Personal credit is most often used by those seeking a debt transfer with lower interest rates or a reduced repayment term. But did you know that it can be used on other occasions as well?
LoanCo outlines below other reasons why taking personal credit may be more beneficial:
Personal credit in new business!
Wishing to undertake but not sure how to get started? Or do you need a financial push to start your own business? Personal credit is one of the main allies for those wishing to build new business. When in doubt about which line of credit to choose? Personal, payroll or guaranteed? We have prepared a post indicating the main lines of credit and which is the most ideal according to the reason. Click here and read in full!
Planning the vacation? Retire Credit Card
If you already follow our blog, you already know that the credit card has the highest interest rate in Brazil. Yes, it is over 450% a year, you know? So why not take personal credit and retire the card for the next vacation? That way you would still avoid the IOF and charges for operations made on international travel, for example.
The dream of plastic surgery
Who never wanted to change something in the body? Whether it’s a rhinoplasty (nose surgery) or even liposuction to get rid of localized fats. Not all cosmetic clinics have funding for surgical procedures, but personal credit can be a great choice here too!
The party you always wanted to have
Planning the 15th birthday party or your wedding? Both parties, most of the time, demand a high amount, which we do not always have at the moment. Therefore, to help close the party budget, consider personal credit.
Wanting to renovate the house?
Thinking of changing the color of the living room wall? Needing to enlarge the kitchen? Will the baby be born soon and a room makeover required? Investing in our home is a long term investment and one that sometimes catches us by surprise as well. So, how about a personal loan to get away from the interest on construction or financing houses?