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Fees and Taxes You Need To Know When You Borrow Money



Below you will find a guide to the fees and charges you can expect when you borrow money.


As a borrower, it is important to remember to take into account that you must not only repay the amount of money you originally borrowed from your provider, but also have to pay fees in addition.

The amount that you have borrowed is called the loan proceeds. The loan proceeds, including the fee for establishing the loan and the so-called capital loss together, are called the principal . This indicates the actual size of the loan amount that you ultimately have to repay.

The amount that constitutes the principal is most familiar with before, but many forget to take into account all the fees and charges associated with borrowing. However, it is important to familiarize yourself with these as they can significantly increase the amount you have to repay.

These charges vary depending on the type of loan you have taken. Therefore, it is important that you, as a borrower, always familiarize yourself with the costs associated with the loan you are considering taking. That way, you are prepared for and familiar with what your loan will actually cost you.

We have here collected the most common fees and charges you can face when borrowing. In this way, you know what costs you should be aware of in connection with your loan.

The interest amount must also be repaid

The interest amount must also be repaid

Interest is generally a fee, which is a percentage of the amount you have borrowed. This interest amount must be repaid to your lender, and thus comes in addition to the principal as you mentioned also repay.

An interest rate is usually calculated on an annual basis or another period or quarter that is set. Therefore, you will find that the price of your loan increases in stages during your loan period. In addition to this annual interest rate, you also need to know: Interest rates, effective interest rates, nominal interest rates and variable and fixed interest rates.

Interest rate interest is important in this context.

Renter’s interest refers to the fact that the same amount repays several times. So an interest rate on the interest rate. If you have a loan where you have to pay the interest rate, you have to pay interest on your loan amount and interest on the interest until you start paying off your loan.

Fee on loan formation

Fee on loan formation

For certain loans, you must pay a founding fee, which, as the name indicates, is a fee for setting up a loan. This fee is also sometimes referred to as a foundation fee or establishment fee.

Some loan providers will charge you a set up fee. Other loan providers allow the formation fee to increase depending on the amount of money you borrow. In addition, the fee may also constitute a percentage of your loan amount.

On the small loans, this fee will often be relatively low. On the larger loans that are settled on a percentage of the loan amount, you can advantageously examine what the different providers can offer you, which you can investigate right here .

The foundation fee is usually about 2% of your entire loan, but may vary. Most often, the foundation fee covers the stamp duty to the state, registration of your documents and handling fees. The foundation fee is thus linked to the fact that your loan provider must pay some expenses as they are imposed by the state.

However, it can also be a fixed percentage of the loan that you must pay to start with as a private borrower. This is especially true for home loans.

Fee for managing your loan

Fee for managing your loan

In connection with most loans, you have to pay fees for managing the loan including billing and payment.

Most loan providers charge a payment fee of approx. DKK 25 and a billing fee of approx. DKK 33 The payment fee is most often dependent on the form of payment. If this happens, for example. via payment service or via payment card.

These fees may seem small and irrelevant, but there are still extra costs that increase your borrowing costs.

Smoking letters also cost you extra

Smoking letters also cost you extra

If you do not want to pay your monthly installment in time, you will not forget that you receive a reminder letter.

Loan providers usually send up to 3 reminder letters. According to the Interest Act, these are subject to the rule that they must never cost more than DKK 100. After the 3 reminder letters you are forwarded to Debt collection, where a fee of DKK 100 is usually also involved.

Remember! That you always have the opportunity to change your payment plan if you for a period of time experience that you cannot pay your monthly installment. You just contact your loan provider here to help you. Keep in mind that your provider is always interested in the loan being repaid and therefore is usually willing to change your plan.

Fees if you opt for insurance for your loan

When you borrow, you can choose to add a security insurance to your loan, but be aware that this is not free. You have to pay a fixed percentage of your monthly loan service.

Such a security insurance covers your payments if you, for example, should get out of losing your job or the like and therefore unable to pay for themselves.

This insurance fee depends on your loan provider, but will often be approx. 8% of the monthly payment.

Of course you only have to pay this fee if you have actually chosen insurance for your loan.

When you take out a mortgage loan

When you take out a mortgage loan

This fee is related to the admission of a so-called mortgage loan from a bank or mortgage bank. There is also a fee to be paid here.

