Good time to leave the choke
This article was translated by an automatic translation system, and was therefore not reviewed by people.
MICHEL ALECRIM
Falling interest rates encourage those who want to renegotiate debts. Tip exchange rates is more expensive for cheaper
Rio - For those who are in debt and has no way to settle all the debts at once, open the season renegotiations. With the drop in the benchmark interest rate, personal loans, on average, lower interest rates - a relief for those who need to exit the revolving credit card or overdraft. Employees, retirees and pensioners have the option of resorting to loans recorded and considered cheaper to avoid financial ruin.
For Lincoln lamellae, an advocate at the Center for Consumer Protection of the Public Defender, there is always a light at the end of the tunnel for those who are in debt, even if the debts are already due. Often, he said, financial institutions make offers debt relief to receive the money in sight. "When there's a lot of hope, the bank can ask R $ 2 billion to settle a debt of R $ 10 thousand, for example," says the lawyer.
When the proposal of the creditor is a debt repricing, the recommendation of lamellae is that the borrower negotiate the best possible conditions. At that time, if possible, pay at one time is ideal. Otherwise, it is best to settle and make the most reduced benefits: "The decline in interest rates may be a good argument."
To finance consultant Nicholas Ochsner, who is on the ropes need to look outstanding debts with higher interest rates. The credit card, if not fully paid off at maturity, charges a 10% to 15% per month, the most expensive for individuals. The overdraft, between 6% and 9%, is another sport man. Personal loans are common on average 5.57%, according to a survey of Procon-SP and can be an alternative.
Who can pay discount sheet (payroll) charges is around 2%. The expert warns, however, the danger of a new debt and recommended measure: "In this case, cancel the credit card.
So much distrust of the financial system, the homeless Amarildo Machado de Souza, 48, took a more radical decision. "I prefer to use other sources, but do not trust the banks," he argues.
AVOID crunch
CREDIT CARD
Pay the minimum and push the debt to the rotation is considered by experts as the worst output. Research of the National Association of Executives in Finance, Administration and Accounting shows that on average, the cards charge monthly fees of 10.68% - 237.93% per year, which means more than tripling the debt in 12 months. Quito it as soon as possible is recommended.
Overdraft
The limit can be a makeshift, but there is a danger that the current passes to consider it an available balance. Pay it as soon as possible is also recommended. For high-income customers, banks have lower rates, but the recovery may reach more than 9% per month for common customers.
PERSONAL CREDIT
Utilize a personal loan with fixed installments can be a solution to get rid of higher interest rates. In this mode, are also those reflected, but not everyone has access to the alternative. The rates are, on average 5.57% per month.
STATED
The interest rate depends on the number of plots. The bulk of such credit in the country is intended for retirees and pensioners of INSS. Civil servants and employees of private enterprise with a formal contract also entitled. According to a survey by the Ministry of Social Security, the Federal Savings Bank offers the lowest rate in up to six times - to 0.88% per month.
Source: The Day
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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