Exploring the different loans is the first step to finding the option that best suits your goals.
What is your goal?
If you are looking for something quick and of a lower value, a loan via Pix of up to R$1,500 with a cell phone guarantee may be ideal.
With fast approval and no bureaucracy, the amount is in your account in minutes, perfect for covering emergencies and small expenses!
Personal Loan
A personal loan is one of the most accessible and flexible types of loan, as it does not require a specific allocation for the amount requested.
It can be used for emergencies, renovations, travel and other projects.
Average Interest Rate: In general, interest rates for personal loans vary between 3% and 8% per month, depending on the bank and the customer profile.
Institutions such as Itaú, Federal Savings Bank and fintechs like Nubank and Banco Inter offer this modality with different conditions and deadlines.
Advantages: Fast approval without much bureaucracy, in addition to being an option without the need for a guarantee.
Disadvantages: Because it is a more accessible line of credit, it generally has higher interest rates.
Payroll Loan
THE payroll loan It is popular among retirees, pensioners and public servants, as the installments are automatically deducted from the salary or benefit, which reduces the risk for the bank and allows for lower interest rates.
Average Interest Rate: The rates for the loan are between 1.5% and 3% per month. Banks like Santander, Bank of Brazil and the BMG offer special conditions for public servants and INSS retirees.
Advantages: Affordable interest rates and long terms, with easy approval.
Disadvantages: Requires a link to a fixed source of income and may compromise the monthly budget due to the automatic discount.
Home Equity Loan
Ideal for those seeking high amounts, a secured loan allows you to use a property or vehicle as security.
This type of credit is an advantageous option for those who want to invest in a large project, such as opening a business.
- Average Interest Rate: Due to the collateral involved, interest rates are lower, ranging from 0.8% to 1.5% per month. Institutions such as Bradesco, Itau and fintech Credits offer this modality, with different term options and conditions.
- Advantages: Low rates and long terms, ideal for projects that require a high value.
- Disadvantages: Risk of losing the asset in case of default, in addition to evaluation processes and bureaucracy in release.
Compare home equity loan rates here
Business Investment Loan
For those who want to open or expand a business, the business credit is an interesting alternative. This modality helps to finance everything from stock and equipment to new projects.
- Average Interest Rate: Rates for business loans can vary between 2% and 6% per month, depending on the bank and the company's time on the market. Bank of Brazil, Federal Savings Bank and BNDES are some of the institutions that offer specific credit for companies.
- Advantages: Specific conditions for entrepreneurs, such as long terms and grace periods.
- Disadvantages: Requires business plan and additional documentation for feasibility analysis.
Loan for Property Purchase (Real Estate Financing)
Real estate financing is aimed at those who wish to purchase a property. The asset purchased serves as collateral, allowing for lower rates and longer terms, ideal for high-value purchases.
- Average Interest Rate: Rates are between 0.4% and 1% per month. Federal Savings Bank, Bank of Brazil and Bradesco are among the main banks that offer real estate financing in Brazil.
- Advantages: Long terms and adjustable installments, which makes it easier to pay over time.
- Disadvantages: Requires long-term planning, as financing can last up to 30 years, in addition to a significant initial deposit.
Find out how to finance 100% of the value of your property
Loan for those with bad credit
For those with a negative credit rating, there are specific options, although the rates are generally higher. Banks such as BMG and Federal Savings Bank They offer some alternatives, mainly with secured or guaranteed credit.
Typically for this profile, credit secured by a vehicle or property guarantees the lowest possible rates.
- Average Interest Rate: Rates may vary from 5% to 12% per month, depending on the modality and the client’s profile.
- Advantages: Provides access to credit for those with credit restrictions, often with easier approval for loans.
- Disadvantages: Interest rates are higher due to the risk of default, and some modalities require collateral.
Loan with Cell Phone Guarantee
Receive up to R$2500 in up to 30 minutes. Ideal for those looking for speed and ease!
Loan with Vehicle Guarantee
Take advantage of the lowest rates on the market with Creditas! Ideal for those who have a vehicle and are looking for credit with reduced rates.
Caixa Payroll Loan
Payroll deduction loan for civil servants and retirees. Easy and hassle-free credit.
Loan with Pan Vehicle Guarantee
Rates starting at 1,69% per month. Great option for those who own a vehicle and want credit with advantageous conditions.