Here, the fee is a standard amount that is determined by the individual bank or mortgage bank. This fee may be between DKK 2,000 and DKK 4,000 depending on the provider. However, in some cases the fee can be negotiated.



The fee that a customer pays to a bank when trading in bonds or shares. Ie the costs a bank has when selling the bonds that have borrowed. The bank charges a fee to convey this transaction and it is the one called brokerage.

The contract value amounts to 0.25% of the value of the bonds (up to DKK 3 million). It then falls to 0.20% of their total value.

The fee differs from provider to provider, so here is good reason to investigate and compare prices.

transfer duty

Most often, the characteristic of housing trading is that the mortgage loan is registered. After that, the loan is legally binding, which helps to secure your rights when purchasing your property.

The registration tax thus refers to everything that has to do with this land registration service.

The mortgage bank and the bank usually charge a fee that depends on what you are interested in enrolling.

If mortgage deeds are already registered, when you make a home purchase, you can actually save money if you take over this property registration. Then you only have to pay tax if you want to increase the amount of the registration of the mortgage deed.

Remember that fees can vary and be negotiated


The majority of the above-mentioned fees and charges on loans you will experience no matter which bank you borrow from. However, they can vary in size.

In addition, you will find that when you go to the bank, in some cases, these fees and charges can be negotiated in size. Including especially when they apply to your loan’s interest.

Always make as many offers as possible from as many banks as possible. This way, you know what the different loan providers have to offer you. You can compare all your options that best suit your needs and your finances by clicking here .



The New Alternative of Online Loans on Websites


Do you know any new loan alternatives ? The famous social loans, this is the new craze to get financial resources with low cost and near zero bureaucracy. It is not today that the internet has come to “facilitate the life” of the citizen and in the social loan operations are carried out entirely in a virtual environment (site), suitable to complete the exchange of money between people.

I have said here in the portal that Brazil in terms of lines of credit and loans to individuals is light years behind other countries. The social loan is one of those lines of credit that was barred by the “Owners of the Country”.


New Alternative Loans


 New Alternative Loans


Also known as a “peer-to-peer loan,” social loans is a widely used form of consumer credit in Europe, North America and Australia, the main idea is to get you in direct contact with private credit providers through use of online platforms appropriate for this type of operation.

The concept of the line of loans (capital loans) is to create a virtual environment that facilitates the exchange of money between individuals, realizing a true market of personal loans where creditors and borrowers find ideal conditions to arrange the financing of the concession and also the reimbursement of credit with the payment of a certain amount of interest agreed between them.


Alternative Peer-to-Peer Loans


 Alternative Peer-to-Peer Loans

The Peer-to-Peer site is the intermediary of a meeting between a creditor and a money-maker. The site is also able to ensure the suitability of the business and the participants. In this particular financing model, the intermediary (site) earns a commission, generally paid by the person requesting the loan (the commission varies between 0.5 and 2%).

The interest rates of the social loan is also good, it is usually charged between 2% and 5% depending on various factors, conditions and terms. The fact is that this mutual benefit to the lender and contractor has helped make this form of loan a great alternative to bank loans that have higher fees and exaggerated bureaucracy for granting.

Alternatives to collective loans

 Alternatives to collective loans

The form of personal and occasional loan between two individuals that takes the form of collective loans in Brazil is considered illegal and there is no regulation provided by law, here only financial institutions holds the right to offer money at interest. In more advanced countries, the Civil Code itself qualifies the creditors and allows contractors to freely hire private interest.

Although everything happens in virtual environment, it is necessary to sign contract with all qualifications and financial reports to be validated and legitimate, including the date of repayment, type of loan, personal information of both parties, total, interest rates etc. ., the legal consequences are the same as a financial operation of the conventional system.

“Personally I doubt that here in Brazil this new loan alternative will be released at least in the next 5 or 10 years”

UPDATE : After a few years after writing this article, the scenario changed completely and was once considered as a threat to the profits of the big banks, today is the purest reality, the debit is in full swing and you who are a consumer of credit is the favored one, if you want to know more about everything related to peer-to-peer.

Proof of Income: What It Is, Importance and How to Prove Income



 Everyone has gone through a situation where a proof of income was required .

Almost always they are required to release credit products.

Therefore, loans , financing and credit cards always have this requirement. There are cases where it is also required to open bank accounts.

Whatever the purpose, it serves for financial institutions to assess credit risk . It is from then on that they determine the limit that can be made available.

