding overdue debts, especially a long period (more than 3 months). Making a credit card without refusing such borrowers is somewhat easier.

Also, not very large amounts, up to 100–300 thousand rubles, can also be counted by those who have never processed loans, i.e., have a clean credit history. Many banks are willing to issue a loan only to customers who have formal employment in a period of not less than six months.

And also provided that the location of the work or registration coincides with the regional representation of the banking organization. But it is not always necessary to fulfill all these requirements. A credit for a card without refusal can be obtained from just two documents:

  1. Passport.
  2. Military ID, INN, pension certificate, driver’s license.

At the same time, you do not even have to confirm your income, to have official employment. The contract can be issued urgently, even with a bad history of lending. And all this in the official and large banks.

The borrower’s age is between 18 and 70 years old. And an indisputable advantage is enjoyed by customers who have a salary card in the selected bank. But about everything in more detail.

Documents

Documents

Of course, there is the option of obtaining a credit card without refusing all of the two documents. But these proposals will not always be profitable. Issuing a credit card without checking the borrower is a big risk for the bank. Therefore, in order to reduce potential losses, the banking organization sets high interest rates for such agreements. And the loan amount will be minimal.

Therefore, to get a loan without refusal, it is better to prepare a complete set of documents to meet the requirements of a financial institution. This is suitable for the category of borrowers that has formal employment and seniority.

In addition to the priority documents in the form of a passport and a second document, you will need to confirm your income. This can be done by providing the following references:

  1. Bank account statement for the last six months.
  2. Help from accounting in form 2-NDFL or on the model, which can provide the bank.
  3. Rental agreements and other official sources of income.

As well as the design of the card will be more likely to be available to those who prove their work experience by providing a copy of the work record certified by the employer, or a fixed-term employment contract.

This package of documents will allow you to apply for more favorable conditions for loans, as well as reduce the risk of refusal to issue credit cards to a minimum.

Without employment

Without employment

Situations can be of a different nature, and where to get a loan if there is no official place of work? In fact, for obtaining a credit card, this factor is not so significant. Banking organizations apply for loans and those who do not work.

Most often in this way you can get a card of the same name. This is an instant credit card, which is issued when a client contacts the department. Get this credit card literally within 15 minutes. Such an instant execution is due to the fact that banks issue credit cards without careful inspection of the borrower.

You can apply for such credit cards online through the official websites of banking companies. Consider a few suggestions for instant cards.

Bad credit history

Bad credit history

Most often, banks are not ready to cooperate with borrowers due to the fact that potential customers have a damaged credit history. There are two options: either contact the more loyal companies once every three months, or apply for a small loan and successfully close it according to the payment schedule.

How to extend the loan repayment term

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You are disciplined and have been paying off your loan on time, because you know that delays generate fines behind fines, and your money is not junk, right?

But all of a sudden, an unexpected one caught you off guard and you can not count on your emergency fund, so realize that you can not repay the loan by the deadline. What to do?

In that case, you need to ask for a loan repayment extension, do you want to understand more? Keep reading.

What is the extension of loan repayment?

What is the extension of loan repayment?

The extension of payment of the loan is nothing more than an alternative to avoid delays in paying the installments of your loan, and consequently, bear very heavy interest.

If your installment matures the next day, you can request the extension to pay for it in 28 days, for example.

Then, the remaining amounts remaining to repay the loan would be transferred within the new requested period.

  • I made a personal loan and can not afford it, now what?

Why ask for an extension? Worth it?

Why ask for an extension? Worth it?

No doubt, it is worth asking for an extension when you realize that you will not be able to repay the debt on time.

Failure to do so will result in high fines, which may accumulate and further complicate your condition.

In addition to constantly charging through calls, you may get dirty name at the major credit bureaus.

After that, it will be much more bureaucratic to get approved on a later request for credit.

I want to extend my deadline, how to do it?

I want to extend my deadline, how to do it?

For this, it is necessary to contact the lender of your loan, which can also be done by the website or company application.

Usually, the lender will state what the terms of the extension and the possible fees that will have to pay to increase the term.

