Due to the pandemic, many companies and self-employed workers had to reinvent themselves to keep working and pay the bills. Thinking about it, the Bank of Brazil began to provide a type of loan for negatives.
Furthermore, according to data from the Accounting Journal, about 30% of the Brazilian population has a dirty name in Serasa or SPC. Therefore, today we are going to talk a little about how the loan for negatives from Banco do Brasil.
About Banco do Brasil
O Banco do Brasil SA is a financial institution belonging to the Federal Government of Brazil. Founded in 1808 in Rio de Janeiro, it currently has several agencies spread throughout the national territory.
How does the loan for negatives from Banco do Brasil work?
For those who have a bank account at Banco do Brasil, the company offers several loan options and the most recent is the loan for negatives.
However, the loan is deducted directly from the payroll, with interest and fixed installments. For this reason, it is more difficult to delay the payment installments, since every month this amount is deducted directly from the payroll.
How to apply for a loan from Banco do Brasil?
To apply, the customer must have a checking account at Bank of Brazil and you must be over 80 years old, as the loan is intended for retirees, pensioners and civil servants.
Or else, if the company you work for has an account on BB, it is possible to ask HR about the financial services offered to the company to find out if the loan can be released.
What are the advantages of the loan for negatives from Banco do Brasil?
One of the main advantages of this type of loan, is that it is a way to get money to settle or pay overdue debts.
However, the disadvantage is that the loan amount is already deducted from the payroll, which can cause some surprise when receiving payment.
However, it is a great way to avoid delays and, in addition, the interest and fees of this type of loan, better known as a payroll loan, are more accessible than in many companies.
Which can make it a little difficult when requesting a loan for negatives from Banco do Brasil is that it is necessary to meet certain requirements for the credit application to be approved.
Fees and Interest
O loan for negatives from Banco do Brasil has interest between 2.5% to 3.5% per month depending on the number of installments.
Therefore, it is worth researching and assessing whether this percentage charged by the bank cannot harm your budget.
services
In case of doubt and for more information about the loan for bad credit Bank of Brazil, visit the website or contact us at 0800-729-5285.
