The online loan works similarly to the face-to-face loan, however, in this mode, the customer can do the entire process online, using a computer, tablet or smartphone. This is a very interesting alternative since you do not have to leave the house to compare the conditions offered by the companies, nor to contract the loan that you want.
Apply for a payday loan online
The payroll loan is a somewhat more restrictive form of credit, available only to public employees, retirees and pensioners of the INSS and to some employees of private companies. In this type of loan, the value of the installments goes straight from the contractor’s payroll – even before the money falls into the account, which gives the bank more security as to the risk of default, and with that, decreases the interest rate.
You can also hire a payday loan online, but not all credit companies offer this mode, so research before applying. get Green Start online payday loans.
Other types of loan online
There are several types of online loan that exist in the market. Understand a little more about how it works and what the conditions of each one of them.
1. Personal Loan Online
An online personal loan is the most sought after alternative of all. This is because it is usually released quickly because it does not have as many conditions as the other modalities. But it is worth remembering that this is not the cheapest online loan alternative, after all, interest rates increase when the restrictions decrease, which will make you pay a little more expensive in the end. Despite having slightly higher interest rates, an online personal loan is still more interesting than getting on the overdraft or the revolving credit card.
2. A loan with an online guarantee
The online secured loan is the one in which you receive the money and, in exchange, places a car or property that has been removed and on your behalf as collateral for the payment. This is one of the online lending modalities with the best interest rates since the good remains as collateral and if the customer can not make the payments, the bank can take it.
Just like in the case of an online payday loan, not all companies offer this type of loan, it is usually offered only by specialist companies. So, look up the search before applying.
Who can get a loan online
Anyone over 18, with regular CPF. Although there are companies that accept negatives, most online loan stores usually lend only to those who have a clean name. Moreover, depending on the online loan mode chosen, the conditions change.
It is worth remembering that even if you meet the required criteria, the release of the loan online is not guaranteed as you will need to undergo a credit analysis before having the money released.