There are plans that end up not materializing due to lack of money. In this way, one of the solutions found is to take out a loan. Thinking about it, in today's article we will talk about the loan with up to 240 months to pay.

Interested? Read on!

Initially, the loan for up to 240 months is a great alternative to get money, and there are two modalities that allow long-term payment and each of them has its own characteristics and contracting conditions: financing and the loan with the guarantee of assets.

In financing, it is a suitable option for those who want to buy a car or a house. And it is necessary to inform what the destination of the money will be. By the way, hiring also requires a guarantee in exchange, which may be the vehicle itself or the property.

This happens because, if you don't pay, the bank can take possession of your vehicle or property. Thus, interest rates and amounts end up being lower, as the risk of not paying the installments is also lower.

In the loan secured by property, there is also something given in return. But in this case, the good has already been acquired by the user previously and banks usually demand that the good is paid off and you can continue using it normally.

And just like in financing, the guarantee of goods reduces the chance of default, making conditions more attractive with low interest rates and a longer term to repay the loan!

To get a loan with 240 months, some necessary documents, for example, RG, CPF, proof of residence, proof of income and means of contact such as email and telephone.

And, in addition, as it is a type of loan with a guarantee, the financial institution may require proof. For example, when the property or car used is owned by the customer. By the way, you must indicate that the money is going to the purpose informed in the request.

So, now that you know better what a long-term loan is, we've brought you some options from institutions that have the modality. Want to know more? Read on! 

The first option we bring is the Cashme loan, which has 240 months to pay.

This is because the institution asks for a property in the name of the applicant as collateral and performs an analysis, releasing it or not.

And, in addition, this option has a very high value, of up to R$15 million and the fees are very low, starting at 0.85% per month plus the IPCA value.  

So, were you interested in the model? Below the table we leave the link for request, check it out!

Secondly, there is also the Ame Digital loan.

In it, you also have 240 months to pay, for giving a property as collateral. Furthermore, hiring is completely online, through its application, which is available for free download on Google Play and the Apple Store.

And right after approval, the money falls into the account within 1 business day. Another point worth mentioning is that the maximum value of the model is up to R$3 million. 

Thirdly, another loan option with up to 240 days to pay is Creditas.

In it, Creditas only releases this period due to the use of an asset as collateral. Incidentally, it can be a car, a property and even the salary and rates vary according to the chosen good. 

Therefore, if you are interested in the model, check out the link on how to request it below the table. 

And another loan option with 240 months to pay off is BMG.

In this sense, BMG uses real estate and vehicles to provide the guarantee. Also, the minimum amount required for the modality that uses the house as collateral is R$30 thousand with interest rates starting at 11.2% per year, which are considered low.

And, in addition, you can simulate your conditions through your website, in an easy and simple way. Finally, it is important to say that the minimum income for hiring is R$10 thousand.

Finally, Banco do Brasil also offers a loan with up to 240 months to pay.

In this case, the condition for the long term is the use of the property as a form of collateral. In fact, the loan amount can be up to 55% of the value of your property, with the maximum amount offered by the institution being R$3 million. 

In this case, if you are interested in the model, in the table below there is more information about the loan!

Now that you know what the loan with up to 240 months to pay is and how it works and also know your options, it is easier to apply for the product. On the other hand, he also understood that to adhere to the loan, it is necessary to own a property in his name, to be given as collateral.

Finally, before hiring any service, we recommend that you think hard and reflect on your needs. This is because, if you are unable to pay the monthly amount, the asset used as collateral will be confiscated by the bank. Hence the importance of making good financial planning before applying. 

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