The problem is that although the practice is common, many people do not know which document they can use for this purpose.

In this article we will take all your doubts about income vouchers . Check out!


What is a proof of income?

 What is a proof of income?


The act of proving income is nothing more than confirmation that a person will be able to shoulder a debt.

For this she presents vouchers that record her gross family income.

Generally, they are documents that present the monthly incomes in a certain period of time .

It is according to what the person is able to pay that will occur the release of credit.

It is natural, then, that no document is accepted for this purpose. Many people believe that they can issue proof of income online.

The situation, however, is not so simple. Reliable sources are required to validate the record.


What is a proof of income for?


 What is a proof of income for?


The function of the voucher can be understood on two sides. As we have seen in previous topics, for the bank means a safe way to analyze the viability of the loan .

This way, no financing is released that could compromise the clients budget.

If you win $ 2,000, you will not be able to afford installments of $ 1800 on a loan.

The transaction would pose risks to both sides . Those who are looking for the loan have in the supporting documents how to ensure that they can keep the commitment.

Importance of proof of income

 Importance of proof of income


 By analyzing the function of this documentation well we can understand its importance. We know that institutions protect themselves from default, that is, from the loss that could be caused by non-payment .

There is, however, a dimension of consumer protection in this story as well.

See that by preventing a person from taking out a risky loan, he is getting rid of a potential debt.

A framework that could end up evolving into a dirty name .

Consequence that can hinder the life of individuals and companies, preventing them from having access to credit in the future.

In what situations do I need proof of income?


 In what situations do I need proof of income?

But, after all, what are the situations where proof of income is required?

The most common example in this regard is the borrowing .

Financing is another common practice in which vouchers are required and these can be real estate or student loans.

In the rental of real estate also occurs the requirement , as well as in the consortiums for the acquisition of goods.

To open accounts and be entitled to credit card, check stubs and special credit limit as well.

It is interesting to note that with regard to loans it is possible that they be carried out without proof of income .

To know more about the loan without proof of income just check our article on the subject. The following is a summary of how credit is granted in these cases.


Do I need to prove my income to make a loan?

Do I need to prove my income to make a loan?


It is not always necessary to prove income, as we saw in the last topic. What happens in this case is that the interest is usually higher, because of the risk assumed by the financial .

Even so, this option is good for emergency situations. Those who are unemployed may also have difficulties when it comes to getting credit .

In this case the only documents required are those for identification – RG, CPF and proof of residence.

Of course, if we do not talk about emergencies it becomes more advantageous to look for the option that requires proof of income . Because?

The main reason is that interest rates are usually lower, after all, the risk to the borrower is lower. Want to find the best rates on the market?

Make your personal loan search good for credit.


Can I Hire a Credit Card without Checking Income?

Can I Hire a Credit Card without Checking Income?


 We have seen that in order to obtain a credit card it is common to have an obligation to prove income .

We also said that there are some loans that do not require the requirement.

Well, know that the same is possible with the cards. In general this service is often difficult to release for freelancers and people who are starting financial life.

One of the credit card options without proof of income is the college model .

To acquire it, in addition to being enrolled in a higher education institution, it is necessary to open an account at the bank that offers the service.

Other options are to link the card to a savings account or use the prepaid template. Want to compare options to choose the best alternative for your need?

Then take advantage to get your credit card in Good Credit!


What to Do to Get a Proof of Income?


 What to Do to Get a Proof of Income?


By now you may be wondering how you can get a voucher for your income, right?

There are numerous documents that can serve this purpose . The choice will depend on your particular situation.

Those who have a salary and a fixed job, for example, can use the work card as proof of income .

It is also important to remember that each institution can present its own rules.

This means that documents that are valid in one situation, or location, may not be in other circumstances.

Therefore, to obtain a voucher before it is necessary to know what document required by the company in question .

We will deal in detail below with each of these options and the contexts in which they are useful.


How to Check Income?


If the occupation, financial institution and objective determine what will be required, how then can we prove income?

Once the required documents are known, the process is very simple.

Among the most common proofs are the declaration of income tax, pay stubs and bank statements.


Anyone wishing to make a proof of income should actually look for one of these documents.

The same is true if other vouchers are requested, even though the citations serve in most cases.

For those who do not have a fixed salary, however, the process is differentiated . The following explains how this category of professionals should confirm their income.

