One of Brazil’s most planned capital cities, Curitiba, has an extremely rich investment and credit market. See here in this text how you can enjoy the best that the city can offer in this segment.
Whether in personal loan, loan payroll or other credit, Curitiba has a broad market companies operating in the sector. However, understanding which format best fits your goal may not be an easy task.
Therefore, we decided to make it easier for you, bringing together, in this text, the forms of lending in Curitiba and the differences between traditional banks and fintechs.
Understanding this is the beginning for you to make the best choice when deciding which company to apply for credit. After all, nobody wants to have headaches right now, right?
Loan Forms in Curitiba
Traditional Banks : In the city it is possible to make loans in traditional banks. As it is a capital city, it has a wide range of opportunities in this loan format.
However, lending rates reach up to 7.26% per month, according to Total Cost Effective Rates (CET) data – averages obtained from the Central Bank website, which can cause extremely high interest rates if you are unable to pay any of the installments. .
Financial : they are also present in Curitiba, enabling a wider range of options.
Finance companies tend to have slightly more flexible criteria compared to traditional banks, which attracts many people who may not have been able to get credit approval at larger institutions. However, as conditions are eased, it is common for interest rates to be slightly higher.
Online Loan : Another format is the online loan, which is growing and becoming stronger in the market.
This is because it has the lowest rate and, depending on the mode, offer incredible advantages for the applicant with less bureaucracy . Companies like Buzzcredi, for example, work with the secured loan (EGI) and the rates are from 0.99% per month, much lower compared to market rates.
Lending institutions in Curitiba
Several companies offer credit to the people of Curitiba in person and more traditionally. In most cases, banks and institutions are in the city center and serve almost the entire population.
Traditional Bank Loan vs Buzzcredi Loan
It is extremely important to understand the differences between a loan with traditional banks and a loan with Buzzcredi as they are felt in your pocket while repaying installments.
If we compare the rates of the secured loan, the EGI, with the 4 types of credit offered by banks, you can see the differences:
When it comes to interest rates per month, Buzzcredi’s EGI gains skyrocketing from other products with 0.99% + IPCA versus up to 17.43% of the revolving credit card.
In addition, EGI’s annual interest rate is 14.71%, while other banks range from 41.70% to 587.65%.
We have prepared an infographic with all the differences between the EGI and the traditional banks that explains the maximum terms for each modality, the volume of credit and also provides details about interest rates.
Another difference is that with Buzzcredi, you have less bureaucracy . After credit analysis, the money falls into your account within 10 days and you can use it any way you want .
Buzzcredi in Curitiba
For those who want a loan in Curitiba, Buzzcredi may be the solution and we are closer than you think.
We are a Curitiba-based company based in the city center: we are inside Shopping Estacio, one of the city’s sights and easily accessible place.
However, to apply for a loan with us, you don’t even have to leave home. Just visit our site, run a simulation and once approved, the money falls within 10 days in your account.
You can do a loan simulation here and close the best deal for your pocket!