Banks and financial institutions rarely grant access to any type of credit to those who are negatively placed in the market due to the high default rates to which they are subject.
Personal Payday is a modality of credit card
However, Personal Payday is a modality of credit card for negativado that does not consult organs of protection to the credit. Understand a little more!
Having a credit card in hand can bring facilities to those who hire you. This is because it is possible to use it to make purchases and install them in stores and shops. In addition, you can also make purchases in online establishments and even abroad!
In addition to providing purchasing power , a credit card can also be an aid to emergency situations when used in moderation.
Those who are negativado in the market will surely find it difficult to request any type of credit. Including a credit card. That’s because, statistically speaking, this is a risky operation for financial institutions due to high default rates . As a result, it is difficult for banks to grant access to this benefit to those who are registered with bodies such as SPC and Serasa.
In some cases, the person has already managed to regularize the name in the market, removing all the debt. Even then, you may still find it difficult to apply for a credit card. Because, because of the negativity, the person gets a low CPF score. This practice is also known as Credit Score , which can be a decisive factor for financial intuitions to give credit or not. However, for those who are in default or with a low score and want a card, Personal Payday can be your best option.
Personal Payday card: what is it and how does it work?
The consigned card is a credit card modality directed to public servants, retirees and pensioners of the INSS. With it, you have access to the same basic features of a traditional card. But it has more advantages: The interest rates are lower, the minimum payment is made easier, your name will not be inserted in SPC / Serasa and you do not pay annuity. It’s a lot of good stuff!
What’s more, in addition to the traditional credit card function, you can transfer up to 95% of the limit available on your credit card directly to your account. And you can request the transfer, also called supplementary withdrawal, at any time, as long as there is a limit available. Thus, you can use the amount for any purpose, whenever you want, since no fee or extra fee will be charged for the provision of this service.