At first, nowadays it is possible to find several options for a payroll credit line. Most have their unique features, but they all have one thing in common, which is low interest rates. In this sense, today we are going to talk about two of these lines of credit: the Agibank loan or Creditas loan. 

So, if you want to know the characteristics of these two loans and evaluate which best suits your financial needs, read on!

First, Agibank is a fintech that offers two loan types: payroll and personal. In this way, the credit line is only available to those who are retired, INSS pensioners, civil servants or military personnel in the Armed Forces.

So, as it is a fintech, the entire Agibank loan contracting process is done online and without bureaucracy, but the bank also has physical branches if you prefer face-to-face service.

At first, the payroll loan offers reduced interest from 1.2% per month and up to seven years to pay off the installments. In addition, the Agibank loan does not consult the SPC and Serasa and can be requested if you have a negative name, since the installments are deducted directly from your payslip.

The personal loan is reserved for customers who have already reached a margin of 35% on their gross income with the payroll loan and want an extra amount. In this sense, the amount of interest is higher and the installments are deducted from your checking account. 

First of all, Creditas is an online platform that works with secured loans. That is, you need to offer a good to get your line of credit with fintech.

In this way, the company offers the Creditas loan with a payroll guarantee. That is, to apply for this line of credit you need to work in a private company with a portfolio registered under the CLT regime and the company must have a partnership with Creditas.

So, if you fall into this category, the Creditas loan can be a great option to help you get out of the red! It has interest rates starting at 0.99% and the loan amount can reach up to R$ 50 thousand, but it depends on individual credit analysis. 

In addition, the installment can be made in up to 48 months and the amount is deducted directly from your payroll. It is also important to remember that the value of the installments cannot exceed 35% of your gross monthly income.

So, if you are interested in knowing what amount is available to you, as well as fees and interest rates, you can do a simulation on the official website or through the Creditas app.

Well, the Agibank payroll loan offers reduced interest rates from 1.2% per month, in addition to a term of 84 months for the payment of installments. Along with the ease of online application, the whole process is simple and without bureaucracy.

In addition, with the personal loan you can top up the amount you initially intended if it has not been accepted. So, you have an extra credit line to make a renovation, an investment or even a trip!

Furthermore, Agibank does not consult with the SPC/Serasa, so it is a great option for those who are negative and in need of financial assistance.

So, the positive point that stands out the most when we talk about the Creditas loan are the low interest rates, which start from 0.99% per month. In addition, fintech offers a four-year term for the payment of installments and is a great option for CLT employees who need financial assistance.

In addition, it is possible to apply even if you are denied, as long as you have at least been hired by Creditas' partner company. Because, as the discount is made directly on the payroll, you don't run the risk of being in default.

In addition, it is also possible to apply for another Creditas loan if you already have a payroll loan in progress, and fintech can also anticipate your salary if you need money before payday.  

Undoubtedly, a major disadvantage of the Agibank loan is that it is not a line of credit accessible to everyone who needs a loan with good payment terms.

In addition, it does not offer loan refinancing and you cannot delay the payment of the installment if you have any unforeseen circumstances, since the payment is deducted from the payroll. 

In addition, the personal loan is an additional charge on the current account and has higher interest rates than the payroll loan. Therefore, it is important to assess whether you really need that extra amount, as it can compromise a large part of your monthly income. 

Well, the main negative point of the Creditas loan is that it is only available to those who work with a formal contract under the CLT regime, and at one of Creditas' partner companies. That is, a line of credit that usually already has an exclusive audience is even more restricted with this loan. 

Also, you can only apply for the loan if you have been hiring for at least 3 months, and the process can be quite time-consuming since the first analysis by Creditas with your company's HR takes about 10 consecutive days. 

In addition, you also undergo a credit analysis after the profile analysis, as well as IOF fees and Credit fees on your loan installments.

Without a doubt, the Agibank loan and the Creditas loan are two great options for anyone who wants a secure line of credit without bureaucracy. After all, both can be requested through their digital platforms and you don't have to face queues to make your proposal.

In addition, the two fintechs lend to negatives and have two of the lowest interest rates on the market, in addition to a good payment term.

However, despite being payroll loans, they are not intended for the same public. Therefore, it is important to assess which of the two best suits your needs and do the simulation to make sure that the value of the installments fits in your budget.

But, if you are still not sure if the Agibank loan or the Creditas loan are what you are looking for, no problem! Check out another comparative text below.