It is becoming easier to apply for a Personal Payday loan online , without the need to travel to the bank branches. The request can be made at any time, from your own cell phone.
With this, you have card to install in-store purchases and outlets and cash out up to 95% of your limit , to supplement your income.
Online Personal Payday: how does it work?
The Personal Payday loan works similarly to a regular credit card, making it a great option for anyone who wants a credit card, to make purchases or withdrawals, without paying annuity.
In this type of card, the minimum payment amount of the invoice is discounted by the public agency, the salary or benefit of the applicant. Therefore, the consigned card is directed to those who have a monthly fixed income , that is, public servants, retirees and pensioners of the INSS.
In addition, according to the Central Bank, the value of the parcels of the card can not exceed the assignable margin of the applicant. That is, in order to avoid over-indebtedness, only 5% of your monthly income can be compromised.
How to hire?
Currently, banks have invested in websites and applications, making it easier to employ contracted card methods . Thus, it is no longer necessary to face for hours the service queues at the bank branches. It is possible to place the request directly on your mobile phone from the comfort of your home.
With the comparative table below, it is possible to analyze some of the main differences between requesting online and face-to-face payroll.
Advantages of hiring the consigned online card:
Available for denied : There is no credit analysis for consigned card approval. Thus, even those who are negative in the market can request the payroll online without worrying about bureaucracies.
Low interest rates : Since banks have a greater guarantee of the minimum payout on the payroll of the consigned card, the interest rates are up to 3 times lower , compared to the interest of a traditional credit card.
Non-Annuity : Banks and financial institutions usually do not charge annuity fees for the consigned card. So, unlike the conventional credit card, you get exempt from these fees, which can reach up to $ 300 per year.
Now that you know how you looked at comparing banks that offer a consigned online card, find out the 7 reasons why it is worth asking for the service .