What are the Best Loan Options – Save Easy

We have already seen that the best way to realize dreams is to save money, but we know that there are situations where it is necessary to organize finances before putting together the money.

The best thing to do in these cases is to look very closely at the loan options available in the market. Do not despair, take a deep breath, and see what is worth to you. In this post we have gathered some of the best credit options.

Loan with guarantee (1.15% to 2.15% on average)

Loan with guarantee (1.15% to 2.15% on average)

Which is:

The secured loan is a modality in which you place your property or your vehicle as collateral of payment of the amount borrowed. The home equity loan has lower interest rates, while the car loan has higher interest rates.

How to use it:

This mode is ideal for those who need high amounts and plans the payment in a longer period. Usually, it is the most viable option for those who need money to start an activity that will generate future profits, which will offset the long-term interest payment.

How not to use it:

For immediate needs and without planning of payment of the long term installments. It is also not ideal for those who own a well-financed property – although they have options that renegotiate the amount financed, generally the new loan will charge higher interest on the installments that remain to be paid in the financing.

Loan Payroll (1.95% on average)

Loan Payroll (1.95% on average)

Which is:

Payroll loans are loans with installments directly discounted from paycheck or Institute of Social Security benefit.

How to use it:

This modality is ideal for the renegotiation of debts with higher interest rates. It is a good option to have fast money and no bureaucracy in some cases, since it is not necessary to analyze credit for public employees and pensioners of the Institute of Social Security.

How not to use it:

It is not possible to commit more than 30% of your income by paying installments of payroll loans and, despite the limit, these loans end up committing a significant portion of your income. Control your spending and do not be held hostage!

Loan with Pawn (2.1% on average)

Loan with Pawn (2.1% on average)

Which is:

This is an easy-to-access, credit-free loan. You present a good as collateral, which is under the tutelage of the financial institution until the total repayment of the loan. In this way, you can make this type of loan even if you are defaulting, since the good is the guarantee that you will take out the loan.

How to use it:

Look for this loan if it is the option with the lowest interest rates, in situations where the amount you need is not approved in credit analysis, SPC / Serasa. Therefore, you can use this credit by pawning jewelry and other valuables.

How not to use it:

Keep in mind the purpose for this loan. If you are not sure that you will be able to remove it to the end, do not compromise your budget and your assets.

Consigned Credit Card (3.6% on average)

Consigned Credit Card (3.6% on average)

Which is:

I bet you are surprised to see a credit card among the best loan options ! This is not a common credit card, it is directed to public servants and retirees / pensioners of the Institute of Social Security, with much lower interest rates. Another advantage is the minimum invoice payment value of 5%, lower than the other card options in the market.

In addition to interest and the minimum amount, what differentiates this credit card is the payment of the minimum installment (5%), made directly at the payroll of the public employee or for the Institute of Social Security benefit.

Unlike the other cards, it is not necessary to pay off the debt if it is not possible to pay the invoice in full – you can continue to pay only the minimum every month. With the low interest of this option, the debt is amortized month to month until the total discharge – you do not fall in the snowball effect.

How to use:

In addition to being a much better option than conventional Credit Cards, because they do not have annual fees and have much lower interest rates, the Consigned Credit Card is a good option for those who already use the limit of 30% of the monthly disposable income. This mode opens an extra limit of 5% of the use of your payroll to the card. The ability to draw up to 98% of the card limit is ideal for fast cash in emergency situations.

How not to use it:

Although it is one of the best loan options, as well as in other forms of credit, you will pay interest on amounts that are paid or not paid on the invoice. Plan your budget so you do not get dependent on recurring loans!

 

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