In times of economic crisis, there are not many Brazilians interested in knowing how to get money fast. If this is your case, check out our tips and find out 8 ways to increase your monthly income quickly:

Sell things you no longer use

Virtually everyone has things that they no longer use at home: old toys, clothes, shoes, CDs, DVDs, gym equipment … What is no longer useful for you, can serve someone else and, . Advertise on internet classifieds, organize a bazaar along with friends or look for specialty stores to sell things that you no longer use.

Sell Crafts

If you are in the group that has skill to create craft pieces use this gift to your advantage and earn extra money. Porcelain paintings, mosaics, mandalas and cushions and fuxico are among the choices of items you can make and sell. It is possible to offer your parts to specialized stores or sell online, in a blog or sites such as Etsy, which has several options for manual work.

Sell Your Hair

The natural hair market offers a golden opportunity to make money without much effort. Anyone who has beautiful, well-treated hair without chemistry and wires larger than 25 centimeters may consider cutting and selling the hair for specialized companies.

Resell products

Acting as a reseller of products is another effective way to increase your budget. The practice basically consists of buying items and then selling them for a higher price. It is possible to become a reseller of beauty products, such as makeup and perfumes; clothes and shoes; books; and even domains on the internet.

Fill in surveys online

Many companies offer online surveys to find out what their customers think about their products and services and, better yet, pay a premium for it. Look for type questionnaires and raise extra money without even leaving home. Just have access to a computer and internet.

Make money with recycling

Instead of throwing away cans and used bottles take the items for recycling. Many companies exchange the packages for a sum of money. Look for a recycling station in your city. In addition to helping the environment, you still improve your bank account situation.

Do small daily jobs

Do you have free time and want to know how to get money? Then consider doing small daily jobs. An effective way to enter this market is to seek specialized agencies in this type of activity. It is possible to work as a promoter at fairs, at work and even as an assistant in soap operas and series.

Being a street performer

Do you dance, sing, play an instrument, recite poetry, or have the gift of interpretation? Take your art to the public by becoming a street performer. Make quality performances at a busy spot in your city and get paid with tips that, depending on your presentation, can be quite heavy.

How can you take out a personal loan?

Taking out a personal or payroll loan is relatively easy in most lenders who are willing to grant cash credit. There are many lenders to choose from, starting with the more traditional ones they are:

1. Private, financial and credit cooperatives
2. Correspondent banking websites, fintechs and multi-bank platforms
3. Alternative peer-to-peer lenders and collective funding with crowdfunding
4. Private lenders as loan sharks and loan companies

In addition to these options, there are online lending sites that facilitate the evaluation and approval of personal loans of various types and categories, as well as strictly online financial institutions that operate in the same way as traditional banks that are dominating the scene.

In most cases, taking out a personal loan takes only a few minutes to fill out the form and a few more to borrow the money in medium and long term installments. Many lenders, but not all, will ask for documents that prove their income, bank account and other monthly assets allow the applicant to repay their loan without any difficulties.

Although there are many lenders, not everyone is able to offer a personal loan with adequate terms, for various reasons interest and terms are locked in amounts that do not satisfy by raising the cost of the operation to insane levels. So, your goal is to focus on lenders who facilitate rather than on those who are speculating. Example:

Make a personal loan online without collateral and have to wait up to five days to get their hands on the money.

If you want to know if you qualify for any type of personal loan from any partner lender, click the “I want to receive news” button, fill out a small application with few questions for free.

What does it take to get approval for a personal loan?

Nowadays to get the approval of a personal loan, the factor having good credit and clean credit report is no longer the master key to getting borrowed money. Having good credit and clean name gives more chances to get better terms for negotiation and lower rates.

For those who are negative for example and do not qualify as a beneficiary of the INSS, it is public servant or military, will usually find a little more resistance to qualify in certain categories of financing money and property. When there is no guarantee, the creditor assumes a greater risk and the banks have much difficulty in composing these negotiations because of credibility.

Some lenders will approve a candidate only based on their credibility, while others want proof of income and other simple factors that have helped them understand whether it is worth for them to lend or not.

In this scenario, restrained people can borrow personal loans without consulting the SPC and Serasa without problems, but they should expect to pay much higher interest rates.

How many days does it take to release a personal loan?

After approval takes place, which may take a few minutes or days, this depends on the type of loan requested, the intermediary and the creditor bank, and of course, the data and information provided by the applicant when submitting the form.

If you sign up for a financial institution in person, especially one with which you have a checking account or other financial history, they can transfer the funds to your account at the time or the same day that your loan is approved. The interest rate and value of the portion of the loan varies considerably on a case-by-case basis.

