Personal Loan Easy Low Interest and Default
There are many different types of easy personal loan that meets the cash needs in times of emergency, usually the “easy loan” is available 24 hours a day giving the contractor the ability to request it when they find it best. Depending on the financial conditions of the client, the bank or financier releases a series of credit lines that access is fast and without bureaucracies, it being up to the applicant to simply opt for the modality of loan that converges.
What many end up forgetting is that when deciding to “get an easy personal loan”, the interest rates, advantages and conditions of each type should be taken into account. Some easy loan lines have higher rates, others a little more affordable.
Another important factor is finding out whether or not you can repay repayment installments, taking a loan can not and should not be made based on emotional decisions and in a disorganized way, if done with caution and responsibility, easy loan guarantees the solution of many problems in the financial area, however, if poorly planned consequences are unlikely.
The easy loan has made many casualties, so much is that the number of consumers who have become defaulters and had their names included in the SPC (Credit Protection Service) has been increasing steadily month after month.
According to information from CNDL (National Confederation of Shopkeepers) and SPC Brasil, the reflection of the ease of obtaining credit and easy personal loans and reduced interest rates contributed to the increase in delinquency.
The Central Bank also released data where it was pointed out that loans facilitated to individuals had an increase in the concession in the order of 13% over the same period last year.
According to SPC Brasil economist, “With easy credit and basic interest rate operating at a record low of 7.25% a year, we have a more than conducive environment for term purchases. However, the exaggerated consumption combined with the lack of planning have led families to become indebted, “explained Ana Paula Barros.
Despite high defaults because of easy personal loans, the consumer is also more concerned about taking out debts and keeping his name clean in the marketplace and honoring his financial commitments. With the receipt of the 13th salary and some Christmas bonuses, many have sought Serasa Experian and SPC Brazil behind creditors to negotiate past due debts