MEI and Small Business Owners


For Individual Microentrepreneurs (MEI) the corresponding document is the Annual Declaration of the Individual Microentrepreneur, DASN-SIMEI.

The registry includes among its information the annual gross revenue of the enterprise. Always remembering that for the MEIs the maximum yield can not exceed the R $ 81 thousand per year .

This means an average of up to R $ 6,750.00 per month. The important thing is that for the two categories of businessmen described, the annual income records that are delivered to the Revenue serve the purposes of verification .

Freelancers and Professionals

Freelancers and Professionals

Your question is how to make a proof of income as a freelancer ?

In these cases where there is no fixed income, the income tax helps to demonstrate the income of the professional.

If there is fixed service provision, an Autonomous Payment Receipt (RPA) is enough.

Here the document has the same validity as the paycheck for fixed workers.

Other assumptions involve long-term supply or sales contracts.

We must emphasize that for some institutions a history of stability is still relevant . Therefore, the indebtedness can count negatively when the credit is requested.

Are you self-employed and looking for a loan to take your plans off the paper? Know that Good Credit can help you in this endeavor.

Want to know how? So check out the top information about the online loan for freelancers and enjoy to simulate yours for free!

Signed Portfolio Workers

 Signed workers are those who have the least difficulty in proving their income.

Just present the document to confirm your income. Of course, not all institutions will only accept the portfolio. It may be necessary to present the latest holerites as well .

In some cases the requirement will include the declaration of the Income Tax.

If the professional presents variable income – as in the previous examples – the rule changes a little. Three paychecks may not be enough.

The institution will determine the period required to arrive at a reliable average of income.

Learn more about salary loan options in the guide we have prepared.

Retirees and Pensioners

The last category we will deal with is retirees and pensioners. For them, the proof of income may also be the IR’s statement .

The document is valid even for those who have a patrimony that serves to supplement the income through rents.

The same rule applies to any bank applications. A common question among retirees and pensioners is also whether there is a proof of INSS income .

What is there is the statement of social security that serves to attest the income of the insured. Net and gross amounts received can be found in it.

What is Considered Proof of Income? Types of Proof of Income

 What is Considered Proof of Income? Types of Proof of Income

The variety of documents that can be used to prove income is quite wide. We have already given several examples that fit the most different situations and needs.

Nevertheless, we remember again that the best guide to know which document to present is the credit institution itself.

What we can talk about what serves as proof of income is what it should present.

For, whatever its nature, it must be issued by a reliable source to confirm and record its income.

We will now outline an overview of the documents most frequently required by banks and other institutions.


It may be that most of your income comes from a pension – the INSS, for example.

In this case, it is possible that filing a record as income tax is not enough. It will probably be necessary to present the proof of receipt of pension .

With regard to the INSS statement, it can be withdrawn from the Social Security portal or from an agency of the agency.

This record serves to prove income in financing and is indispensable for payroll deductible credit . If you are retired or pensioner, take advantage of the facility to withdraw this voucher online.



 The Proof of Income Perception or Decorating Statement is a document intended for liberal professionals.

Although little known, in 2000 it replaced payrolls in proving the earnings of the workers in that category.

Thus, it serves for lawyers, dentists, brokers and different autonomous functions .

It is recommended that the record be prepared with the assistance of an accounting professional. He will know which documents to put together for Decore.

The accountant may need statements, income tax returns, receipts, rent receipts and so on. Anything that can generate income should be remembered.

Contract of Work

Contract of Work

If you have an employment contract – no matter whether fixed or just regular – it can serve as proof of income . It is through it that the monthly earnings will be calculated.

Recall that service contracts are a good alternative for those self-employed who wish to prove income.



This is a very specific voucher that demonstrates all the employee’s monthly earnings.

That is, credits, including overtime, and debts are recorded on the paycheck.

Most financial institutions accept this voucher . It should only be observed its date of issue: up to 90 days before the request.

Therefore, the documents that correspond to the last 3 months of salary are presented. It is worth noting that information on the paycheck is not always complete.

When there are commissions on sales, or profit sharing, some companies end up not detailing the source of income.

Income Tax Return

Income Tax Return

Another document very requested as proof and which we have already mentioned several times throughout this article.

Virtually every institution and circumstance that involves credit can make use of IR . With it we inform the income of the previous year.