Do not leave your installments in arrears, contact and negotiate with your lender the best option for you not to get involved.

  • I delayed the installments of the loan, now what?

Needing a personal loan without leaving home and still safe?

Simulate with the Financial Group and borrow your loan online.

We guarantee safety, speed and ease.

Financial Group , you far from red.

 

CET – Total Actual Cost, All About Credit Cost

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CET – Total Cost or Cost of Credit. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil are obliged to disclose to the borrower or contractor of loans and financing the total effective cost of credit operations, both for individuals and for micro and small enterprises. The TEC is applied in any operation that involves the loan of securities for the purchase of goods or release of securities.

CET – Total Effective Cost , all institutions operating in the financial system must provide accurate and transparent information to their clients, partners and employees, with contents that clarify the definitions of the National Monetary Council (CMN) regarding CET (Total Effective Cost).

 

What is CET?

 

CET means Total Effective Cost , was created by the National Monetary Council (CMN) – Resolution 3,517, dated 06.12.2007, as of 03.03.2008, all fees are recorded in all financial transactions carried out, with the aim of the consumer knowing beforehand hand, what the costs of a loan or financing are when it comes to completing the hiring.

 

The CET is a percentage value, expressed in annual form (% pa) and represents the sum of the costs charged in the contracting of a loan or financing. These are: interest rate, tax (IOF), tariff (TAC), records (charges and charges for third party services in the case of vehicle financing).

By knowing all the credit information, the consumer can compare the conditions offered by the banks and financiers being able to choose the best option. The lower the CET, the better for the customer.

What information does the CET contain

Various costs and services charged can be identified in the CET as:

1 -) Taxes – IOF (Tax on Financial Operation) *;
2 -) Registration fee **;
3 -) Evaluation fee of the good; Records, encompassing registry services with contractual records or other documents related to the credit operation and services of the National System of Enforcement; Expenses with commission for origination of the contract; Other expenses relating to the financial service contract (sales promoter services, for example).

 

  • The taxes levied on the leasing are ISS and PIS and COFINS.
    ** May be charged semiannually for a single client. It will be considered the CPF of the consumer to evaluate this charge.

 

Where to find CET?

All Financial Institutions must inform the CET from Resolution 3,517 in:
1 -) Registration forms, Pre-contracts and Bank Credit Notes;
2 -) Communication materials, of any type of media, in which they contain values ​​of installments or monthly or annual interest rate;
3 -) Point-of-sale material in which parcel values ​​are shown or the monthly or annual interest rate.

The CET rate – Total Effective Cost , must be included in all these materials so that the client has easy access to information and can compare the amounts of the financing before hiring.

Note : All clients should be aware when signing their loan proposal , financing or other equivalent operation, if all values ​​of costs, interest rates, expenses, administrative fees, additional insurance or any other fees that you have to pay, shall be recorded and completed. It is worth remembering that your signature represents the science and agreement with such values, if you will pay or paid but not in the CET, question the institution.

Resolutions

To date, there are four resolutions related to Total Effective Cost , each dealing with subjects for the improvement and evolution of the matter, began with Resolution 3516, Resolution 3517, Resolution 3518, Resolution 3919. The latter was published on November 25, 2010. In this document, the Board amends and consolidates the rules on the collection of fees for the provision of services by financial institutions and other institutions authorized to operate by the Central Bank of Brazil and other measures.

 

Would you take credit, but don’t know how to choose?

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If someone needs a loan and starts looking for different bank offers, the first thing he faces is that there are plenty of different credit products on the market. Even the same type of credit products may have very large differences in interest rates or other terms.

What credit products do you have, what is it for?

What credit products do you have, what is it for?

Those who are not sufficiently informed about the secrets of the credit market can hardly see the wide range of offers and find the most favorable credit product and conditions for themselves. In this post, we help you find out more about the different credit offers and know what you need to pay attention to before you choose.

The purpose of the loan

The first thing that can narrow down the options that can be negotiated is the purpose of borrowing. There are loans for free use and for specific purposes. If you want to borrow a house for house purchase, you should definitely think about real estate mortgages when the property serves as collateral for the loan.

