Is a Private Loan Secured Against Real Estate Secure?


Borrowing money always involves risks.

Borrowing money always involves risks.

And this is for both the institution that lends money to us and for the person who needs extra money. The lenders must take into account that the loan or loan will not be repaid and they will have to try to recover their receivables on the debt collection path. However, the borrower does not know until the end how his financial situation will look in a few months and therefore whether he will be able to pay back the debt within the time limit. And if he does not do it, he will have to incur certain costs associated with the recovery of the debt by the lender. And usually he tries to secure the loan in the best possible way, so that the money can be recovered as soon as possible. What’s more, he usually checks what the applicant’s financial situation looks like in order to be able to decide whether it is worth trusting him and transferring the requested amount to his account. And that’s why banks sometimes refuse a loan application. They simply believe that the client is not credible enough to give him a loan.

private loan secured against real estate

private loan secured against real estate

The companies or natural persons who provide loans look somewhat milder about the ability and credit history. However, in exchange for this, often the cost of their loans are higher than a bank loan, and we also need to guarantee them a very good loan security. Even with relatively small amounts, they often require a mortgage on real estate, as it is considered one of the best loan collateral. For lenders, it is also a good idea on the one hand, but on the other hand, it involves a lot of risk. The upside is that we do not have to look for a guarantor, which is not so easy. On the other hand, the downside is that we must incur certain fees related to the mortgage entry, and secondly, we risk that if we do not pay back the debt, our apartment will be taken over by the lender. And often even with a loan that is much lower than the value of the property. Therefore, one should be very careful and think well before such a step.

Does this mean that you should not use private secured property loans? Of course not. It is a product like any other, and with all precautions we can borrow as much as possible. But let’s think about it before. Above all, if we can not get a loan from the bank. Secondly, will we be able to settle our liabilities on time? If we have any doubts about it, let us just let go and let us not borrow, because we will lose our property only. A loan agreement is also very important. It is best to ask for one copy of the contract before signing it, so that we can get acquainted with its content, or if we can consult its content with a professional credit advisor. Of course, we should sign such a contract in the presence of a notary public, which will only confirm her power. Before we use such a private loan, please also ask for a lender. Let’s check whether it is not on the lists of warnings presented by the Polish Financial Supervision Authority, or whether on the credit forums customers themselves do not warn against its offer. And of course, before starting the loan, do not pay any advances or commission, nor do we send expensive SMSs, to the numbers that the lender will provide.


Pre-approved credit. An Easy Way to Get Your Loan

Its relations with financial institutions are always observed. Have you ever received a pre-approved credit proposal? So this is a sign that you have a good reputation with the company that made you the offer.

This is the pre-approved credit principle. Based on a profile analysis, the financial institution proposes a loan to you.

But is it worth it? That is the question of many people. When the offer is good, we always distrust.

In this text we will unravel the mysteries of pre-approved credit. Let’s also show you the best scenarios for accepting this offer.

Pre-approved credit

Pre-approved credit

If you have ever needed a loan, you will know how the process works. First you go to the bank to apply for the loan. The institution, in turn, will analyze its entire financial profile.

It does this in order to know what your guarantees are. It is not good for the company to take risks. That is why, the more collateral you present, the more chances you have of getting the loan. This shows that you will pay that amount.

Pre-approved credit is a type of loan in which part of the profile analysis process is performed in advance by the financial institution. Your payer history is used as the basis.

In other words, the bank checks if you meet your financial obligations regularly. If you pay in full the installments of purchases on the credit card or even if you do not walk around getting involved in many debts. These are examples of good financial conduct.

So when that balance is positive, the chances of the bank or the financial company offering a pre-approved credit are higher.

How your profile is rated

How your profile is rated

There are bodies that feed databases with information from individuals who have past due debts. This is the case of Serasa Experian and the Credit Protection Service (SPC).

When the individual is ” dirty name in the square ” is because their data (full name and CPF, at least) are in the files of one of these organs. Traders and financial institutions constantly consult these databases before offering or approving a loan to you.

What are the bad loan alternatives?