But beware: even though it is widely accepted, one must be prepared to present other documents as well.

What’s more, they must always be up to date. A bank statement, for example, may serve to confirm what is present in the Income Tax.

If there are divergences between the registries the granting of credit will eventually become more bureaucratic.

For those who do not pay IR it is worth remembering that there is no proof of tax exemption. Want to know everything about the statement?

Our article about the income tax (IR) will get your main questions on the subject!

Bank statement

Bank statement

 This proof of income is probably what most raises doubts and controversies . It is not always accepted and the objection may even be recorded in credit agreements.

If there is no impediment, however, the same procedure of the paychecks is adopted. That is, they present documents related to the last 3 months .

Thus an average income can be calculated to guide the credit analysis .

Taking into account that it is not usually officially a voucher, it is interesting to increase its credibility.

Instead of getting it at the ATMs the recommendation is to get it with the bank manager . He can sign and (or) stamp the extract increasing its reliability.

How to Check Income with Bank Statement?

First, bear in mind that it is not officially a voucher. Although it is undeniable that it can point to income, since it records the financial movement of an account.

This is the reason why many banks accept the statements .

But, after all, how to prove income through bank statement? We reiterate that this will depend on the financial institution.

In any case, if this document is accepted, it is necessary to present, as we have said, a minimum of 3 months of extracts . When necessary the term can increase to 6 months.

Work Portfolio

Work Portfolio

A work contract with active contract is already used in most cases as a proof .

The reason it is accepted is the record of the base salary on your pages.

But it turns out that right here is a but: your income will not necessarily sum up to this value .

Therefore, there is a possibility that you can afford larger loan or credit amounts.

In this particular case, the work permit serves as proof of income , but it can not be the only one. Other documents must be submitted to arrive at your actual income.



The pay stub is nothing more than the paycheck: a monthly receipt in which credits and debits of a job are recorded .

Among the people who can use the document for verification purposes are salaried workers, retirees, pensioners and also public servants.

Frequently Asked Questions about Proof of Income


To complete this true dossier on proof of income, we must still answer a few more questions about the subject.

We will deal first with proof of income for those who are unemployed . We’ll talk about family income later. Check out!

How to Check Income Being Unemployed?

How to Check Income Being Unemployed?

 Most of the documents we mention throughout this article demand that the person be employed or working on their own.

And it does not matter in this case whether the work is formalized or intermittent. In what way could a proof of income be made for those who do not work ?

First of all we must remember that the income tax can also be declared by unemployed persons. After all, it concerns year-round income.

To present proof of income unemployed there is still another option. Learn all about unemployment insurance to find out how this is possible.

What is a Family Income Statement?

What is a Family Income Statement?

It is likely that in some circumstances when trying to prove your monthly earnings you have come across a household income survey.

What this represents is the gross sum of what each resident of the same household earns . In this case we count in the calculation all the gains received.

Including pensions, pension benefits, commissions, self-employment income and so on.

The concept should not be confused with per capita income. The latter refers to the division of family income by the number of individuals who constitute it.

What Happens If You Use Fake Income Statement?

What Happens If You Use Fake Income Statement?

Before closing, we leave a warning: all vouchers that are presented to financial institutions and other companies must be legitimate.

It is true that today on the internet we can find ready and editable documents. But know that organizations have the means to check the legitimacy of registration.

Therefore, when presenting a false income statement, in addition to running the risk of having the credit denied, the institution can bring the matter to justice .

Falsification of documents is a crime and can lead those who use it to have to respond legally. Do not fall for this trap!



The Proof of Income is essential for obtaining credit and even for hiring some services .

Are you looking for personal credit? Do not worry, we’ll help you find it. Visit Good Credit to find out how!


All about Your Credit Rating


Before you can take a loan, your credit rating must be assessed by a lender. This is called a credit rating. In this context, your lender (creditor) will investigate your ability to repay and repay a loan from public and private information available. If you want to know more about what influences the credit provider’s credit rating, read here.


Therefore, you must have made a credit rating


Therefore, you must have made a credit rating

It is essential for a creditor to make a credit rating for you as it provides insight into when the money is repaid. In addition, a credit rating helps to determine the conditions for your future loan. That is, how much you can be allowed to borrow and what interest rate you are offered. This is definitely based on three different factors that you can read more about in the next section.

