Clipping of news on Brazilian Culture, Law and Citizenship
04/12/2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Check the reputation of the company and distrust prepayments are tips to avoid falling into scams by taking online loans
Source: Idec
The options for loans via internet have increased with the expansion of Internet access, which can bring more convenience to the consumer. However, the care taken by the applicant in this type of transaction should be redoubled to avoid falling for scams, frequent web. See how the service and some tips to protect virtual wiles.
How it works
Online loans have attracted more and more people because, as these companies have a simpler structure, interest often end up being lower - unlike traditional businesses that require a structure which increase transaction costs.
To offer credit, these companies require authorization from the Central Bank, and have relationship with a financial institution. As in the traditional way of loan, the customer has to go through a credit analysis will define whether or not you can get a loan. So consumers need to fill an online form with personal information such as address, social security number, desired value etc.
To formalize the loan, it is important that consumers are aware of the availability contract with the conditions agreed. If the document is not provided, request it in advance.
Check carefully all the established conditions and the contract clearly the details of the credit operation, called Total Cost Effective (CET). These are details that follow the same rules as traditional banks, subject to compliance with the Consumer Protection Code (CDC) and regulation of the Central Bank.
fertile environment for scams
The most common scam is to require the consumer to perform an advance deposit before releasing the loan money, especially for those who are negated. If the company request advance deposits for registration assessment or for another purpose, be suspicious. Fraudsters usually ask for deposits to "conduct negotiations '' that, after they are made, disappear.
The consumer may also be asking for a loan online to a fake website with the duplicate domain of another company. To avoid problems, always make sure the site is safe navigation through the icon-shaped padlock that appears on the site's address.
precautions
make sure about the reputation of the company is the first step to avoid falling into scams, thus giving the institution that is offering credit on the Internet is real and reliable.
The consumer can also see if the company is registered with the Central Bank (BC), responsible for regulating, supervising and providing guidance to companies acting in the sector. Another way to protect yourself before closing the deal is to check if it is not among the most complaints at Procon, for example, and as is the evaluation of the company you want to borrow the consumidor.gov.br. Social networks can also be combined in this research on the company.
Source: Idec
To access the IDEC website, click here.
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This article was translated by an automatic translation system, and was therefore not reviewed by people.