Have you ever heard of the Auxílio Brasil loan? It is a new type of credit recently launched that allows families who receive the benefit to access the credit they need.

The initiative was developed because many low-income families who receive Auxílio Brasil had difficulty getting approved for loans.

Therefore, a line of credit was created especially so that these families can access the money they need and invest in projects and enterprises that help them become emancipated.

However, many people still don't know about the Auxílio Brasil loan and how it works. Therefore, in this article you will learn more about this loan and where you can apply for it!

In summary, the Auxílio Brasil loan is a type of consigned credit that was made for the program's beneficiaries.

Thus, from it, several low-income families are able to be approved for this credit and thus access the money they need to become emancipated.

Namely, because this credit is assigned, families are able to access better conditions, such as a good payment term and lower interest rates than a personal loan.

In principle, the Auxílio Brasil loan works as a payroll loan. In this modality, the value of the loan installments are automatically deducted from the users' payroll.

Thus, whoever accesses the Auxílio Brasil loan has the value of the installments automatically deducted from the benefit received.

However, to prevent families from being left without income, it is only possible to deduct up to 40% from the benefit value. In this way, anyone who receives R$ 400.00 in benefit can access installments of up to R$ 160.00.

This way, families still have access to the rest of the benefit money and can have the credit they need to carry out their projects.

In short, to be able to access the Auxílio Brasil loan you must meet a basic requirement: be a family participating in the program.

But, depending on the financial institution, they may have more requirements. Caixa Econômica Federal, for example, adds the additional requirement that the family cannot be subject to emancipation.

Namely, families in this situation are those who already have a date to stop receiving the Aid in Brazil benefit. 

This happens in families where participants get formal jobs that help them earn a good monthly income.

Namely, most financial institutions and banks that offer the Auxílio Brasil loan allow the public to request it completely online.

This way, you just need to access the finance company's website or application, carry out a credit simulation and proceed with taking out the loan.

Thus, with the process completed and the loan contract signed, families can receive the credit in the same account in which they receive the benefit.

This way, they can access the money and, every month, the institution where the loan was made will deduct the amount corresponding to the credit installment from their benefit.

After the Auxílio Brasil loan was launched, many financial institutions have already started to make this new type of credit available to the public.

Namely, there are more than 60 companies that are offering the loan. But, to make your life easier, we have separated below the 3 safest and most well-known financial institutions that are offering the Auxílio Brasil loan!

First on our list we have Crefisa, which allows you to access the money you need without going through a lot of bureaucracy.

From there, you can access a low interest rate and receive the credit amount on the same day of contracting.

Furthermore, Crefisa offers you up to 45 days to start paying for your loan and allows negative people to be approved for credit.

Namely, to request this credit, Crefisa allows you to contact the institution's official numbers, which are (11) 3003 3376 for capitals and metropolitan regions and 0800 273 3376 for other regions.

In addition to them, it is also possible to request via Crefisa's WhatsApp, which can be accessed on the company's official website.

Another famous institution offering credit is Caixa Econômica Federal, which can offer you low installments and a good payment term.

Therefore, when accessing Caixa's Auxílio Brasil loan, you can pay off your loan in up to two years and have a better chance of being approved than other types!

In principle, the request for this loan can be made on the Caixa TEM application. However, you can also request it in person at Caixa branches, lottery outlets and Caixa Aqui correspondents.

Finally, on our list we have the Auxílio Brasil do Meu Tudo loan! From this platform, you can access lower interest rates than previous options and can borrow more than R$ 2 thousand.

Furthermore, Meu Tudo allows you to pay your loan in up to 24 months and releases the money very quickly to you. So, within 48 hours you have the money in your account ready to be used!

Therefore, if you liked its characteristics, know that the request is very simple and you don't even need to leave the house.

Namely, to request the Auxílio Brasil do Meu Tudo loan you just need to access the finance company's website or application, carry out a credit simulation and follow the instructions given to officially contract it.

In short, there are many cool institutions offering the Auxílio Brasil loan. However, this can leave many people in doubt when choosing a loan.

With that in mind, below are some tips to help you decide which company to follow!

Therefore, by observing these main points about the Auxílio Brasil loan in each institution, you will be able to choose more objectively which loan you will take out.

On the other hand, if you want to learn about other types of loans, access the recommended content below.