When we apply for loans, we send the necessary documents for the credit analysis to be carried out. This happens because banks need to know who they are lending money to, in order to avoid default risks as much as possible.
Companies that offer personal credit modalities usually carry out credit analyzes to find out if the applicant is a good payer, that is, if he usually pays his bills before the due date. This is done, because if the person does not comply with the commitment to pay the installments, in the end, banking institutions and financial companies are at a loss.
In this content you will understand what documents are needed to make a personal loan and much more. Keep reading to check it out!
What this article covers:
Why do banks ask for documents at the time of the loan?
The documents needed to make a personal loan are required for the financial company or banking institution to carry out an analysis and assess the income and how the applicant’s name is in relation to protection agencies, such as SPC and Serasa.
The documents also allow the entire process to be streamlined, increasing the chances of the personal loan being approved, making it easier and faster.
What documents are needed and why?
Check below the documents required to apply for a personal loan:
- Bank account into which the loan amount will be deposited;
- Proof of income;
- Proof of address;
- RG or CNH🇧🇷
- Selfie with ID in hand.
These are the documents necessary for the process to be more agile and easier for both parties. Depending on the finance company or bank, the documents may vary.
How to submit documents for loan online?
Submitting all the necessary documents is very simple. To do this, simply unite them all, attach them and send them through the digital platform chosen to apply for the loan. After that, just wait for the proposal to be analyzed and approved.
Normally, when a document is missing, the finance company or bank will contact you to request sending it.
How to take photos of documents correctly for loan?
Depending on the platform or application, they have their own tools so that the applicant can take quality photos. In any case, the photos need to be very clear, showing all the data contained in the necessary documents. Blurry, distorted or poorly taken photos are not accepted.
At this point, a lot of attention is needed so that the company or bank does not have to ask to take better photos several times.
What documents do you need to send?
Documents not required vary by institution or financial institution, so this is a valid question to ask them directly. However, here are some unnecessary documents:
- Work card;
- Passport.
In addition to them, there may be other unnecessary documents, but you can be sure that some companies will ask you for your CPF.
In any case, it is important to point out that the personal loan is a new debt and that you need to pay for it. So first of all, it is important to organize and reflect on whether you will be able to pay for this debt.
On the other hand, the personal loan can be a great option, as this way you can pay off your debts and combine them all into one. It all depends on your objective with the money, as the personal loan does not require the applicant to give satisfaction on how the money will be used. It can even be used for travel or to buy some good.
