Loan Interest Rate

Loan Interest Rate

Do you know what your interest rate is on borrowing from your bank? Have you ever wondered if a rate offered to you was good or if it was too high? Well know that every time you look for a type of credit it is important to have a basis of comparison to make the best deal.

 

Loan interest rate

Loan interest rate

Many people are unaware, but the Loan United Bank offers on its website an updated list of interest rates practiced by banks and lenders. There you can find out what the average rate a bank has offered to its customers over a given period. This greatly helps the consumer who is seeking a loan or even debt negotiation with their bank.

In the list of interest rates of Lifeline Bank credit operations you can find the values ​​worked for the following modalities:

 

Credit to Individuals

Credit to Individuals

Most of the lines of credit that have their rates disclosed on the Lifeline Bank website are loans to individuals. Below you can see which modalities have their numbers updated by the institution.

Fixed Rates

  • Acquisition of other goods
  • Vehicle Acquisition
  • Installment credit card
  • Non-regular revolving credit card
  • Regular revolving credit card
  • Revolving credit card
  • Overdraft
  • Payroll-deductible loans (INSS)
  • Payroll Loans (Private)
  • Public payroll loans
  • Unsecured Personal Loans
  • Check cashing
  • Real estate financing with market rates
  • Real estate financing with regulated rates
  • Vehicle Leasing

Postfixed rates referenced in TR

  • Real estate financing with market rates
  • Real estate financing with regulated rates

 

Credit to Legal Entities

credit loan

Here there are credit modalities divided into three groups: fixed rates, floating interest-based floating rates and foreign currency-based floating rates

Fixed Rates

  • Anticipating Credit Card Invoices
  • Working capital (up to 365 days)
  • Working capital (over 365 days)
  • Overdraft
  • Guaranteed account
  • Check cashing
  • Duplicate Discount
  • Vendor

Floating rate referenced to floating interest rates

  • Working capital (up to 365 days)
  • Working capital (over 365 days)
  • Guaranteed account

Fixed rates referenced in foreign currency

  • Advance on foreign exchange contracts

 

Interest rate for personal loan at Lendico

Interest rate for personal loan at Lendico

At Lendico the Total Effective Cost rate, which adds interest and other charges, starts at 2.97%. The average rate is 3.5%.

It is always noteworthy that the CET and the limit made available for the loan depends on the credit analysis performed.