Learn why the end of the year is the worst time to get a loan!

The end of the year arrives, the children ask for presents, that her third-grade aunt will come to the Christmas dinner, the family needs to change cars… And all this is aggravated by the arrival of Christmas, the biggest symbol of annual consumerism. You start to get infected with the symptoms of this generous time. His fingers itch. That personal line of credit in the bank becomes increasingly attractive and seductive. The eyes shine. And when you see it, it ends up getting into another debt.

The Dangers of the New Year

The Dangers of the New Year

Everything would be fine if the world ended on December 31 after you took out your loan. It turns out that, despite all the apocalyptic promises, it will not happen anytime soon. And the beginning of the year will come again.

Along with the beginning of the year, comes IPVA, IPTU, DPVAT, licensing fee, income tax return, increase in rent. Have you stopped to make the record and at least think that you may not have the money to honor all the payments? Include an unplanned trip or year-end shopping there and next Christmas you’ll still be paying with debt this Christmas.

Why not get a loan at New Year’s Eve?

Why not get a loan at New Year

Except for the fact that you are out of clothes, an essential household appliance no longer works, your bed has mocked, a health emergency happened in the family, a loan should be avoided at all times.

Loans are emergency lines of credit. They are used when you have no choice and need that money urgently. I will try to give a practical example and not so dramatic below.

This year I decided to try masters. To do this, I would have to stop working a little to devote myself to my studies. I had a very small emergency fund to support me during this time, but even if it did not, I had to try to get used to the routine of studies and tests. I studied, did not pass (but I learned a lot and will try again next year) and I ended up with no money at the end of the month. For this, I took out a loan, but only did it after planning the payment. I will pay 50% more of the installments every year to see me free of the debt sooner, in addition to investing in an emergency fund for the next season of masters’ tests. I am already studying for the next exam and keeping myself informed to be better prepared and not having to depend on a loan again.

It was an emergency situation, because it took me a long time to make the decision to take the master’s degree. Could have waited next year and have not taken over the debt. Many things influenced my decision. And at the end of the year you can be absolutely sure, the closeness to a date as solemn as Christmas will greatly alter your perception of things.

Christmas with money or lack of it. The choice is yours and a loan will only steal you money in the medium and long term. (Photo:

Banks and interest rates

Banks and interest rates

At this time of year, it is not just the trade that profits. Have you stopped to think about the number of people who use the 13th to pay debts or who borrows this end of the year? Do you think that the bank will have difficulties to beat financial goals?

With more cash in the box, the bank has the advantage of negotiating debt and interest. Hence, it will become more difficult to get better interest and payment terms for a loan. Now try asking for a loan in March or July and compare the conditions that different banks will give you.

Of course, the bank may also want even more money and give you good conditions. But again, the one who has the advantage in negotiating is the bank.

End of the year it’s time to reflect and save

End of the year it

Think differently at the end of the year. And thinking differently means putting your bills on paper, figuring out how you will get out of debt and thinking about how you will pay each of your creditors. Reflect well with your family and even friends, envelop them to help you get out of debt.

Buy less. Save more money to start the year by paying all taxes in cash. Escape the temptation of debt. It’s going to be strange at first, maybe some family and even some friends do not understand. But only who will know the peace that will bring to your mind is you.

Final considerations

Final considerations

The spirit of Christmas spreads. Absolutely sure. And we’re not telling you to get away completely from this climate. Parties with family and friends, gifts (cheap) for who is really important. You only have to learn to plan yourself better and so, start a happy and smiling new year with your pocket full for all those resolutions you have made.

Want more year-end tips? Please comment below asking what you want to know!


What is a Collateral Loan?

Security loan

Security loan

A security loan, also called a secured loan. It is a loan from a bank or other financial institution where, in return, the creditor can sell what is offered for security if the loan is unpaid. A collateral loan is often offered at a lower interest rate than an unsecured loan because there is a guarantee of repayment if the borrower defaults on the loan.

A collateral loan can use different things to secure the loan. Often people use stocks or bonds to establish a collateral loan. They can use their ownership in properties where part of perhaps a home, or a piece of land, is created as security. If the borrower defaults, he must sell the property to repay the loan and the lender has the right to sell the property, even if only part of the full value belongs to them. In these cases, a lender will sell the home and give the former the funds that are not offered on collateral.