In the case of a loan intended for the purchase of a durable consumer product, please consult the goods credits, the terms of which may be very favorable. And if you are going to have a sudden, one-time release, you can choose a free loan, a personal loan.

If you want a credit line to finance your current spending, you should think about credit cards (credit accounts). These are useful if you spend your money in addition to the money you have at your disposal on a regular basis, but you can repay your income from your income (month) on a regular basis.

Loan with collateral and without collateral

Based on the above, two basic types of beliefs are outlined:

  • secured with collateral and
  • unsecured loans.

The former is characterized by the fact that it serves as a guarantee for the repayment of the loan disbursed by a movable or immovable property (whether by pledge or lien). Thus, the lender bears less risk if the debtor is unable to pay for some reason, the collateral asset ensures that the borrower gets his money back.

There is no such guarantee for uncovered loans, there is some guarantee of the debtor’s identity and income. Consequently, the risk of lending is higher. Banks are exposing these risk differences to loan conditions: you can obtain a loan on a more favorable condition if you take out a loan for a specific purpose and can provide coverage for it. If you can do these things, it’s better, don’t think about a more expensive construction loan!

Loan Amount, Interest and Maturity

Loan Amount, Interest and Maturity

When someone takes credit, the three most important questions are that

  • how much,
  • what interest rate or
  • how long does the repayment take?

These three factors give the installment, ie the amount the debtor has to pay monthly until the end of the repayment. In any case, you should consider the amount of credit that you can pay without any problems in each month.

The installment can be reduced in three ways:

The installment can be reduced in three ways:

  • with lower loan amount (prepayment after disbursement),
  • with lower interest rates and
  • longer term loan.

It is recommended to borrow only as much as is strictly necessary when borrowing, thus minimizing the level of indebtedness. If there is no way to further reduce the amount, then you have to choose a structure where interest rates are lower: it is worth comparing a number of offers, or, as we have seen, covering the loan – these may lower interest rates. Ultimately, the repayment term can be extended. However, it is worth to be cautious: although it results in a reduction in the installment, it increases the total amount to be repaid.

Another aspect to be mentioned is the change in interest rates during the repayment of loans. Are

  • fixed interest loans and
  • floating rate loans.

In the case of the former, the interest rate does not change during the repayment period, and remains at the rate specified in the contract. In the case of floating rate loans, interest rates may change from time to time, following changes in market interest rates. The period of change may be short term (3 months, 6 months, 1 year) or longer (3 years, 5 years, 10 years). This is undoubtedly a risk, as an increase in interest rates will result in an increase in the repayment installment.

For security reasons, it is recommended that you choose a fixed-rate or long-term fixed-rate loan, but in some cases it may be advantageous to have a fixed interest rate in the short term due to lower interest rates. However, you should choose this only if you are not expecting a rise in market interest rates and you are risking or hoping for a higher level of income in the future, from which you will be able to pay your installment at rising interest rates. As a general rule, in the case of floating rate loans, a lower repayment installment may be undertaken than the debtor could pay (and save the difference) in order to avoid the problem of repayment of the loan in the event of an increase in the repayment installment.

We have presented general considerations above, which may arise in connection with loans, but the most important advice you should take into account is tailored to your specific needs and financially, always looking at the range of offers from several banks. To do this, credit calculators help you, but always start with the terms of the offer you have made after the credit assessment before you decide to borrow.

Discover How to Get an Online Credit Line

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Difference between line of credit and loan

Difference between line of credit and loan

Although loans and credits are used indiscriminately as synonyms in banks and in the media, the truth is that they are different products with different characteristics, advantages and disadvantages.

“Lifetime” bank loans

 

  • They are used to finance large projects such as financing a car.

