When you have some restriction on the name it becomes more complicated to get financing or loan. Most companies do not lend money to anyone who is negatived. Despite this, other companies or situations work with this type of loan.
The best option is to always get rid of these restrictions as soon as possible, but if you need a loan and do not know how to clear your name, check out our suggestions:
Here’s how to get a loan if you’re negative.
Loan options for someone with the dirty name
Online Personal Loan
Some companies make loans for negatives and no big bureaucracies. Everything is done online and once the loan is approved, the money falls into your account quickly. Check out two companies that offer services for negatives:
The company has a lot of flexibility and speed in the negotiations. But, the interest rate are high, rotating around 15.9% a month. And the loan amounts vary between R $ 500 and R $ 3500, with installments of up to 12 months.
Refinancing of property
If you own property like real estate or vehicles, it is possible to offer these assets as collateral at the time of applying for a loan. It is worth mentioning that in case you can not afford the installments of the loan, the lender can take your vehicle or property.
Some requirements are made to apply for the loan under these conditions, which is to have the property or vehicle removed, which are registered in the name of the applicant for the loan. And depending on the financial institution that is performing the loan, it is required that part of the amount be used for the payment of debts.
It is important to mention that giving these goods as collateral for repayment of a loan does not guarantee that it will be approved. It is more advantageous for those who have a property or a newer vehicle because the values obtained will also be higher. In this modality, the interest rates, in general, are smaller.
Pledge your assets
For those who need money quickly, the attachment of goods (jewelry, watches, pens) is a good option. There is no type of analysis, proof of income or any other bureaucracy. You leave your property as collateral and receive some of the value in return.
But be careful with this type of loan, since the payment deadlines are short (between 1 and 4 months) and if you do not pay what you owe, you will be left without your good. Therefore, when choosing to pawn some good, be sure of what you are doing.
This is a good alternative for those who are working and have the name denied. In the case of consigned loan, the installments are directly discounted on the payroll. Hence, interest rates are lower as the payment guarantee is higher. But if you lose your job, you must repay the debt the same way.
You may be applying for a loan to pay off more expensive debt, but it is important to pay attention to a few points:
- You will need to prove your income when applying for the loan;
- Interest rates will be higher than for non-negative;
- The values offered are smaller.