If you go online through personal loan online, there are many credit companies that carry out the transaction in minutes, all 100% online and without any paperwork sending – paperless loan – the money is transferred to the account on the same day depending on the time of the request, no later than the next business day.

How to take out a personal loan over the Internet?

Absolutely true, many of the best lending companies, interest rates and terms to borrow money are now available at financial institutions that only have online presence, that is, work 100% focused on the internet.

To take out a personal loan, you first need to get pre-approval, at least some of the biggest online lenders in operation, before deciding who to borrow, they do a systematic evaluation of tens or hundreds of data to compose what deadlines and fees will be applied in a given – use up Artificial Intelligence and Big Dates.

To make this easier for you, many online presence companies have loan comparison tools for free for the user to view multiple quotes from multiple lenders with a single application or online access.

When making an online loan, preliminary approval will usually require a credit check and completion of a form. To proceed with the loan application process, wait for the return by the application itself or computer screen, email or phone.

Oddly enough, there are still lenders who need to mail additional documents, proof of income, identification and proof of residence, if you are in a hurry to take out the loan, forget it!

Can a personal loan be used for anything?

We have already mentioned this briefly, however, the money released by personal loans in general can be used for any personal purpose or commercial use. It is worth mentioning that some types of loan are released only for predetermined purpose and every approval process is based on that first.

The pros and cons of a personal loan, very enlightening content.

One of the most common uses for hiring a loan is debt consolidation. This allows the borrower to unify all payments in only, it also serves to reduce the higher interest rate or completely settle a debt.

Other reasons to make a personal loan are to pay medical bills, make small improvements and renovations in the house, finance vacations, pay the financing or loan for plastic surgery or a wedding party, etc., etc.

What are the common rates when taking out a personal loan?

Personal loans often come loaded with fees that raise the cost of credit. The two most common rates are interest and federal tax (IOF), which are percentages applied on the principal amount borrowed.

There are also fees that act as penalties: penalties for delay, arrears and charges, which are charged to the contractor if the loan is not repaid on the due date.

When making the comparison to take out a personal loan, look beyond the interest rate and make sure you understand how your credit report is and how much you might end up paying the most if you choose an unsuitable lender.

According to the Consumer Indebtedness and Indebtedness Survey (Peic), the total number of Brazilians in debt in January 2019 was 60.1%, and 22.9% were defaulters, that is, overdue accounts. Much of the responsibility for this scenario is the abusive interest rates practiced in the country, mainly by the big banks. This is one of the reasons why the Brazilian has to resort to loans. However, a significant portion lives on the informal market and does not have credit in the square.

Faced with this scenario, Financial Technologiess have become increasingly popular, offering good resources to the population. This is the case of Bankor, as you will know in this article. Here, we’ll show you how the loans work at Bankor. Check out!

What are Financial Technologiess?

Financial Technologiess are innovative companies that have appeared in the market with the proposal of uncomplicated access of the population to banking services, without bureaucracies and abusive rates like those practiced by the big banks.

The word Financial Technologies comes from English, and is the junction of financial and technology. As the name says, the great differential to achieving its goal is to use technology to offer financial services. They have offered digital accounts, with services that can be performed by the computer, smartphones or ATMs, and most have no physical agency.

The Bankor

Bankor’s proposal is to offer opportunities to the 50 million Brazilians who do not have a checking account. This slice of the population is responsible for handling approximately R $ 660 billion per year, but often can not prove income, since, in general, they are part of the informal market, and for this reason, often do not have a current account.

Thinking of this scenario, Bankor appears with the proposal to promote the financial and social inclusion of this public. Bankor is 100% digital, and proposes to offer banking services to Brazilians in a positive way with fair rates and services. They are committed, for example, to offering a credit that fits in the customer’s pocket and without charging an interest, so that the trader does not harm himself and ends up being denied.

Personal Loan at Bankor

Like all Bankor services, the personal loan is done digitally and debureaucratized. The amounts granted vary from R $ 500.00 to R $ 1500.00 and can be split from 6 to 18 times. From the website itself, it is possible to request a simulation according to the profile of each client. The more the client is up to date, the higher their score will be, and the better their loan repayment terms will be.

A loan of $ 1,000.00, for example, can be paid in 6x 214.13; 9x R $ 155.44; 12x R $ 126.64; 15x R $ 109.81 or 18x R $ 98.95. The granting of the loan is subject to analysis by registration, however, it is not necessary to prove income or already have a checking account. To do the simulation is necessary to make a quick register where they must be filled name, mobile, email and a password.