Three risk factors that affect your credit rating

Your credit rating is most often based on three different factors. These factors are as follows:

  • Income and expenses
  • Personal relationships
  • repayment History

Income and expenses. If your loan needs to be approved, then your finances must be able to cope with the loan costs. Therefore, it is an advantage with good income income and a permanent job.

Your creditor will not only examine your income but will also look at your expenses and outstanding debts, as these aspects help determine your monthly availability. Then your creditor can assess your ability to repay the loan.

Personal relationships. Your personal circumstances also affect your credit rating. Your loan provider looks especially at your residence, family relationship and employment history.

It is beneficial to be a resident of the country in which you borrow money. In addition, it is also more likely that you will be allowed to borrow a loan if you are a home / car owner, as these assets can be pledged, which gives the borrower better refund options.

Your family relationships can have both positive and negative consequences for your future loan. For example, you want to have better opportunities to take out a larger loan if you, for example, is married. This means that the total income is higher. On the other hand, children living under the age of 18 may have the opposite effect on your credit rating, as you have more expenses to be paid.

In addition, your employment history gives the creditor an indication of the stability of your finances. For example, if you have long periods without employment, so it may affect your credit rating.

Repayment History. When your loan provider examines your repayment history, account and debt repayment, loan pattern and RKI registration are taken into account.

If you can figure out how to pay your bills on time, avoid taking out loans regularly and not being registered in the RKI as a bad payer, and this will result in a positive credit rating and vice versa.


Positive or negative credit rating


Positive or negative credit rating

When a creditor or the loan provider has collected the above information and made a credit rating, it can either be positive or negative.

You will receive a positive credit rating if you are assessed to be able to comply with your loan agreement and repay the loan on time. However, a negative credit rating is a prerequisite for you if the lender considers you to be a major risk of being a bad borrower. Most often, this means that your loan will not be approved.

Don’t be nervous about a credit rating


It may seem like a comprehensive and unnecessary process for many to have a creditor to review one’s finances and privacy. However, you must perceive a credit rating as a security for financial situation.

If you are not considered able to borrow money, then it is probably the best solution for you to let go. It is never a good idea to borrow money for a new car or house if your finances are not robust enough.


Loan – 10 Golden Tips to Test and Do Now



Loan with dirty name ? Many people search Google, Bing and Ask for this type of financial transaction to raise money. The hope! This one never dies. Anyone looking for the dirty name loan expects to find a lender or credit company that positively signals the lender even wants the loan but is restricted by the protection agencies because of unpaid debt.


Loan alternatives with dirty name


Loan alternatives with dirty name


Do you know someone who has already obtained in some bank or financial, “money borrowed with dirty name in Brazil”, if you know please inform us to make the provision of Internet users, it is not worth the loan payable to retirees and public servants, all of them know that it is okay to be enrolled in Serasa or Spc.

To dream, to deceive, to live in an abstract reality or to despair, this is what happens when a person is in debt and can not see a favorable solution to get out of the drama of not having money to the minimum necessary. Working to pay and not to spare is the dilemma of Brazilian citizens struggling to survive and pay their bills.

It’s no use sticking to find credit companies on the internet, which could happen if you fall for some smart guy out there, if you’re in this condition and can not see viable alternatives to get dirty loan with banking and financial institutions, do not despair It is known that the institutions and companies that finance credit consult Serasa and Spc, in addition, do a credit approval analysis in detail.


Tips for carrying out “borrowing with dirty name”


Tips for carrying out "borrowing with dirty name"


1) Get an Guarantor or Guarantor, some suitable financiers accept this modality, but it is rare;
2 -) Ask for a close friend or relative to make the loan you need;
3 -) You have checks, it is a very expensive loan, but there are companies that do. But you can not have checks in the CCF;
4 -) Ask someone who has Check to make the loan for you;
5 -) Your Grandfather or Grandmother can make a consignment with very low rates, ask for them;
6 -) Pawning, if you have any valuable asset, consider making the Pawn of the Box;
7 -) Have car removed, do a Vehicle Refinance;
8 -) Has real estate removed, make a Refinance of Property;
9) Seek the Union of your class of workers;
10 -) If you join Credit Cooperatives in Brazil, it can be a hand in the wheel.

Another alternative to the dirty name loan is the (unnecessary selling utensils), everyone has something they do not use anymore, do an auction or put it on the free market, pack the money and “clear your name”.

