Learn more about Credit Loans.

When someone needs money to, for example, renovate their home, invest in their own business or cover medical expenses or unexpected occasions, one solution is to turn to bank loans. However, interest rates can be very high, and if the person for some reason is unable to pay, they may end up losing their finances and getting into even more debt.

For this reason, Creditas offers the option of a secured loan to its consumers, also known as refinancing. It works as follows: the applicant uses an asset he owns, such as a vehicle or property, as collateral for payment of the loan.

By offering a guarantee, the risk of default is lower, as the person is also assuming a risk, not just the institution.

In this way, with the guarantee of receipt, Creditas is able to offer an interest rate equivalent to one fifth of the amount normally charged in the market, lending higher amounts and with a longer payment period.

Rates are defined according to each client's profile and budget and the loan can be paid off at any time. Creditas does not request any advance amount or charging fees for the service.

To ensure more convenience and agility in the process, everything is carried out online, from ordering to service and credit operations. In addition to the website and email, there is also the option to contact us by telephone.

How does the Creditas loan work?

First, you need to register on the website with your personal data to request a loan. After the request, the company presents a personalized proposal for your needs, and if the registration is complete and passes the analysis, a consultant will contact you.

Next, within a period of up to 1 business day, the analysis process will be carried out, in which Creditas requests more information and forwards the proposal for credit evaluation. Finally, if your loan is approved, the company will assist in the formalization process until the requested amount is released.

If the asset placed as collateral was the vehicle, the deadline for receiving the loan is 2 to 5 days after the request. On the other hand, if the guarantee is made with a property, this process takes longer, and the amount will only be in the account within 4 to 8 weeks.

Check below the deadlines, minimum loan amount and the rate for each product placed as collateral:

Property under warranty

• Minimum value: R$ 30 thousand
• Rate: From 1,09% per month
• Term: 60 to 180 months

Vehicle under warranty

• Minimum value: R$ 5 thousand
• Rate: From 1.69 per month
• Term: 18 to 60 months