Nubank loans will still be available. Here's how to get one.
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Nubank is a well-known personal credit line in Brazil. The most popular bank loan in the country can be taken out through the app easily and without much bureaucracy.
Customers have up to two years to pay off the debt, with a three-month grace period for the first payment. Interest rates are adjusted according to each client's profile.
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The fintech application has a simulation function that will show the user which loans they are entitled to, according to their personal profile. The application also includes all interest rates and IOF (mandatory tax) in the Total Effective Cost (CET).
To hire someone, follow these steps.
Nubank offers personal loans to its customers, and the entire contracting process is done online. See the link for the step-by-step guide:
Access the Nubank app;
Click on the “Loans” menu;
Choose the “New Loan” option and inform the reason for taking out the loan;
Enter the amount you want to contract and how many times you want to pay;
Check all the details in the simulation, such as interest and the total value of the contract;
If everything is in line with what you are looking for, confirm the hire.
The amount drops into the digital account within a few minutes. When paying the installments, the user can choose between automatic debiting of the digital account or generating a payment slip.
The amount drops into the digital account within a few minutes. When paying in installments, the user can choose to automatically debit the digital account or generate a bill.