Loan! Who does not need them?
There are few people who are economically active who have not yet taken out a personal loan or do not use any form of credit on a day to day basis. All kinds of people can get the benefits of personal loan: employees of private companies who are generally salaried, those who receive retirement and government pension can also borrow money with very low cost and military and civil servants.
The benefit loan and salary loan is best known as popularly called “payroll,” the operation is ideal for salaried employees, retirees and pensioners of the INSS and for those who work in the public sector in general. The collateral that the lender has in this credit transaction is the convenient and practical discount made automatically by the payer, every month for the duration of the loan agreement.
Who is it for?
If you are retired and pensioner, have permanent employment in a private company or are civil servants or civil servants, you can easily access the payroll offered by more than sixty banks and financial institutions in Brazil. The loan or benefit loan transaction is actually one of the best alternatives to get money financed , the installments are retained by the paying agency or company and discounted in the salary, retirement or pension of the contractor.
Term of the loan
The installments are fixed and monthly, ie the value of the installments is the same and do not change from the beginning to the end of the loan, the term of this type of loan is flexible, interest as well. The borrower can contract from 6 installments up to a maximum of 60 installments in the benefit, with a discount on the salary the term varies according to the agreed upon between the company and the lender, already in the functionalism the term begins on 6, 12, 24, 36, 48, 60, 72 and up to 84 plots. The commitment can not exceed 30%, but it is possible to find public bodies that consider compromising up to 40% with MTS.
There are also cases where even temporary workers with fixed-term contract or commissioned employee can apply for the loan on salary. The loan application is based on the duration of the employment contract.
In general the amount released in the loan operation are about 6 to 12 times the amount of the monthly benefit or income. In the case of retirees and pensioners, the loan must be repaid in full until the eighty-fifth year and 6 months of the contractor (85.6 months), but also changes from bank to bank, in some the term may be shorter, up to 79 years.
Applying for a loan or salary loan in banks, finance and credit unions has become very easy thanks to the lack of red tape in the concession, it is enough to have retirement that allows the discount, to be a worker in a CLT scheme or civil servant of the civil area or military, these are virtually the only requirements and guarantees required by creditor institutions.
The private or public agency employer makes payment to the creditor every month directly to the institution, after deducting the amount of the contractor’s (borrower) portion. In this way, even those who have the negative name in the SPC or Serasa who are normally excluded from access to credit, can contract the consignment without problems.
In some cases the lender demands differentiated conditions for the grant: it requires you to obtain in signing the loan from a credit protection insurance policy to protect the applicant and his family in case of loss of employment or death of the borrower and the hated “peculum “During the loan period. It is possible to make the total settlement in advance.