If you already know and don't know how to choose between the Condor loan or the Free Digital loan, today we're going to help you. Also, if you don't know the two, we'll also introduce you. 

That's because choosing an ideal loan can be a difficult task. It is essential to consider interest rates, the contracted modality and also the credit limit. So let's compile all this information.

At first, the Condor loan is consigned. The Free Digital loan is an online personal loan. That is, the two have different proposals for different audiences.

So, read on and find out more about these two loans!

First, it is worth noting that the Condor loan is a payroll loan. Therefore, it is exclusive to INSS retirees and pensioners. That is, because of this guarantee, interest rates can be much lower and with longer terms.

This happens because in payroll loans, the installment is automatically deducted from the salary or benefit. In this sense, the bank is confident that the loan will, in fact, be repaid. Therefore, it can offer better conditions.

Therefore, in partnership with Cetelem, Condor launched its payroll loan. This way, your money and your information remain completely safe. Together, it is possible to apply for the loan online, via WhatsApp. Or, if you prefer, you can also apply over the phone or in person in stores.

Finally, it is important to say that the Condor loan is in card format. In this sense, you can both make purchases on the card and make withdrawals. 

When we talk about Livre Digital, this is a great option for anyone looking for a loan without bureaucracy. That's because Livre specializes in online credits, that is, in a quick and practical way.

Therefore, the company offers loans from R$100 to R$6,000 for you to pay in up to 12 installments. In addition, with Livre Digital you have your loan with your credit card limit as collateral.

That is, you spend only the limit of your card and then pay the card bill. The payment in installments is the responsibility of the card issuer. In this sense, Livre accepts the following brands: Mastercard, American Express, Elo, Visa and Diners Club.

Finally, the entire contract signing and application process is done online. Therefore, you do not need to attend a notary to recognize a firm. All this can be done directly from your home.

At first, the biggest advantage of the Condor Loan is how easy it is to take out the loan completely online. Furthermore, the process is 100% safe and has even more advantages.

For example, the interest rates are fair, from 1.69% to 1.80% per month. Furthermore, Condor also offers a quick cash release. That is, the amount does not take long to fall into your account.

Furthermore, as we mentioned, the Condor loan is in card format. In this way, he has special conditions of a credit card. For example, the Mastercard brand, which gives access to the Mastercard Surpreenda program.

As we have already mentioned, the Livre Digital loan has some advantages. Firstly, we can mention the amount of up to R$6,000 available to be paid in up to 12 installments. 

In addition, the money is released into your account within 1 business day after approval. By the way, this approval process is usually quick. Because everything is resolved online, without any bureaucracy. 

When we talk about interest rates, Livre Digital has personalized interest rates. These fees may vary based on your financial history and credit analysis.

In summary, the main disadvantage of the Condor loan is the fact that it is payroll. However, this is a disadvantage only for those who cannot apply for credit.

This is because the Condor payroll loan is exclusive to INSS retirees and pensioners. Or, in some cases, public servants may also request it.

At first, a disadvantage of the Livre Digital loan may be the fact that it only has online support. This is because some people end up preferring the traditional service of physical banks.

However, Livre Digital still offers an available service. For customers, the company serves directly via WhatsApp. That is, it is very easy to solve any doubt or problem directly from the cell phone.

Also, if you need a very high amount, the Free Digital loan is not the best recommendation. Therefore, this is a credit for those who need a smaller amount and can pay in up to one year.

Finally, choosing between the Condor loan or the Livre Digital loan depends a lot on your financial reality. That's because the two offer totally different modalities. 

That is, if you are retired or pensioner, it is better to hire Condor. If you are looking for a personal loan, Livre Digital is a good option.

Therefore, if you are still in doubt about the best option, let us show you another loan. See now the comparison between the Free loan and the Just loan in the article recommended below.