  • The entity gives us the full amount of money to pay for the draft project

  • We will pay for all the money borrowed from the moment they grant it to us

  • They have a fixed period of reimbursement previously agreed

  • The monthly installments are fixed and also previously agreed upon

  • We know how much we will refund in total from the beginning

Online credit lines for individuals

Online credit lines for individuals

  • They are used to have extra money for any purpose (higher expenses than normal, whims, months where spending increases …)

  • The entity puts at our disposal a maximum amount of money that we can access

  • According to our needs or projects we will be withdrawing a part of the loan money that we need

  • We will pay interest for the money we use, not for the total amount of money available

  • The reimbursement period will depend on the quantity arranged at each moment

  • The monthly fee will depend on the money arranged at each moment

  • Depending on the term and amount that we have available the line of credit, the total to be paid will vary

While personal loans are a good alternative for large projects for which we need a large amount of money to use at once, lines of credit are a good alternative when the person needs to have a large amount of money available, but not all the time An example could be to finance a trip or a home renovation , where new renovations or contingencies may arise that require an increase in the budget.

Two ways to get a line of credit

Two ways to get a line of credit

Online credit lines have historically been a widely used alternative for financing companies and self-employed workers , since they adapted very well to changing financing needs at any time and without further formalities:

  • As a credit for consumption : these are accounts where we will have the available money with which we can direct expenses, pay directly, make transfers or any other action from the own account. The monthly installments that we have chosen at that moment will be charged directly each month in the current account that we have selected.

  • Like a credit card : it is a similar operation, only we will do it through the plastic of the bank card. Here you can learn more about the operation of credit cards.

The conditions of each type of line of credit may vary depending on the entity or product for which we choose. It is important to compare different offers before choosing one type or another.

Commissions of the lines of credit

Commissions of the lines of credit

Online credit lines are not exempt from the dreaded commissions, although they are different from those applied by personal loans . Generally, we should pay attention to the following:

  • Opening commission : many lines of credit have a commission that we will have to pay for the opening of the line of credit.

  • Commission for disposition of cash : if the account of the line of credit or of the credit card we need to have cash, the most common is that they charge us a commission for this operation that is around 3% of the disposed money

  • Annual fee: to renew the line of credit, especially if it is a credit card, sometimes we will have a maintenance fee that will be charged manually

  • Commission for transfer on account : it is also possible that if we make a transfer of money from the account of the line of credit to our account, they charge us a cost for it.

  • Commission for payment in installments : although it is not common, many entities charge a commission for starting to pay in installments. Simply by choosing the payment method in installments instead of the payment the following month.

We must bear in mind that each offer will apply the commissions according to their offers, so the cost of the commissions or if they have them or not will depend on each promotion

Advantages of online credit lines

 

These financial products are some of the most innovative in the market . Although there are already online credit lines for self-employed or small and medium-sized companies, the fact that many private equity entities have launched into this business allows us to achieve many advantages inherited from quick loans:

They are online products: you can contract without having to go to an office of the entity. In this way we gain in comfort and speed

They are impersonal , it means that we will not have to deal with a lender face to face. We can make the entire application through our computer, tablet or mobile phone, with a fully automated process.

We will only pay for the money we have . The rest of the capital of the online credit line that we have been granted will not generate interest.

If we do not use any money, they will not charge us anything . This happened with the old lines of credit, because they had a commission for non-provision as compensation for the possibility of accessing a certain amount of money.

It is a growing market, which is generating a great competition between the new products of these lenders. This makes everyone launch offers from which we can benefit as customers.

The process of processing and granting online credit lines is the simplest and fastest , being able to count on the money in a matter of minutes and with hardly any paperwork.

In the vast majority of entities we can amortize the money in advance without being charged a cancellation fee for it. In fact, this action usually reverts to an extension of the credit limit of the product.

They are for any purpose , by not requiring a receipt we can use them to finance a trip , a car or higher education, for example.

One of the main advices when resorting to personal minis loans is that we should not resort to them in a habitual way, because their cost and their short term makes them a risky financial product if we ask them frequently.

About this page

 

What is this page for? This website was created as a guide for our users in the area of ​​credit lines for individuals. These products are truly innovative, so we see it necessary to explain their main features to the visitors of the page.

Source: the data on the products that we provide on this website have been checked on the official websites of the lenders, as well as on the website of the National Association of Financial Credit Establishments (ASNEF) .