What to do with up to $ 1500.00?

A loan from $ 500 to $ 1500 may even seem like a low value to some, but it may be the next step to start a business for those people who do not have any credit.

Anyone who intends to start a small business to generate income, can make the investment that is needed with this loan amount. Whether it is to invest in the material to prepare and sell something from the food business, to invest in a smartphone that is the source of communication with its clients or even in a card machine, the loan installments can be paid with the income from the invested business.

The amount can also be used to pay off some debt and avoid restricting the name or even making a trip.

Whatever the purpose of using the money, remember to plan and ensure that the installments fit into the budget.

Financial planning

Whatever the reason for the loan, it is crucial to do a financial planning: calculate the expenses of the month and see if the loan portion fits in the budget. Even if the goal is to invest in a business, it is important to consider the chance of failure. Experts recommend that the loan installment does not commit more than 30% of the monthly income.

Make your simulation

As you have seen, it is possible to borrow from Bankor easily through the internet. Make your simulation online and plan to make sure the parcels fit in your pocket. Financial planning will help you prevent delinquency. With the money in hand, make good use!

After some time of use, it is common that the property needs to undergo renovations. Sometimes the need to tinker with construction is due to the demand for enlargement, or it may also be to finish a work that has been incomplete. Whatever the reason for your retirement, there are several loan options in the market to fund it. For some options, follow the reading of this article.

How much do you need?

Before availing the loan, it is worth making an assessment of the amount you will need. So you do not waste money on unnecessary interest, or you do not run the risk of asking for less than you need and you end up failing to complete the reform.

Everything depends on what you want to reform: is it one environment or the whole house? The value of the work, in the end, can vary greatly.

For lower values, a personal loan can solve the problem. Personal loans are usually of lower values, around up to R $ 3,000, and with installments of up to 5 years.

For larger reforms, the value can be equal to the price of a property, demanding greater financial investment, which will require other types of financing, with higher values ​​and a longer installment period.

Of course, it’s best to avoid getting into debt. Therefore, use the loan only if there is no other option. Also, ensure that the value of the installments fits into your budget. It is recommended that the amount of the debt be no more than 30% of the monthly income.

Find out now some loan options to reform.

Letter of credit SBPE – Cash

Apobank Econômica Federal offers, as a financing option to those who need to renovate or build, the SBPE (Brazilian Savings and Loan System) letter of credit.

For this type of loan, there is no need for proof of income, and installments can be debited from your checking account or payroll. There are no impediments also in case the proponent owns other real estate or financing in his name.

The financing can be paid in up to 35 years, and the amount borrowed can be up to 70% the value of the residential property or 50% of the commercial property. Apobank’s website allows the client to make a simulation online, so that you can compare with other offers and know the amount you will pay.

Banksco Loan

Banksco’s option for reforms is the CDC loan. In it, it is possible to finance up to 70% of the value of the reform, and the installment can be made up to 48 times. The minimum installment is R $ 20.00 and the first installment can be paid in up to 62 days.

Banksco allows the IOF (financial transaction tax) to be included in the financing. With this product, it is also possible to finance the installation of a water reuse system.

With this product, it is also possible to finance the installation of a water reuse system .

Maer Loan

Maer offers the Construshop for those who want to reform . To contract this product , you must be an accountant of Maer and pass through credit approval. After hired , the customer receives a card that can be used in almost 150,000 stores nationwide , within 180 days of hiring.

The term for payment of Construshop is up to 54 months. The interest rates vary from 3 to 6.01% per month, and are computed only on the amount used.

The Construshop can be hired through d Maer website at ATM or bank branch.

Credit for retirement in Banksil

Another option for those who want to retire is offered by Banksil. The Brazilian bank accountant can go to the store and use his Ourocard card to activate his loan.

In accredited establishments , the amount to be used can be up to R $ 50 thousand, and the first installment can be paid in up to 54 installments.

In other establishments, the amount released may be up to R $ 10,000, depending on the credit approval. In this case, the installment can be done up to 48 times.

Stores credit lines

Some building materials stores offer their own line of credit, tied to financial institutions. Some examples are Leroy Merlin, Telhanorte and C & C.

Leroy Merlin offers the Celebre card, with option of installment in up to 10 times without interest or in up to 24 fixed installments.

TelhaNorte offers card with installments in 10 times without interest or in up to 24 fixed installments, with 45 days to pay the first installment.

C & C offers CredCompras, with option of installment up to 12 times without interest.

Loan to renovate

To choose the best loan option to retire, check out the best interest rates and the best priced shops.