It is worth remembering that the loan with dirty name is only difficult for ordinary people who work in companies that do not have agreements with banks or financiers to loan the sheet, but for those who are public servants or beneficiaries of INSS, they can get the loan with facilities.


How to secure the loan you need


How to secure the loan you need

It seems even contradictory, I am writing this, since I am against the loan with relatives, but in some financial situations where things are not going well, having friends and a family together can help in solving many problems, having a guarantor or guarantor which can guarantee the loan you need, makes the difference.

To get out of the social, make a contract or sign promissory, if the cause of the need for the loan, be unavoidable.


Mortgage – Compare the entire Marketplace | Personal Credit


The bank includes, in its range of offers to the clients, a financing to buy house. The bank’s housing credit has many advantages, and consumers can subscribe to other services and products of the financial institution to achieve better conditions. In addition, there are some bank clients available for housing credit protection.


The housing loan offer of Bank

 The housing loan offer of Montepio Bank


The bank’s housing loan has a quick response with several financing modalities that are adapted to each client. It has an exemption from the cost of evaluation of the property (which results in a saving of 210 euros) and allows a reduction of up to 0.7% in the spread .

You can have access to two different interest rates. A variable, indexed to the 12-month EURIBOR plus spread , and a fixed rate that may have different periods – 2, 3, 4, 5, 10 and 15 years -, adding spread and possibility of renewal.

In terms of terms, the Montepio bank’s housing loan has a maximum term of 40 years, and can not exceed the limit of 75 years of age of the borrowers at the end of the contract. Montepio bank finances up to 80% of the appraised value of the property.


How to reduce the spread?


How to reduce the spread?


There are several ways to lower the spread so that Montepio’s total housing credit cost is reduced. Firstly, it is necessary for the client to keep a balance of deposits with more than 35 thousand euros and, in addition, to subscribe five of the following products or services:

  • Ordained Account;
  • Acquire a Montepio credit card with a minimum use of € 500 per semester;
  • Have a SEPA direct debit system (at least two) and Montepio24 Service with activation of digital documentation;
  • Life insurance or multirisk-housing of Lusitânia, insurance company of the Montepio Group;
  • Have a Protection Insurance: auto, personal accidents, health or life (excluding the life insurance associated with housing credit);
  • Maintain a balance of deposits with a term equal or superior to € 5,000;
  • Make a PUT of FUTURO – company of the Montepio Group – with balance equal to or greater than 1,500 €;
  • To be an associate of Montepio Geral Associação Mutualista.

Another option that clients of this bank may consider to obtain special financing conditions are the Montepio properties, which are the bank’s dwellings that allow the interested parties to obtain financing to buy a house up to 100%, as well as attractive interest rates and a lower spread .

Early repayments


Early repayments


Early repayments of the home loan may be made, in whole or in part, of any amount.

Partial amortization must be requested at least 7 working days before the due date of the next installment, being 10 working days in relation to the date intended to make the payment in the total amortizations.

Early, partial or full amortization is subject to a 0.5% commission on the amortized amount, which is increased by Stamp Duty (in the case of the fixed interest rate regime, that value is 2%).

Situations are exempted on grounds of death, unemployment and occupational travel. If the contract is fully amortized and in advance, there will be added legal costs, namely the cancellation fees.


Credit protection for housing


Credit protection for housing


Protection Plan

Protection Plan

Montepio Bank’s Mortgage Protection Plan is an insurance that offers a set of coverages and guarantees that protect the consumer in the event of unforeseen events, with the following advantages: guarantee of the total payment of the capital owed in case of loss , accident protection in any part of the world and also the possibility to opt for several guarantees and coverages according to your needs.

With regard to the coverage of this insurance, it guarantees the insured party the payment of the capital owed to the housing credit whenever there is a disease or accident that results in the death or absolute and definitive disability of at least one of the insured persons.


Insurance More Mobility


=Insurance More Mobility


Finally, Montepio Mais Mobility Insurance is a product exclusively associated with the Montepio More Mobility Credit, which is intended for citizens with reduced mobility.

This insurance enhances mobility in the sense that the Montepio bank, in partnership with the insurance company Lusitânia Vida, developed this exclusive product to guarantee the payment of the capital owed in case of death of the insured person. This insurance does not have a grace period and the term can be between 24 and 96 months, depending on the time period of the credit agreement.

