Month: July 2019

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Can you imagine asking for money and receiving it instantly? In that case, the financial product that interests you is instant credit.

In Shively, we are delighted to help users in everything they need, and we want you to have the money you need as soon as possible. For that reason, we want to confirm that it is possible to hire an instant loan.

Instant payday lenders: Get on with your application

An instant payday loan is a financial product that is characterized by being fast. The fact that it is received faster than normal, could lead to a higher interest payment, but with the difference that you can dispose of the money very urgently, to face any unforeseen event.

Through this product, you can get liquidity very quickly, in just a few minutes and with the maximum agility possible.

you can try PaydayNow, we don’t want economic emergencies to be a problem for you, so if you have suddenly had any unexpected situation and want to solve it as soon as possible, the best alternative you can opt for is instant payday loans.

 

Advantages of instant credit

Instant Loans are all advantages for users who need money as soon as possible. Which? Comfort, speed, tranquility … is a way to have a mattress at the moment and a certainty that everything will work out because a third party can support you financially.

It is especially interesting when you need to settle a debt to avoid an increase in interest. So many people request this product to deal with another loan.

Without a doubt, it is the best product that can be chosen in these cases and in Shively we want you to access it. So if you want to choose the best option, visit our comparator where you will find all the necessary information to make the best decision.

 

Apply for instant credit, now!

The consigned credit card is the one that unites the functionalities of the traditional credit card with the characteristics of the payroll.

That is, you can use it to make purchases and install them, both in physical stores and online. In addition, the Personal Payday Card has low interest rates and can be released to anyone who is negatived in the market.

Understand better what is the consigned credit card !

How does the  Card work?

The Card consigned card has the same basic features of the common credit cards. However, the difference between them is that the  Card can be requested exclusively by public servants, retirees and pensioners of the INSS, since they are people who have a monthly fixed income .

This is an important requirement, since it is related to the payment of the card, since the Personal Payday Card installment amount is automatically deducted from your salary / benefit. This debt is limited to up to 5% of your monthly income, according to the assignable margin.

Before the automatic discount is made, an invoice with the amount used on the card is sent to your address. You have the option to pay the full amount of the invoice, which eliminates interest rates. But, if payment is not made, the amount will be deducted from your monthly income.

Consignable Margin : It is the maximum limit of monthly income that can be used for the payment of the card and the payroll loan. To know more information, see the post: Margin Consignable: What is it and how does it work?

Interest rate

The Personal Payday Card interest rates reach about 3.0% per month and up to 5 times smaller compared to traditional credit cards. This is because the bank has a greater guarantee that the installments will be paid, since the amount is automatically charged to the customer’s monthly income.

Limit transfer

The Personal Payday Card allows you to transfer up to 95% of your card limit to the account in which you receive your benefit. It is important to say that you can request as many transfers as you wish, without paying additional amounts for the service. In addition, you can withdraw money at any ATM in the 24Hours network.

To know more about how the transfer of the consigned card limit is made, check the post: Complementary withdrawal: What is it and in what situations do I request it?

Can Negatives Request the Personal Payday Card?

Yes. Those who are denied can request the Personal Payday card, since the value of the invoice is deducted from the salary / benefit of the customer. Therefore, it is not necessary to consult the SPC / Serasa, which also reduces the bureaucracy of the operation.

Lender Insurance

When applying for the Personal Payday Card, you can include the Lender Insurance, which guarantees the settlement of the remaining portions of the card in case of death or disability of the client.

It is important to say that the Lender Insurance is not something obligatory, the client has the option of hiring him or not. If requested, the fee will be charged once a year, directly on the Personal Payday Card invoice.

International Card

The Personal Payday Card also has the international function , being possible to use it in establishments abroad and in international sites. In addition, you can withdraw the card limit at 24-hour Cirrus Network ATMs available worldwide and use whatever amount you prefer.

Personal Payday Card My Time

Personal Payday Card My Time is a service that allows you to customize the card with the symbol of your soccer team. With it, you have access to discounts for purchasing licensed shirts from your team. When you use 50% of your card ‘s limit on purchases or withdrawals, you receive an official team shirt.

Mastercard Program Astonishing

Surprise Mastercard is a program in which you earn points when you make purchases with your Personal Payday Card. Each purchase equals one point and you can redeem them for products in stores such as Avon, Outback Steakhouse and Habib’s.

To participate in the program, simply register on the website of Mastercard Surprise and register data such as full name, email, CPF, zip code and Personal Payday Card number.

I want to know more

Now that you know what the Personal Payday Card is, it is important to use it carefully because even if interest rates are low, they increase the final value of the loan.

In addition to Personal Payday, other banks offer payroll deductible credit cards. Find out the best in the post: Find out now which is the best Consigned Online Card!

Credit Analysis – How Does It Work?

July 2, 2019 | Credit | No Comments

When you lend your money to a friend or family member you do not get to do a credit analysis, but always expect to receive it back. Right?

APPLY FOR YOUR PERSONAL LOAN

With the Banks and Financials works the same way … The difference is that usually these companies do not know the person who is borrowing money. Therefore these financial institutions perform a process called by credit analysis.

Credit Analysis – How is it done in banks and financial?

The credit analysis usually has 5 phases:

1) Application for Cadastral Data: Normally, your registration data begins (as you are the one who is borrowing money). The most important at this time is to truthfully inform all requested data. In addition to your identification data such as Name, RG and CPF, date and place of birth, name of the father and mother, companies that are giving the credit need to know their contact information (telephones, email and address), data about their how to earn money (occupation, income and employer) and data about your spouse when you are married. Some personal and professional references will be required for your primary data to be confirmed. Other information on the possession of some goods and means of payment are also common in the registration forms.

Analysis of restrictions on your behalf

2) Analysis of restrictions on your behalf : Based on these data the financial institution starts the credit analysis and verifies if there is any payment pending both with the institution itself and with other creditors by consulting for this the famous negative records of Serasa, SCPC or others.

3) Analysis of your credit profile : In addition to this analysis, the institution assesses if your credit profile fits the profile expected by the financial through a statistical technique called Credit Score (score your data).

Analysis of the commitment of your income

4) Analysis of the commitment of your income : If everything is correct, the next step of the credit analysis will be the evaluation of your ability to pay where it is usually checked if the requested loan amount “fits in your pocket.” For this, banks and financiers generally consider that the installment can not exceed a percentage of their salary. This proportion varies between institutions and sometimes between person-to-person within the same institution, but is usually between 20% and 30% of the sum of their income.

5) Analysis of your documents : Finally, the institution will request your identification documents (RG and CPF) and proof of income and residency, and you can also make some cadastral checks with the proponent and his references.

In other words, to increase your chance to have your Personal Loan approved, Good Credit suggests that you provide your information correctly, use credit wisely and always be sure that you can honor your commitments.

Want to do your credit analysis without cost and without any hiring commitment? Then click the button below and start now!

 

APPLY FOR YOUR PERSONAL LOAN