With the aim of offering loans with more advantages to its customers, Nubank created an innovation for a line of credit in partnership with Creditas, a company specialized in financial services. The highlight of this novelty is the limit offered at 90% of the value of the customer’s vehicle.
What this article covers:
What is this new Nubank loan?
In this modality of new loan from Nubank, the client who contracted the services will be able to settle his debt with the bank in a period of up to 60 months. All those interested in the loan can request amounts even if their vehicle is still being paid off, however, it must be at least 50% paid off.
For this new line of credit, Nubank points out that only cars will be able to be placed as collateral, other vehicles such as motorcycles and trucks will not be accepted under any circumstances.
This novelty is still being released to customers, being put into effect little by little. For this reason, some Nubank customers may take a while to receive the services of this new modality.
How will this new Nubank loan work?
Nubank informed that in this modality, the contractor will be able to use his vehicle normally, even while it is as guarantee for the payment of the loan made, but it cannot be sold within that period.
For the payment of their debt with the bank, all customers will have a period of up to 60 months, that is, the equivalent of 5 years. Another very important rule for those who opt for this modality is that the car that will serve as loan guarantee must not be more than 15 years old since its manufacture, so pay attention to the year of your car if you are interested in this category of car line. credit.
Currently, this loan is only valid for people who are residents of the states of Minais Gerais, São Paulo, Bahia, Goiás, Rio de Janeiro, Espírito Santo, Santa Catarina, Alagoas, Mato Grosso, Distrito Federal, Rio Grande do Norte and Pernambuco.
In addition, whoever hires the services of this new Nubank loan will guarantee the cashback benefit. In this case, 1% cashback is generated. To take advantage of this service, the person must have an active account in the digital bank. Nubank and contract the loan service with a maximum term of 30 days. It will also be necessary that the user does not have other requests for loans with his partner Creditas in his name.