Fewer and fewer we hear people talking about payment by checks and even cash. The card became a major consumer ally in the debit and credit functions and thus the slip was losing that space in the wallets. But there are still those who look for personal loans by check and we will explain what kind of credit this is whether it is worth it or not.
Personal loan with check
Personal loan with check is a type of credit that is usually indicated for people who do not have checking account. The installments of this type of loan are paid with daughters of checks that are already delivered at the time of hiring.
This means that if you take out a check loan to pay in 12 times, for example, you must hand over the 12 completed check sheets already at the time of the closing of the deal.
In general, personal documents such as RG, CPF, proof of income and proof of residence are requested, but this varies according to the financial.
The pre-dated check is a verbal agreement, not actually existing. This means that when making a loan of this type the consumer cannot be fully guaranteed that the debt will occur only on the due dates. In addition, it is possible that the check ends up in the hand of others and causing headaches.
Always remember, a check is a cash payment order. This means that it must be paid by the bank when submitted, regardless of the date of completion.
It is also worth noting that if the check is discounted and there are no funds in the account, it may be protested and in this way the consumer will have his name denied on credit bureaus, such as SCPC, Serasa, etc.
To make an online personal loan application it is necessary to have a checking account to receive the amount to be hired. In addition, in the loan application in, the borrower must prove his income, which includes the sending of bank statement of the last 90 days.
If you are looking for a personal loan with check because you do not have a current account, we suggest opening a basic checking account at a bank of your choice. This account is free and includes basic services standardized by the Central Bank of Brazil.
Posted on May 16, 2018 at 03:17 PM