If money was tight this month or something unforeseen came up, the Sicoob payroll loan can help you!

From it, you can access the money you need and pay it off in up to eight years!

In addition, Sicoob promises that the interest rates on this loan are lower than the others and that it has fixed installments so you can plan better.

In this post, you will learn more about the Sicoob payroll loan and see if this is the ideal credit option for you!

In summary, the Sicoob payroll loan works in a very simple way. From this loan, the value of the installments are automatically deducted from the salary or benefit of the person who requested it.

That way, she doesn't have to worry about having to pay another bill every month. With this loan, payment is made automatically.

Due to this, the Sicoob payroll loan is able to offer better conditions, since the chance of default is much lower.

Thus, you can apply for a loan to be paid off within 96 months and with lower interest rates than other loan options.

In addition, the Sicoob payroll loan is one of the few on the market that does not require a guarantor, that is, a person who is responsible for repaying the loan if you cannot.

In this way, this loan becomes much more accessible for you and allows you to access it quickly.

At first, as it is a payroll loan, the amount that will be released will depend solely on your salary or monthly benefit that you receive.

This happens because the amount of the loan is defined based on your salary, since that is where the installments will be automatically deducted.

In this way, it is not possible to know exactly the total amount that the Sicoob payroll loan can release for you, as everything will depend on your credit analysis.

In summary, as the Sicoob payroll loan automatically deducts the value of the installments from your salary or benefit, it ends up being intended for people who have a fixed income.

In this way, anyone who is retired, INSS pensioner, public servant or employee of a private company can apply for the Sicoob payroll loan without any problems and access the special conditions!

When taking out a loan, it is essential to do a good research and know the strengths and negatives of each option to know if it is worth it.

With that in mind, we have separated below the main advantages and disadvantages of the Sicoob payroll loan for you!

As advantages, we can highlight that the Sicoob payroll loan has as its main strength the long term of loan repayment and the fact that it does not need a guarantor.

But in addition, the loan can also offer other very interesting advantages, such as:

On the other hand, the Sicoob payroll loan also has some weaknesses that you need to be aware of before applying for it, namely:

Namely, the application for the Sicoob payroll loan can be made both online and in person.

That way, with this financial institution you can access the credit you need in the channel that has the most affinity!

Therefore, to find out how the process is done and learn about the hiring process step by step, just access the following post!