Methodology: all the information that appears on this page has been obtained through online and telephone research, as well as mystery shopping and consultations with our experts in personal finance.

About Zorro: we are a comparator of financial products and home economics whose goal is to provide the user with a market perspective of any of the products he is interested in contracting. Likewise, we provide our visitors with tools to calculate costs and compare products.

 

 

What Is The Reunification Of Debts?

by admin

 

 

If we are in need of reducing the monthly payment of our debts, one of the options consists of the renegotiation of the same to pay a single receipt of lesser amount than the total sum of the current installments. The reunification of debts allows individuals, self-employed or companies to reorganize their economy and deal with their debts immediately, but let’s not forget that it is only one of the solutions, and in fact the experts only recommend it as a last option.

Even so, when the need is urgent, and has done so during the crisis, the so-called debt collectors have taken advantage of the desperation of many companies and private customers to offer their services in exchange for substantial commissions. In fact, in recent years there are many who choose this formula either through banks or intermediary companies, which then negotiates with credit institutions to reunify the debts of their customers in order to pay less on a monthly basis.

 

What is the reunification of debts?

What is the reunification of debts?

Thus, we can define the reunification of debts, also called unification or consolidation of debts, such as the financial operation through which we obtain a loan to pay other loans or previous credits, grouped in a single monthly payment of smaller amount. Basically, we are unifying all the debts in a single mortgage loans, although there is also the option of doing so without the need for mortgages or guarantees, which represents an important limitation of the amounts of debt admitted. In this way, we obtain a single loan at a lower interest rate, but with a longer repayment term.

Risks of reuniting debts

 

The consolidation of debts is not the panacea , logically, because although the monthly payment is unique and lower, and the repayment term can be adapted to the needs of the payer, the loans that are about to end will lengthen their term, since they do not We will finish paying them until the new credit ends. Avoiding this type of situation requires knowing the conditions to assess their suitability in light of these, and before making a decision weighing other alternatives. Do not forget that the reunification of debts is just one of the options that exist to face situations of default. Before signing a loan to reunify, it is essential to be alert to a series of risks, such as:

  • High Commissions: it is necessary to assess the fees and total costs of processing and formalization, including notary fees, registration, agency and taxes, as well as penalties for early cancellation.
  • Higher interest rate and term: it is recommended to compare the interest rates, and be aware of what part of the fee corresponds to the interest, as well as the term of the loan, including the payment of the total expenses of the operation.
  • Consultancy expenses: if the bank refuses reunification, private reunifiers will be the only alternative, which implies higher commissions and risks, so it is essential to have expert advice that will increase costs even more

 

Loan Consolidation Help – Request A Loan From Us Payday Loans Consolidation

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Loan or financing? Certainly, that doubt has also crossed your mind, has not it? Which of the two modalities is the best for me, which is the most economical or even, what is the difference between these two types? It is very common that we find these terms being used synonymously. However, they are different models of getting credit .

Request a loan for an online loan today"}" data-sheets-formula="=trim(join(" ",query(sort({{indirect("a"&int(rand()*counta(R3C[-6]:C[-6]))+1);R3C[-5];REGEXREPLACE(R3C[-4],regexreplace(R3C[-5]," ","\|"),"")},{rand();rand();rand()}},2,0),"select Col1")))">Payday Loan Consolidation Learn more about our loans & Request a loan for an online loan today

Therefore, it is fundamental to know the differences and indications of each one, taking into account the purpose that money will have. So you can choose the best option for your pocket and for your goals. So, keep following this article and see the particularities of loan and financing and the pros and cons of each mode. Check out!

What is loan?

  • What are the advantages of the loan?
  • And the disadvantages?
  • What is financing?
  • What are the advantages of financing?
  • And the disadvantages?
  • After all, loan or financing? Which one is the best?

What is loan?

The loan is a means of getting credit without restrictions for using that money. With this, when requesting this modality, you do not need to account or justify how you will use the value when withdrawing it, after approval of your registration.

