Plancredi Electricity Bill Loan, also frequently searched by internet users for “PanCred Electricity Bill Loan,” is an excellent personal credit opportunity: read our text and find out how this line of credit works and how to apply!
Advertisements
Plancredi, owned by the banking correspondent ValoReal Promotoras de Vendas, uses technology to ensure secure and fast personal credit.
One of the products offered by Plancredi is an online personal loan debited from your energy bill.
In today's article, you will learn how this credit model works and the details about it. Plancredi electricity bill loan.
See below what we have set aside for you:
- Plancredi loans – what is it?
- How does the loan on the energy bill work?
- Advantages and disadvantages of the loan with debit on the electricity bill;
- How does the Plancredi electricity bill loan work?
- Requirements and documentation;
- How to apply this option of loan on the electricity bill with lower interest?
- Conclusion.
Plancredi loans what is it?
It is a new type of credit, in fact, still little known by people. That is why there are still many doubts about how it works or whether it is actually safe.
This credit option is also known as an alternative personal loan. It is intended for people who have more difficulty obtaining other lines of credit.
It is definitely the ideal option for those with bad credit!
During the pandemic, many people ended up losing their income, especially those who are self-employed.
In this case, they encountered difficulties in paying off their debts, which led to at least 50% of the Brazilian population ending up on the defaulters' register, according to SPC data.
Furthermore, many people needed credit in the market to restart their businesses and ventures.
However, they were unable to do so, as their credit rating was bad. What now? What should be done?
The only option was to research and look for less bureaucratic financial services with easy approval.
Luckily, the loan on the Plancredi electricity bill, is one of them.
How does the loan on the energy bill work?
This credit option was certainly a light at the end of the tunnel for many people, due to how easy it was to obtain.
THE loan on energy bill, it usually works like this:
The loan amount, or installments, are charged based on your energy consumption, meaning the amount is added to your electricity bill.
The amounts can be paid via lottery, Internet Banking or ATM, in the same way you usually pay your energy bill.
An important piece of information to highlight is that the maximum value of loan installment must be twice as large as your energy consumption.
For example, if your monthly bill is around R$200.00, the maximum installment amount of alternative personal loan must be R$400.00.
This type of loan is carried out by institutions with partnerships with electricity distributors, for example, Equatorial.
Is it safe to take out a loan on your electricity bill?
Rightly so, one of the main objections consumers have before joining the loan on electricity bill is in relation to reliability.
In short, this type of credit is safe. However, 50% of that security comes directly from you.
In other words, we can say that it is safe to do loans on the electricity bill, as long as you look for serious institutions in the market, like PlanCredi, for example.
Furthermore, always be aware of the signs to avoid scams, and unfortunately, the most common tactic today is to pay an amount upfront to have credit approved.
Do not proceed with the transaction if this happens to you, under any circumstances. This is a scam, and getting your money back is a very painful process.
How to get a loan using your electricity bill?
First of all, to get a loan using your electricity bill, you need to meet some fundamental requirements, such as:
- Be over 21 years old;
- Have a bank account in your CPF;
- Have the electricity bill in your name.
Once these requirements are met, the next step is to contact the dealership and carry out a simulation.
Another important factor to mention is that all your energy bills are up to date. This will ensure your credit analysis is approved. there can be no overdue bills.
Can you take out 2 loans on your electricity bill?
Is it possible or not to take out two loans on your electricity bill? What do you think?
Well, if any institution offers this facility to you, be careful and get out as soon as possible.
Well, there is no possibility of taking out 2 loans on the electricity bill, using the same CPF.
Let's say, for example, that you have two properties with the energy bill in your name, house A and house B.
House B already has a contract that's being discounted monthly. In this case, there's no way to take out another loan for House A without paying off House B's debts properly. Okay?
What happens if I don't pay the loan on my electricity bill?
Financial unforeseen events happen more often than you might think!
However, as we have seen, the installments of this type of credit are discounted directly from the energy bill.
In this case, the charge is made even if the ownership of the residence changes.
And, an unpaid debt results in the inclusion of the name in the SPC and Serasa, fines, interest, charges, and the inability to contract other products in the credit market.
Therefore, before signing a contract, check whether you will have a “certain income” to cover your commitments by the time you pay off your debt.
Since a debt, when not paid, becomes a harmful element in finances, causing the terrible “snowball” effect.
So before knowing how it works Plancredi electricity bill loan, see below some advantages and disadvantages.
What are the advantages and disadvantages of taking out a loan with a debit on your electricity bill?
The biggest advantage of applying this line of credit it's the ease and the fact that it's less bureaucratic.
In other words, you don't need to prove your income and even people with negative credit ratings can receive approval.
But, despite being less bureaucratic, a credit analysis is also carried out.
The biggest disadvantage to standing out is the interest rates. Depending on the financial institution, they can be quite high.
Therefore, it is important to choose the financial institution carefully and carefully evaluate the interest rate and fees table.
How does the Plancredi electricity bill loan work?
You can apply for this credit Even if you cannot prove your income, the energy bill must be in your name and paid on time.
The installments that will be debited from your energy bill are fixed; you will pay the same amount every month.
Regarding the amounts, you can request a minimum of R$$200.00 and a maximum of R$$1,000.00. The amounts can be paid in up to 18 installments.
In a few hours, 24 hours at most, you will know if the Plancredi electricity bill loan was approved.
The institution has an agreement with the largest energy companies in Brazil, which further increases your chances of obtaining this credit.
Requirements and documentation
See below the basic profile and documents required to apply for this credit model:
- Be at least 21 years old and no more than 84 years old;
- Be the holder of the energy account;
- Have a bank, savings or current account;
- Identification document;
- CPF;
- Last energy bill invoice;
- Bank details;
- Two personal reference contacts.
How do I apply for this loan option on my electricity bill with lower interest rates?
Those interested in requesting this alternative loan on electricity bill with lower interest rates must access the Plancredi website
On the home page, there is a table with the values you can choose, choose the desired quantity and click on it.
Then, choose how many installments you want to pay in and fill in the requested fields with your details.
After approval, submit the requested documentation. Once the documentation is accepted, simply digitally sign the contract, and you're done!
Your money will be deposited into your checking account within a few hours, and may even be deposited on the same day.
Conclusion
The Plancredi electricity bill loan is quick, simple, and digital. Plus, the installments are fixed, so there's no surprise when the bill arrives.
The values are not that high, it is for low level emergencies, but they help a lot.
It's worth noting that the installments are affordable, meaning you'll pay off the loan quickly without compromising your budget.
If you still have questions about how this line of credit works, read another article from Cred Consultation Loan on electricity bill.
