First, the Agibank loan and the SIM loan are two of the best options on the market for those looking for a payroll or personal line of credit. In this sense, both are requested on a digital platform, without bureaucracy and with great security. 

So if you are retired or a pensioner or if you are looking for personal credit to help you pay off your debts or go on a trip, how about getting to know these two alternatives better? So, continue reading and check out the content we have prepared for you below!

In principle, the Agibank loan is a line of credit offered by fintech Agibank to retirees, INSS pensioners, military personnel or public servants. The application process is safe and can be done through the company's official website or through the smartphone application, which you can find in the App Store or Google Play.

Well, the digital bank offers two lines of credit: the payroll loan and the personal loan. In payroll, interest rates start at 1.2% per month and the payment period can be up to 84 installments. In addition, you can apply for the loan even if you are negative, as the installments are deducted from the payroll. Just like Agibank does not consult with credit protection agencies. 

So, the personal loan is available if you've already used up the payroll loan margin of 30% and need a little more credit. In this case, interest rates are higher and the payment term is up to 72 months.

In addition, your financial profile undergoes a credit analysis and within 5 business days you will receive an answer on the available amount, as well as the installment payments and interest rates on your Agibank loan.

First, the SIM loan is offered by fintech SIM: a digital platform format financial institution created by the Santander group in 2019, with the aim of facilitating access to credit for thousands of Brazilians who need quick money and do not want to resort to traditional banks. known in the market. 

In this sense, fintech offers two types of loan: unsecured and with vehicle guarantee. In the unsecured loan, you can apply for up to R$ 30 thousand that can be paid in installments up to 36 months. Also, in secured loans, the amount can reach R$ 150 thousand and the amount of installments almost doubles: up to 60 months. For both options, interest rates start at 0.79% per month.

Then, the simulation and application process is done through the official SIM loan website. After a brief registration, you choose the amount you want and in how many installments you want to make the payment. Next, SIM analyzes your profile and informs you which options are available to you. After the request, you undergo a credit analysis and within 72 hours you will receive a response to your proposal. 

Well, one of the main positive points of the Agibank loan is that it can be requested if you have restrictions on your name, as it does not consult with the SPC/Serasa. 

In addition, low interest rates and the possibility of long-term installments, up to 84 months, make this option a good option for retirees or pensioners who need a line of credit to put their financial lives in order. 

In addition, the entire process is done safely through the fintech website, which even offers the loan even if you are not a bank account holder, as long as you comply with some requirements demanded by the company. 

So, the most striking feature of the SIM loan is that it offers different lines of credit that go according to your financial needs. Also, the first installment can be paid within 45 days after hiring!

In this way, you can opt for the unsecured loan, which has a limit of up to R$ 30 thousand and has interest from 0.79% per month, with up to 36 installments. Or if you prefer a higher amount, the vehicle secured loan releases up to R$ 150,000 and has the same rates as the unsecured loan, but installments can be made in up to 60 installments. 

In addition, the hiring process is simple and done entirely through the SIM digital platform. In addition, SIM offers payment via bank slip or automatic debit if you have a Santander bank account.

So, despite offering good benefits for retirees, pensioners, civil servants or the military, the line of credit is exclusive to people in these segments. That is, if you do not fit into any of the aforementioned categories, the Agibank loan is not available to you. 

In addition, as the value of the installments is deducted directly from your payroll, in the case of the payroll loan, it is not possible to pause or delay the debt in case of any unforeseen event that compromises your income.

Well, every line of credit has its advantages and disadvantages, and the SIM loan is no different.

It can be said that the negative point that draws the most attention is that despite offering the credit line request for negatives, the credit analysis is very thorough and uses data such as your score with Serasa and other credit protection agencies. credit. In this way, it is quite difficult to get the loan if you have name restrictions. 

So, both the Agibank loan and the SIM loan offer great benefits to customers looking for a simple but advantageous line of credit. Despite having the same purpose, they are loans offered to different audiences, so it is important to know which one meets your financial needs before applying. 

However, before requesting any financial product, it is always important to analyze its positive and negative aspects, as well as assess whether you can commit to paying monthly installments without jeopardizing your income.

But, if you are still not sure whether the Agibank loan or the SIM loan is the best solution for your problems, that's okay! So, check out the recommended content, below, with another comparison.