Therefore, the loans are a free line of credit, with no connection to any kind of good. The sole responsibility and condition is to pay the installments, plus interest, on the dates agreed in contract. In addition, this type of appeal can be requested in both banks and financial institutions.

Usually, the purpose of the loans is the most diverse, such as repaying debts , repaying credit cards, paying for school, renovating the house, taking a trip, covering the overdraft, changing cars, making investments, and getting married.

What are the advantages of the loan?

What are the advantages of the loan?

The main highlight of the loans is the ease in soliciting and hiring. In addition, it does not take many explanations and justifications, making the whole process quicker, easier and more likely to get the release of money.

The second positive point is that there are different types of loans that you can opt for, taking into account your profession and the purpose of the loan to get better terms and fees. See what are the main ones:

  • payroll loan;
  • personal loan;
  • revolving loan;
  • anticipation of 13th ;
  • anticipation and restitution of the Income Tax.

It is also worth mentioning that, depending on the value and the modality, the loans often do not require the presentation of some kind of guarantee.

And the disadvantages?

And the disadvantages?

All this ease, speed and freedom of loans comes at a price: interest! The main disadvantage is the high rates. Precisely because they have no bonds or guarantees, banks and financiers need something in exchange for making value available. Hence, loans are already famous for having heavy interest.

Interest rates usually vary according to the economy and type of loan. To get an idea, the personal loan rate reached 166.07% per year, which equates to 8.50% per month in October 2018.

One way out of having lighter rates and not suffering from high interest rates is the secured loan. In this mode, you offer one as well as bank or financial protection.

Thus, the institution will have more security in making the money available and will not go out of its way if it can not comply with the parcel agreement. In this way, interest rates are lower and payment periods are more flexible.

What is financing?

Continuing with the particularities between loan or financing, let’s go to the second item. Funding is also a means of attracting credit, but in this case the use of money is specific.

Therefore, the value is not free, since it is only granted upon approval in contract of a good that wishes to buy, which must meet some predefined requirements. The most common is that the financing is directed to vehicles or real estate. And, just like the loan, it can also be requested from banks and financial institutions.

The approval of this line of credit will depend on two steps: the credit analysis and its justification regarding the use of money, and the good must also be evaluated. In addition, lending tends to involve higher amounts than lending, and so the bureaucracy is also larger.

What are the advantages of financing?

Financing has the advantage of lower interest rates and longer repayment terms. This is possible because of the higher values, more complex analyzes and the good that will serve as a guarantee for the bank or financial. After all, the safer the operation for the financial institution, the better the conditions for consumers.

And the disadvantages?

The factors that weigh the most on the financing decision are the bureaucracy and the difficulty in credit approval. In addition to justifying the end of the money, the good that you acquire will only be in your name after paying all the funding. As such, it stands as collateral, which makes the process more dangerous for you if you have financial contingencies with your budget.

It is also worth mentioning that it is fundamental to keep an eye on the Total Effective Cost (CET) and the value of the adjustments, which must be included in the plan and according to the variation of your salary. The more time-consuming and judicious analyzes also tend to disappoint many financings and cause consumers to give up on this option.

After all, loan or financing? Which one is the best?

Learn how to adapt to eSocial with these 6 practical tips

There is no ready and concrete answer about the loan or financing being the best option for you. The two models for fundraising have particularities. Therefore, you need to consider how much you need, the urgency and your financial conditions.

If your goal is to pay off a particular debt or company in which the value is not yet very high, the loan may be an option to consider. However, if the goal is to acquire a property to invest in improvements in the business or want to exchange the family car, financing can be an alternative.

Regardless of choosing the loan or financing, it is vital to analyze your budget before signing any type of financial arrangement, as delays and defaults make both options expensive and problematic.

Also, always read the agreement in full and with calm, evaluating all values, conditions and readjustments. Finally, be wary of institutions that offer too many advantages and facilities, as it could be a blow.

In the doubt between loan or financing it is important to evaluate their conditions and objectives. So, put on the scale what you need. Also, before signing any agreement, make simulations to ensure that you are not paying more than you can afford.

Working Capital: What is it?