Moreover, in a connected world like today, there is an increasing chance that you will go through such an assessment without realizing it. Online shopping enabled companies collect good information part of your relationship with the market. These information can also be used as a basis for financial institutions to mount pre-approved credit proposals for their profile.

This is a way for banks to protect themselves. Every loan, as said before, represents a risk to the financier.

When a bank makes a pre-approved credit proposal it evaluates the good payors in advance. With that, in fact, the institution is trying to lower the risk of the loan. Most likely you will pay your debt on time if you have this recurring habit.

On the other hand, even the most disciplined person may need cash on hand in certain emergency situations. Sometimes she does not use the loan for fear of being rejected or of not being able to pay. Pre-approved credit is a way for the bank to say that there is money available in case you want to use it.

Main advantages of pre-approved credit and when to use

Main advantages of pre-approved credit and when to use

The great advantage of pre-approved mode is the lack of paperwork and the ease of having money in hand.

The way of hiring is almost automatic. It can be made directly into the bank’s system, be it online or ATM. And pre-approved credit can come not only in the form of a loan, but also as a credit card.

It is important to keep in mind that even after accepting the offer, you are subject to an analysis of the bank or financial agency. This assessment, however, serves more to confirm the data that has been obtained about you at some point in the past. Sometimes, if the information does not match, the bank does not authorize the loan and may withdraw the proposal for a while.

The best scenario for you to accept a pre-approved credit offer is when there is a debt to be paid off. Low bureaucracy is a determining factor in putting money quickly at your disposal.

If you have some good that you want to buy, it is also valid to accept the proposal. Before accepting, be sure to evaluate if the installments will fit within your budget.

Like all credit, you need to keep an eye on payment terms, interest and fees. All of these items vary from bank to bank and according to your profile.

One disadvantage of pre-approved credit is that this is a closed proposal. You will hardly be able to negotiate interest rates and installments with the bank. If you want more margin for negotiation, look for more traditional lending or financing options with a reputable financial institution.

Pre-approved is different from other automatic credits

Pre-approved is different from other automatic credits

Some people find that pre-approved credit is the same thing as overdraft. But they are not the same. Overdraft is a form of automatic credit that exists in most checking accounts. In this case, when the current account balance becomes negative, the customer automatically enters the overdraft.

The interest rate on pre-approved credit and overdraft are also very different. Since the overdraft is automatic, there is no profile analysis. Therefore, the risk of the bank default is high. So much so that in Brazil the overdraft interest is considered one of the largest in the world.

Pre-approved credit has fixed interest rates and is much lower. In some cases, it is advantageous to change the form of debt. For example, if you owe a high amount on overdraft, it may be worth the lower interest debt through a pre-approved credit.

Discipline is your biggest ally in accepting pre-approved credit. You are not required to accept the offer. Not even when she’s very tempting. By always maintaining a good relationship with the market and financial institutions, with current accounts, it is quite likely that you will receive other pre-approved credit proposals.


How to Find the (Best Offer) Personal Loan. Look here!

Is asking for personal credit a good one?

Is asking for personal credit a good one?

Course is! Here in the ” Cathy Nomel Online Guide ” you have all the information you need to know if:

  • The lender company is reliable and safe.
  • What is the interest rate applied on the loan.
  • What is the company’s CNPJ if it is regular.
  • Where is the physical address (office or store).
  • What’s the phone, Whatsapp and the media.
  • What time does the service work?
  • What is the reputation on reviews of sites like the Claim Here.

In this article we will know how it works to ask for your personal credit online in most of the companies that are acting in the network of computers and attendance in stores, offices and credit agencies.

Our intent is to make sure that at least one lender listed here on the site is willing to provide the financial and cash resources you are needing.

Filing online form for personal credit is safe

Filing online form for personal credit is safe

On most online credit and loan company websites the average time is about two minutes to fill out the form, both on the online platforms and in the Android applications or iOS to make the request.

Do not worry, it is completely safe, especially in the companies and websites that we have partnered with. In most cases, artificial intelligence and the best high-level security software are used to analyze and protect you, with the advantage of not paying anything to fill out your registration or have the loan approved.

