Are you in doubt whether to apply for a NoVerde loan or a Creditas loan? In summary, these two options offer different types of credit that you can take out.

On the one hand, we have an option that offers simple personal loans with low interest rates. On the other hand, we see an option that offers secured loans, where you can access a higher credit amount.

In this way, it can be difficult to choose the best option between the two loans. Therefore, in the following post, you can check a complete comparison to end your doubt once and for all!

First, let's learn more about the NoVerde loan, how it works and what it can offer you.

Therefore, NoVerde is a credit company that has existed since 2016 in order to offer personal credit in an easy, practical way and without many bureaucracies.

For this, your loan can be requested online 100%, where you do not need to travel or face huge queues to get access to credit. Here, from simulation to receiving the amount is done online.

But despite this, the NoVerde loan is a completely safe option. In the application process, the company has a security check where you need to take a photo of yourself and your document to finalize the contract.

An important point to know about the loan is in relation to the amounts you can borrow. Therefore, this option allows you to borrow up to R$ 8 thousand, and you can receive the amount in up to 1 business day.

In addition, you can choose to pay the loan installments between 3 and 18 months, and by anticipating any installment, you can access a good discount.

Creditas, on the other hand, is known for being an online lending platform. This company was born in 2012 where it was just a credit comparator that recommended the best options.

With her experience, she grew and works offering more accessible credit with low interest rates. This happens because today she works offering a loan with a guarantee.

In this way, from Creditas, you can take out a loan with the guarantee of a property or a vehicle.

In the property modality, it is possible to borrow a credit of up to 60% of the value of your property. This way, it can be from R$ 50 thousand and reach R$ 3 million and you can have up to 240 months to make the payment.

On the other hand, in the vehicle modality, you can convert up to 90% of the value of the car or motorcycle into credit and, thus, borrow from R$ 5 thousand to R$ 150 thousand, having up to 60 months to pay.

These conditions are possible because the loan has the collateral. Thus, it is possible to access an interest rate that starts from 0.99% per month and the possibility of repaying the loan in more time.

And the best part is that, even if the property or vehicle is linked to the loan, you can continue using your assets normally and still have access to credit.

When choosing between NoVerde and Creditas loans, it is essential to know the advantages that each one of them can offer for your financial life.

Therefore, looking at the NoVerde loan, we were able to find quick access to credit as its greatest advantage. That way, when you request it, you receive the amount in your account within 24 hours.

In addition, the loan offers faster credit approval, even for those who are negative. Thus, from it, many people can access credit.

And we cannot forget that the NoVerde loan has very affordable installments, with the possibility of a discount and that can be paid directly in your application, completely online.

Now, looking at the Creditas loan, we can take advantage of its lower interest rate. That way, if you compare it to a personal loan, you will be able to clearly see which one offers the best interest rate.

But, in addition, we must also remember that when making the loan with collateral, your property or vehicle does not need to be paid off. Thus, it is possible to access credit even while paying for the good.

By the way, regarding discharge, it is also interesting to note that it is possible to use part of the credit to pay off the asset. That way, you can finish paying it off somewhere that offers lower interest rates and more time to pay.

Finally, the loan is done completely online and you can access a credit of 60% of the value of your property or, then, up to 90% of the value of your vehicle.

As much as the NoVerde loan offers great advantages to customers, it can also have some negative points.

The first one is related to its fee. As the loan is personal and does not have a guarantee on the part of the applicant, its monthly interest rate ends up being much higher.

Therefore, from NoVerde you will have a rate that can start at 7.9% per month and go up to 18.9% per month, which is more than double the Creditas loan.

In addition, despite the money falling in a few hours and the whole process being very fast, the amount released for the loan only goes up to R$ 8 thousand. So if you need more credit, you won't get it from it.

Now, let's take a look at the negative points that the Creditas loan has. The first is the fact that the loan is a little more bureaucratic than other personal loans.

In this way, in your application process, there will also be stages of analysis of your vehicle or property. That is, in addition to the credit analysis, the conditions of your asset will also be put to the test and may reduce the amount of your loan.

In addition, Creditas only accepts vehicles manufactured up to 2010 for loans with a vehicle guarantee. Therefore, those who own an older vehicle will not be able to access credit.

The NoVerde loan and the Creditas loan have great advantages for you. From them, you can access the credit you need and thus continue with your projects.

However, with the NoVerde loan, it is only possible to borrow up to R$ 8 thousand and access higher interest rates. On the other hand, the process is online, without bureaucracy and you can get the money within 24 hours.

With the Creditas loan, you can have a much lower interest rate and access a higher credit amount. Here, depending on the asset you use as collateral, you can get from R$ 150 thousand to R$ 3 million, which are high values.

But, on the other hand, although the process is online, it is more bureaucratic and involves the analysis of assets that can make you unable to access a high credit amount.

Therefore, to choose between the NoVerde loan or the Creditas loan, it is essential that you know the amount of the installment you can pay every month and how much you need to make your dreams come true.

But, if you are not convinced with the options and would like to know about another loan that exists on the market, check out the following post for another comparison that can help you in your choice!