How does a personal loan with a payment plan work? Find out everything!
Need cash and want to get things done quickly, but don't want to debit your account or pay with a card? A great option is a personal loan with a payment plan.
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When we need to raise money quickly and safely, the best option is a personal loan. There are currently several financial institutions that offer quick and easy credit.
However, most institutions debit installments from a card or account, making access to credit difficult for people who do not have accounts or cards.
With that in mind, there are financial institutions that offer personal loans in installments!
You may be surprised, as the carnet is a very common form of payment for purchases, but not so common for financial transactions.
But that's it! Want to know how this payment method works? Keep reading and find out everything!
What is an online personal loan on a booklet?
An online personal loan is a type of credit where the process is carried out virtually, including simulation, credit assessment, signing of the contract and deposit of the amount into the beneficiary's account.
There are several ways to pay your loan installments, such as direct debit and payment slip.
However, if you don't have an account or don't want to set up automatic debit and don't want to worry about the bill arriving every month, you can choose to pay the loan using a payment plan.
How does a personal loan work on a payment slip?
When you choose to pay via installment plan, you receive all bills with pre-defined due dates, so that payment is made once a month, on the chosen due date.
Therefore, there is no need to contact the company to request the invoice every month, or wait for the invoice to arrive.
With this payment method, your CPF is linked to the purchase and will appear on all invoices. If payment isn't made on time, interest will be charged, which can be quite high.
And, just like installment payments via card, if the payment is not actually made, the buyer's CPF may be negatively impacted by credit protection agencies.
Where to apply?
The personal loan market has numerous companies, with different interest rates and payment facilities.
That's why it's crucial to do your research before signing a loan agreement. To make this easier, we've selected four excellent options that accept installment payments and offer other benefits.
Personal Loan on Good Credit Booklet
How does it work?
Bom pra Crédito is a banking correspondent that provides personal loans through its more than 30 partners.
When you request a quote, Bom pra Crédito searches the rates of all the financial institutions they partner with and sends you the best offers within 5 minutes.
However, the financial analysis response time is up to 2 business days and the time for the money to enter the account after signing the contract is 48 hours.
Not all Bom pra Crédito partners offer payment via installment plan. Therefore, before signing up, inform the agent that you wish to make payments using this option.
What are the advantages?
Speed
The process is quick and efficient. This saves you time searching for quotes and offers interest rates starting at 0.75% per month, very competitive rates compared to its competitors.
There is a possibility of credit for those with bad credit
Another advantage is that it works with financial institutions that provide credit to those with bad credit, facilitating debt repayment and allowing these individuals to remove their CPF from the list of credit regulatory agencies.
Read also⤵️⤵️⤵️
Availability to consumers who do not have proof of income!
Bom pra Crédito also facilitates credit for people who do not have proof of income, such as self-employed individuals and independent professionals. In these cases, credit analysis is based only on the customer's good payment history, through their Score.
H4 How to apply?
To request a credit analysis you need to log in Bom pra Crédito website, enter the amount you want, how many installments you want to pay, your full name, your email and click on “I agree to receive communications from Bom Pra Crédito by email, WhatsApp and SMS”.
You will then be directed to the following pages where you will provide more information about your request.
Before starting the process, prepare your personal documents and be aware that they will ask you several questions, such as your assets, where the loan will be used, and more. But rest assured, these questions are designed to define your financial profile and find the best offer for you.
After creating your financial profile, the company will search among partner financial institutions, analyze all offers found, and select only the best options based on your profile.
They will then contact you to inform you of the best solutions found, and you can choose the loan that makes the most sense for you, both in terms of release terms, interest rate, and maximum repayment term.
Important details about the personal loan in the Bom pra Crédito booklet
| Amount released | Loans from R$100 to R$50 thousand |
| Deadline for payment | In up to 120 months |
| Availability for those with bad credit | Yes |
| Release time | 48 hours after hiring |
Online Personal Loan in Losango Payment Slip
How does it work?
At Losango, you can complete the entire process virtually, meaning there's no need to go to a physical store to apply for a loan.
Yours credit can be paid in up to 36 installments and without using your card limit. Each customer has a different interest rate, according to their profile.
However, there is no guarantee that you will be able to pay your installments using a payment slip if you complete the entire application process online.
To protect yourself, talk to the attendant and inform them that you want to pay the loan in installments..
You may need to do the entire process or part of it in a physical store.
What are the advantages?
Availability for those with bad credit
Just like Bom pra Crédito, Losângo also offers credit for whom is negative, in a simple and bureaucracy-free way.