A collateral loan can also be based on expected collateral, as well as the expected return on a harvested crop, or on an investment. Occasionally one can use property as highly valued jewelry as security or other highly valued goods. It is rare, as most security loans are based on paper assets, or on real estate.

If the given security falls in value and the borrower defaults, he or she will still be responsible for repaying the amount of security previously assessed. For example, a person borrows $ 100,000 on a home of the same value. If the home falls in value, say to $ 75,000, the borrower must still pay the full amount dictated by the terms of the collateral loan. If a borrower has defaulted on the security loan, his or her home will be sold. However, the borrower will still owe the lender $ 25,000. This may require the borrower to sell more assets or enter bankruptcy.

In most cases, people will not lend to the full value of a possession held as collateral to avoid the circumstances described above. Instead, the security loan is usually only part of the full value of a possession, or of paper trading as shares and bonds. People with a variety of high value goods, properties or shares and bonds can of course get greater security in loans. But with a loan, it is best to borrow only what you need as the interest rate will still mean a higher payback time than the actual loan.


Small Loans For Big Business

Small loans!?

Small loans!?

If you are at a point in your life that has been a little complicated financially, and you happen to be in need of a small personal loan to help you – then let’s talk about possibilities. When we say – small loan – we refer to any amount borrowed between R $ 200 and R $ 3,500 reais, with the detail of the repayment that is usually returned in a short time, between 3 and 12 times a maximum.

This is one of the alternatives to get a personal loan fast, without delays and easy to repay in installments, as the period goes by quickly.

A personal loan of small value can be used for any purpose, like paying bills of light or water delayed, a ticket or card of Casas Bahia, Riachuelo, Pernambucanas etc. Or, unusual expenses to cover repairs in the car or in the house.

Most of the time, borrowing money from a private lender or banking institution will likely be the same operating mode as in the form of an online personal loan, although online there are many other alternatives.

If you’re worried that you’re being denied and therefore might be fumbling with your ability to access a small loan, we’re here to show you that you have a few options and extra features that you need that are at your fingertips.

But first, let’s see what your chances are if you are eligible for most credit schemes.

Different Personal Loan Options

Different Personal Loan Options

Individual Loan

A personal loan or bank loan is a way to borrow money with an agreement between you and the lender, most of the time there is no guarantee request or assets that you have.

The lenders will no doubt consult about your income and your credit history with the agencies like Serasa and SPC to make a decision assess that you can afford and have conditions to maintain keep payments of installments by the combined time.

A personal loan can be borrowed from banks, financial institutions and online sites over the Internet. The amount borrowed varies according to the borrower’s profile, between R $ 200 and R $ 50,000. However, in conventional operations, those with some credit restriction or do not have sufficient income for larger amounts, are less likely to get amounts over R $ 10,000.

The payment amount of the installments is agreed with the signing of a contract when you take the loan, the rebates can not exceed 30% of the monthly income, this is a way to balance the personal finances and the budget of the borrower.

The term of the personal loan (how long you need to pay it back) depends on how much you can afford each month, the terms vary between 3 and 60 months, but can be extended up to 180 months.

Secured Personal Loans

Secured loans always involve some asset or guarantee that the borrower owns or has to present to the lender. In the transaction, the lender asks for a guarantee so that the loan that they offer is released, the asset can be their property (real estate), (automobile) or assets, in that modality the accepted guarantees can be numerous.

In a secured loan application, the amounts approved and released vary from R $ 10,000 to R $ 250,000, however, amounts such as R $ 500,000 and R $ 2,000,000 million are easily reached, these are probably a little more than you are Needing, but worth the hint.

Another very interesting line of credit, which is still a guaranteed loan, including the most popular in Brazil, is the payroll loan. With it some follow-ups from the society have easier access to borrow up to $ 75,000 or more, this will depend on the assignable margin, the guarantee is the discount on the payroll that can be the salary, benefit, or salary.

Bad Credit Loans

Although it is the practice for lenders to analyze all your credit information and data when you make a loan application or any type of financing, for those who have records in the protection bodies, they are dirty, does not necessarily mean that it will not be accepted in a personal loan application.

However, when your credit is bad, that is, you are negatived in Serasa, SPC and Boa Vista SCPC, this means that you will be overwhelmed with higher interest rate than the conventional one, or maybe you will not have access to amounts of money like you would wish.

Some lenders, such as Simplic, MoneyMan, Crefisa specialize in lending to clients with credit history with restriction records. So do not feel discouraged if you are looking for a small-value loan if you are struggling to manage your personal finances.