The requested information that is required to connect you to a legitimate lender are basic in the first contact, and after submitting this information, they are referred to the system to find one or more reputable online personal creditors, generally the offers can range from R $ 200 up to R $ 500,000 depending on the modality, others such as the Home Equity credit line, up to R $ 2,000,000.

In short-term personal credit, the amounts are reduced, plus the money is released the same day or the next business day.

Review your credit offers without bureaucracy

Review your credit offers without bureaucracy

In a matter of minutes, after processing your information, you will be connected with one of our lenders and get an offer that meets your needs. You will never be forced to accept any offer.

So, if the offer you receive does not match with you, you simply reject it, and that’s it! That will cost you nothing.

How to get loaned in cash

How to get loaned in cash

Once you have found an offer that meets your financial needs regarding the amount, term and payment terms, you will go through the details of the finalization of the contract of your credit application.

Then your lender will ask you to provide more details about you and will ask you to make a signature card just like this in your documentation. Once this is done, the contract is closed and the lender will release your money into your bank account as soon as possible.

Depending on the time you make the request, the amounts will be released on the same day or generally the next business day.

How to repay your personal credit agreement online

How to repay your personal credit agreement online

The money received from a personal credit is refunded thanks to the agreement that stipulates which monthly amount will be returned to the bank, financial or alternative lender.

There are some rules for contracting the payment term of the parcels. Each modality has its pre-set deadlines which generally takes from 2 to 12 for short-term loan, but can reach up to 240 months on the loan with property of guarantee or more months according to the institution.

How can you set up a refund for monthly payment?

  1. With automatic bank account debit
  2. With discount on payroll.
  3. Discount Check Sheets
  4. Discounted credit card invoice
  5. With payment in boleto bancário
  6. Making the payment with card – credit card type

In these forms of loan discounts, payroll is the one that offers the lowest interest rates. Remember that by allowing automatic debit, this will allow the lender to withdraw the amount of the whole installment preventing you from having lost or delayed payments.

What qualifications to make personal credit

What qualifications to make personal credit

Qualifying to get an unsecured personal credit online for either a small amount or a high amount is simpler and easier than you might think. Here are the basic qualifications, documents and requirements for borrowing:

– You must be 18 years of age or older
– You must have proof of income when self-employed
– You must live and work legally in the Brazilian territory
– You must be employed with the same employer for at least 180 days
– You must have a bank account that is being moved
– You must have a valid physical address, email address and phone number
– You must meet minimum income requirements

Have credit history (dirty name and restriction) a problem?

Not! Some creditors who partner with Cathy Nomel, perform the credit check (consult Serasa and SPC), also consult the Credit score when necessary. But that does not mean that people with low scores or being negatived, are prevented from applying for personal credit and have the proposal approved.

Creditors, banks and financials of our partner network can also perform credit checks alternatively with their own BigDatas and through outside companies such as Equifax or TransUnion here in Brazil.

These credit inquiries and checks help the lender to ensure that you borrow the loan, that it is approved, and you can not afford it.

It is worth mentioning that these checks generally do not affect your financial life, but being restricted in name, meaning being denied prevents you from getting credit and loans at most private institutions.

Fortunately, we’ve been able to connect people even though they have their restricted CPF as a good payer.

Getting Advantages and Facilities in Personal Credit

For advantages and more benefits when applying for personal credit for small or large amounts online, it is important that you make payments on time and without delay.

This will help you avoid fines and additional costs with more interest rates on value. Just like on credit card, fail to pay on time, potentially creates barriers to better interest rates, while paying off creates better business relationships with your lender or lender.

You should always be sure that you will ensure that you will have the resources to make scheduled payments on installments on the due date before submitting your information or signing any online or face-to-face personal credit agreement.

Note: You should contact your lender immediately to discuss the available options if you are not able to repay your loan or make a scheduled payment on time. right

Cathy Nomel can help you how!?

We are always available to answer your questions about this site, our services and about online personal loans and general financing.

We strive to provide our users, users and consumers with relevant information and answers your questions as quickly as possible.

If you have problems with any particular loan agreement with any of our creditors partners, please contact him directly because we are not authorized or we have direct access to informing details of any loan agreement you have made from any indication or link left here from Cathy Nomel.