No proof of income required
Losango also doesn't require proof of income, making the process easier. After all, even if you have formal proof of income, the fewer documents you need to gather, the faster the transaction will be, and the sooner you'll have the money in hand.
Up to 60 days to pay the first installment
Another very interesting advantage that Losango offers is the grace period to start payment, as you only start paying 60 days after signing the contract.
How to apply?
To apply for a personal loan you must first log in to Losango Platform and run a simulation, entering the amount you want, your CPF, date of birth, email and cell phone number.
You will also need to have your driver's license or identity card, proof of residence and the details of your bank account where the credit will be credited.
After completing the request, you must wait 2 business days to receive the credit analysis.
After the credit analysis, someone will contact you to finalize the contract. Once the contract is duly signed, you must wait another two business days for the funds to reach your account.
If you prefer to pay using a payment slip, you will need to inform the attendant at the beginning of the process. They'll walk you through the steps. However, you'll likely need to visit a physical store to choose this payment option.
Important details about the online personal loan in the Losango booklet
| Amount released | Loans from R$500 to R$50,000 |
| Deadline for payment | In up to 36 installments |
| Availability for those with bad credit | Yes |
| Release time | 2 business days after hiring |
Personal Loan on Pernambucanas Payment Slip
How does it work?
The Pernambucanas personal loan is ideal for those who need quick cash. Visit one of the physical stores, You can withdraw up to R$5000 and pay in up to 15 installments on the installment plan.
You leave the store with the money and the payment slip, that is, with all the bills already printed and stapled, with the due date for each installment.
If you want to take out a loan online, without leaving your home, you need to have the Pernambucanas card. In this case, payment will not be made via installment plan, as the installments will be debited directly from the store card.
- Also know ⤵️ ⤵️ ⤵️
- 👉“Pernambucanas Elo Grafite Credit Card”
What are the advantages?
Cash in hand immediately
The main advantages of the Pernambucanas personal loan is that if everything goes well with your approval, you leave the store with the money in hand, without having to wait for the release period.
No need to prove income
At Pernambucanas there is no need to prove your income, as the evaluation is entirely based on your Score.
Proof of residence is also not required, further simplifying the hiring process and eliminating unnecessary bureaucracy. However, there is no loan option for people with a negative CPF.
How to apply?
There are two ways to apply for a personal loan. You can go to a Pernambucanas store with your CPF and photo ID, speak to a representative, and state the amount you want and how many installments you want to repay.
Another way to apply for the Pernambucanas personal loan is through Pernambucanas Card application. If you already have one Pernambucanas card, You must download the app on your cell phone and log in with your personal information.
There you should look for the option of personal loan and inform the amount you want and how many installments you will pay.
Important details about the personal loan in the Pernambucanas booklet
| Amount released | up to R$ 5,000.00 |
| Deadline for payment | up to 15x |
| Availability for those with bad credit | No |
| Release time | Instant money |
Personal Loan on Magazine Luiza Payment Slip
How does it work?
Like Pernambucanas, Magazine Luiza offers personal loans in two forms: in person, payment for which can be made by means of a payment slip; and through the Magazine Luiza card, whose payments are debited directly from the store card.
Interest rates, terms, and amounts available are customized according to your financial profile, income, and score. Therefore, the higher your score and the better your payment history, the better the rates available to you.
What are the advantages?
Up to R$30,000.00 loan
The advantages of Magalu's personal credit are the amount released, which can reach R$1,000,004.
Up to 60 months to pay
The installment period and the payment period, which can be made in up to 60 installments.
Payment via booklet
Another great advantage is the possibility of making payment using a payment slip.
How to apply? H4
To request a loan from Magazine Luiza, you must go to one of their physical stores throughout Brazil or contact them using one of the phone numbers below, within the specified time period.
📞 3003 3030 (Capitals and Metropolitan Regions)
📲 (011) 3003 3030 (Other Locations – Call via Cell Phone)
📞 0800 720 3030 (Other Locations – Call via Landline)
Opening hours: Monday to Saturday from 6am to 10pm.
Important details about the personal loan on the Magazine Luiza H4 booklet
| Amount released | Loans from R$1000 to R$ 30 thousand |
| Deadline for payment | Up to 60 months |
| Availability for those with bad credit | No |
| Release time | The release time is according to the contract value. |
So, what's the best option for you?
Now that you know four options that offer personal credit with payment via installment plan, you can compare them and find out which option is best for you.
Don't hesitate to compare, as this way you will find the cheapest option that best suits your needs.
Continue visiting our website and staying up to date with the latest news and comparisons on the financial market, credit cards, and loans. We have a dedicated team and are always finding the best deals for you.
Our goal is to review services and products and make your life easier.
