Banks are beginning to offer advance of the 13th salary
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Alternative only worth paying for debt with higher interest rates, says economist. Guidance is to keep an eye on the rate charged by banks.
Who does not want to wait to receive portions of the 13 th salary may appeal to banks, which have been advancing the money. However, according to the economist, Nelson Barrizelli, the only alternative will be worth it if money is to pay a debt with higher interest, such as check and credit card.
"In general, the revolving credit charge interest of 10% per month, 11% a month, then certainly, any loan with lower interest rates to repay the revolving credit of credit card is highly beneficial," he said.
Before taking the money to spend is only one error. Economist guides keep an eye on the rate charged by banks. It may seem small, but when you do the math, comes the surprise. For example, who anticipates $ 1,000 of earnings in 13 September, the rate of 2% per month, loses about $ 60. If the same $ 1,000 were invested in savings would require a year's worth of income to achieve the same value.
Besides the money that is lost immediately with the interest, we must remember that there at the end of the year he can do that, alert. "You can enter a vicious circle. I just shopping with future payments, post-dated checks and it falls into a period where the person has many commitments that the first half of the year."
Source: G1
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Important:
The JurisWay site does not interfere in the work provided by doctrine, why only reflect the opinions, ideas and concepts of their authors.
