The personal payday loan with pre-dated special check payments is the easiest credit facility to get quick and easy money without too much bureaucracy, as well as being the most democratic way of borrowing from banks, credit companies or companies specialized in the exchange of the check for money.
The main features of personal payday loan
This form of borrowing money roughly, is credit line for personal payday loan repaid in installments with the guarantee of check sheets, the applicant does not need to prove the use of the resources.
The personal payday loan on overdraft is an alternative resource to personal banking credit, in general, employees of private companies, self-employed, microentrepreneurs, co-workers, salaried employees, public servants in all spheres and retirees / pensioners of all segments can apply.
In the authorized network of banks and financials the client has to be with the name clean and without restriction. The maximum loan amount reaches 3 times monthly net income of the applicant. Do not confuse with gross income, net income is the amount received free of all discounts.
Usually only 24 installments in the majority of the financial that grant the modality. To apply for the loan by check the applicant must necessarily have in hand the exact amount of sheets to leave to the lender as collateral.
Because I say this, the overdraft loan allows for approval for clients from all walks of life, from the highest grades, to civil servants, military, and even self-employed workers without proof of income.
This financial operation strengthens itself as an alternative to balance the family budget in an emergency situation that we may be subject to at some point in life.
What’s the use
The use of the cash amount released from the personal payday loan can be to pay for any expenses, repair or maintenance of the car, pay the IPTU, IPVA or some unexpected traffic ticket, even a dental or health treatment without having to pay an own resource and commit the payment of the monthly expenses, for this is that there is the pre-dated special check loan .
It may be worth the personal payday loan with pre-dated special check to pay off credit card debts such as the debts of the credit limit on the bank that grows each day. You have installment of the loan in up to 15 months to pay without having to commit all your salary, in some institutions the term can vary up to 24 months.
Despite the facilities we must not forget that the average interest rates for personal payday loans have been constantly readjusted in most banking and financial institutions, a fact evidenced by Procon-SP, in relation to the conventional personal payday loan the average rate is around 5, 44% per month and overdraft at around 9.1% per month.
Even going through a period of stability is the fourth month that there have been increases, so if you need borrowed money and the only solution is to use the checkbook to get it, search the best financial to achieve more favorable conditions.