Have you ever heard of the consignment box? It is likely that you are looking for credit modalities to pay off your debts, get out of the red or for some other purpose.
If you are looking for credit alternatives and are thinking about applying for a payroll loan, but have doubts about this modality, you are in the right place. We’ll explain everything you need to know.
The payroll loan is a special type of credit that meets a specific profile of individuals. As you may know, the current financial market has a wide variety of credit modalities, one of which is the Caixa Credit, created to serve employees of affiliated companies and retirees and INSS pensioners.
In this content you will see how the consignment box works, who can request and much more.
What this article covers:
What is Consigned Cash?
The consigned Caixa is a type of credit offered to employees of companies affiliated to the banking institution or retirees and pensioners of the INSS. Usually, this credit alternative has more benefits and advantages for the applicant, in addition to better payment terms.
However, it is important to note that to apply for the Caixa consignment it is not only necessary to fit into one of the aforementioned profiles, as the applicant undergoes a credit analysis and the installments are paid automatically, that is, the amount of the agreement is debited. directly from the payroll.
What are the advantages of consignment cash?
There are several advantages obtained when requesting the payroll loan. Check it out below:
- Agility and little bureaucracy throughout the process;
- Lower interest rates.
Since the installments are deducted directly from the salary, it is much easier for those who tend to forget to pay bills, but it is important to remember that you will not have the full amount of the salary payment, which will already be discounted.
How it works?
In the consigned Caixa, there is no need for a guarantor and the installments begin to be paid automatically, being deducted directly from the payroll or benefit. For those who are beneficiaries of the INSS, it is important to note that the benefit must be fixed to apply for this loan.
Those who receive a salary through Caixa have more advantages at the time of hiring, so if you intend to contract Caixa credit, you must make an automatic salary transfer.
Who can apply for the consigned cashier?
To request the consigned cash, it is necessary to fit into one of the profiles mentioned and be receiving the benefit by the INSS for more than 90 days. In addition, the benefit should not have a stipulated limit to be finalized, since the value of the installments are charged directly to the account.
You’ve just read a little about payroll, from now on it’s time to decide if this is the modality you’re going to use to pay your bills, get out of debt or for another feature.
Do not forget that the consigned cash will be another debt made and that you will have to pay it guaranteed, so be sure that you will be able to pay for this debt in the future and that the money that will be debited directly from the payroll will not do much lack.
get in touch with Federal Savings Bank if you have more questions about the type of credit and what are the advantages for your specific profile. You can also find out about the other types of credit provided by the bank through the official website of the bank.
Studying loan options, analyzing their interest rates and payment facilities before applying, is essential to maintain good financial organization and ensure that this is an interesting exit for you!