The majority of personal loans are paid out in installments. Few people know about it, as it's not always the most popular type of loan. Institutions where the client is the account holder don't usually lend to account holders.
In this case, the payment is debited directly from the account. But the fact is that the vast majority of personal loans can be paid in installments. In fact, they can be paid by installment plan or boleto, depending on the client's wishes.
If this is your wish, the first thing you should do is check with your bank or accepted financial institution. Where applying for a loan offers this payment method, if you want this option, all the steps below work in the same way as applying for a payroll deduction loan.
Learn about the best intuition for a carnet loan
How does the installment or boleto loan work?
Carnê loans are available from the country's main financial institutions and work as follows:
You will see a series of installments where you can see the amount to be paid and the number of installments indicated in relation to the total.
Thanks to the carnet, you pay the monthly installments of the loan both by barcode and online to your bank.
What is the difference between boleto and carnê?
There's practically no difference. A boleto is a complete set of boletos, while a carnê is a set of boletos with barcodes on which you already know the number of installments and the fixed amounts.
The adaptations are different printed and stapled sheets so that the customer can pay off their debt every month.
Many customers prefer to pay in installments because it is easier to see the remaining installments and they can also save parts of the fees already paid, which are the proof of payment.
But from a more bureaucratic or technical point of view, so to speak, both are the same.
Is the Carnê loan safe?
In addition to the different types of loans or credit, some may be unsure about the installment loan.
As the carnê is issued by a financial institution that lends money to the customer, it should ideally have credibility in the market.
A tip to avoid future worries is to consult the Serasa website where financial service providers are rigorously evaluated and only after approval are they linked to the platform.
This can be an interesting option to avoid future problems.
Whether you choose a boleto loan or a payday loan, it's a good idea to do a lot of research before taking out a loan.
This is because the fees charged differ significantly between the various institutions.
You must be at least eighteen years old to take out a personal loan. Your CPF must be up to date and you must also have proof of income. Some institutions have credit limits for people with a negative credit rating, but they can't necessarily approve you on the spot.
*Search source: serasa