It is very important that you consider why you have had difficulties in the past so you do not overcharge by borrowing more than you think you can afford comfortably.

Loan alternatives for little money

Loan alternatives for little money

If you are looking to borrow a little money, borrowing with family or friends is a great choice. Getting loan with a credit card can also be an acceptable option depending on the circumstances. Credit card loan only serves to get you out of the way, and the amount can not be too much, ideally not to exceed the R $ 500 reais.

If you want to claim some of the benefits you are entitled to if you find yourself in a difficult situation, you can apply for the Government Family Loan loan that will go to help you pay for things like food, gas, clothing or travel expenses. The smallest amount you can borrow is $ 100, the loan has low interest rates.

Loan with FGTS, despite all the controversy, this personal loan line is also an option to borrow relatively low interest money amounts and for small or intermediate ones. By contracting the loan using the FGTS you can pay for the loan in several installments, which can make it easier to control your money.

In any type of loan, it is worth keeping an eye on the CET, and be cautious about taking out a loan if you are not completely confident that you can pay interest and installments on a monthly basis.

For some people, there is the option of approaching a family member or close friend for financial help, especially if you only need a small amount of money, this attempt may help you avoid the incidence of interest. Just combine with your friend, relative or family what you can afford per month.

Be responsible with financial commitments

In fact it does not matter how much money you are looking for, or what you are needing, the very same thing is to think about how you are going to pay it. Before you commit to any line of credit, consider the interest, the amount, and the time frame you will have to pay – think circumstances may change.

The good news is that by making your monthly payments on expiration and in full, you start to increase your credit score and create credit history if you do not have it. But, similarly, if you are approved in your loan application and then you have difficulties with repayment of the installments, remember that your financial life will be even more affected.

Being with the name negative already know that it hinders access to the best financial products, credit cards and obtaining loans with low rates and even lose the chance of public tenders and jobs in private companies.

With that in mind, it is very important that you ask only for what you can afford.


5 Reasons to Choose an Online Loan – Low Interest

You’ve thought it through, evaluated all the options, and come to the conclusion that the loan is the best solution to accomplish your goal, whether it’s paying off more robust debt, getting a loan, or making that emergency trip.

And you’ve been hearing that there’s a possibility on the market to request this service from the comfort of your home, even if you’re not entirely convinced that you really should. If this is your case, then keep an eye, then the following are the main advantages of taking out an online loan. Check it out!

Reason # 1: Custom Loan

Reason # 1: Custom Loan


Through the internet, it is possible to make pre-simulations, which allows you to know exactly how much you will need to pay monthly for the amount you want to request. That way you can better organize your home budget.

And you can still make adaptations to the operation by choosing the ideal payment terms. The operation is somewhat different from the one in which banks often already have pre-established values ​​and forms of payment.

Reason # 2: Cash on hand within 48 hours *

Reason # 2: Cash on hand within 48 hours *


There are things that can not wait, right? So if in addition to extra money you need to solve your problem urgently, the online loan offers the advantage of being available in up to two days. It’s even a celebration!

Reason # 3: More Ease

Reason # 3: More Ease


Have you thought about getting the loan without facing a queue, without leaving home, or even from the street, if the request is via smartphone? And the best: without having to gather the paperwork of vouchers to take to the bank? This is one more benefit of online loan.

It is possible to make your request in a few minutes and you can still compare different offers and choose the one that is most advantageous for you, without any bureaucracy.

If in doubt, institutions also offer online support to give you all the help you need.

Reason # 4: Security Will Not Fail

Reason # 4: Security Will Not Fail

 Do your homework: research hard on the financial institution or correspondent bank before closing any deal. This allows you to enjoy all the security and discretion that the virtual environment offers, as well as protection against intruders.

So you’ll be able to say goodbye to the tension of having to make a loan at the bank or being led to bring cash home.

Reason # 5: No consultation with SPC and Mersas *

Reason # 5: No consultation with SPC and Serasa *

 If you are negative, you can find the loan solution online for your problem. Some of the financial institutions and banking correspondents that offer this service do not consult the credit protection agencies to evaluate the risk of granting the operation. It’s one more reason to consider that mode!

See just how many advantages are brought with the loan online? But do not rush and make unnecessary transactions out there. You have to make this commitment with conscience and responsibility, so that you do not accumulate more debt and affect your domestic budget for nothing.

Remember: the health of your pocket should be in the first place!