Obtaining loans to pay bills is part of the routine of many Brazilians, so we present how it works Sicredi payroll loan.
If you want to get loans and don't know who to turn to, then follow the article below.
How does it work?
To hire, you must go to the nearest agency. It is important to take your pay stub and identification document if you are interested in purchasing the Sicredi payroll loan, discover its differences below:
Installment values
The company ensures that it does not exceed 35% on the income of its customers. If you are a public servant, the employer must define the stipulated margin, as determined by Specific Legislation.
Ease of credit portability
Sicredi accepts loans from other financial institutions, so it can help you reduce the value of your installments, and it is also possible to obtain a new amount.
Deadline to repay the loan
In the case of INSS, the payment limit is 84 months. For other agreements, it is necessary to comply with the legislation. For more information, speak directly to your agency.
What is the loan limit?
On the Sicredi website, you can access the simulator to find out the rates, terms and amounts that will be paid according to your profile. The Sicredi payroll loan should not exceed approximately 30% of your income.
For payroll loans, no collateral is required, since the amounts are deducted from the payroll. For INSS retirees, the payroll loan rate is 1.80%, with a payment term of 84 months.
For example, if you intend to borrow around R$ 5,000.00, to be paid in 24 months, with rates of 1% per month, then you should pay 235.37.
However, when signing the contract, you need to be careful with the CET of 1.30% per month, which can cause the installment value to reach R$ 852.34.
If you don't want any surprises at the end of the month, use the simulators to understand how the calculation is done.
Who is the loan suitable for?
Any partner company or associates, who are INSS retirees and pensioners, can access this modality.
Remember that, for this modality, the payment is deducted from your paycheck, and the term for paying the debt can be up to 6 years.
Advantages
At Sicredi, everything happens in an online environment, in a practical and fast way. The company offers personalized service to provide support whenever necessary.
Credit is only released if the customer proves that they have the means to pay.
Disadvantages
It does not have a physical establishment, rates vary depending on the loan or financing you wish to take out.
Therefore, always read the contract, use the simulators and research the rates for each modality offered on the platform.
How to apply?
At Cooperativa Sicredi, individuals and legal entities can contract services, it is necessary to present the following documents:
- Document with updated photo;
- CPF;
- Proof of address for the last 3 months;
- Proof of recent income;
- Resources to be invested, in this case, may be initial capital, which may vary depending on the cooperative.
Conclusion
Therefore, the Sicredi payroll loan may be the solution to help pay your bills.
However, don't forget to check the rates and make sure you really need this amount, as they will deduct this money from your payment until the end of the installments.