With regard to the addressees, these may be proponents of Montepio Mais Mobility Credit between the ages of 18 and 60.

Fintech Market for Modern Business


In the market since 2016, BizCapital received last month another contribution of investors to expand. It is the third in just over two years of operation. But what attracts both eyes and arouses the interest of those who understand the subject? How and why are fintechs gaining more and more space in Brazil? How do they work and how can they make life easier for micro and small business owners? Futher reading at

All of these questions will be answered in this post. Keep up with us!

How has the fintechs market been growing in Brazil?

How has the fintechs market been growing in Brazil?

Fintechs are called companies that, using technology, can propose innovative financial solutions that facilitate and unbureaucratize services for the final consumer.

By presenting far more advantageous proposals than common institutions, fintechs have been gaining the preference of micro and small entrepreneurs who need to borrow without endangering the financial health of their business.

When compared to traditional bank lending, fintechs have many benefits, such as ease of application, transparency in the process, agility to get the money on time, and lower fees.

According to the Fintechs Map , released in May of this year, there are 377 fintechs in Brazil today. With regard to the level of maturity, the numbers are quite expressive. Of all of them, 37% say they are in the expansion phase and 31% are already ready to stagger.

BizCapital receives a contribution of R $ 20 million from foreign investors

BizCapital receives a contribution of R $ 20 million from foreign investors

On the radar of foreign investors , in September 2018, BizCapital received a new contribution of R $ 20 million from Quona Capital , a venture capital company dedicated to financial technology for inclusion in emerging markets, and the Monashees and Chromo Invest funds.

According to Jonathan Whittle, partner of Quona Capital, in an interview with ComputerWorld , “Brazil is at the beginning of a fundamental reorganization of its financial services, driven by startups such as BizCapital, which use technology and an innovative business model to needs of companies in need. BizCapital is an important addition to our growing investment portfolio focused on small business lending. “

The investment will be used to invest in more technology, prepare the company legally to file a request to the Central Bank to become a Direct Credit Society (SCD) and as working capital to expand next year.

With the objective of improving the digital platform and automating the processes , the first contribution was received in September 2016 and the second round of investments in January 2018.

How are fintechs making money “cheaper”?

How are fintechs making money "cheaper"?

In addition to the high interest rates – considered the largest in the world – the bureaucracy of Brazilian banks makes business owners waste time and money. Therefore, it is very common in the reality of the micro or small entrepreneur the difficulty to contract the necessary credit when it comes to expanding your business .

So a great option to simplify this practice are the financial industry startups. Bank waiting times and time-consuming procedures are replaced with convenience, security, transparency and speed of doing everything with just one click on your computer, tablet or smartphone.

Through the use of technology, fintechs develop tools that can predict consumer behavior, reduce risk, prevent fraud, and thus make operations more flexible and loans faster and cheaper, so that the entrepreneur can focus on the growth of your company.

The integration of information facilitates access to credit for micro and small entrepreneurs

Purchase, issuance of invoices, measurement of results, link with credit protection institutions, among others. Nowadays, all our activities can be registered and quantified.

By integrating information and without violating the privacy of each organization, all of this specific data for each applicant can be accessed and verified to make the process of granting a loan more accurate and reliable.

In this way, the proposals offered by fintechs can be customized and shaped to the specific reality of each customer, providing a fairer, more satisfactory result and other advantages, such as greater productivity and profitability for your company.



Financial Sustainability: Know More What It Is and How to Achieve It


Effective management is the best way to ensure your business is viable. This has everything to do with the concept of financial sustainability. The idea is to balance income and mode of consumption. That is, find ways to use natural resources more consciously. for clarification

How does this impact your business? Simple: You can reduce costs and, as a result, increase your bottom line and your bottom line. For more details, follow this post and see what it is and how to achieve the sustainability of your business finances.



What is financial sustainability?

What is financial sustainability?



Sustainability is a term usually related to environmental aspects, but it can – and should – be applied to finance . As we said, the purpose is to know how to use resources in a rational way, since the expenses made with quality and the avoidance of unnecessary expenses leads to the formation of a reserve for emergencies.

This can be applied to your personal life as well as to the company. In the corporate world, the goal is to have a more comfortable and balanced reality, which ensures the possibility of maintaining long-term projects. Thus, the company can also fulfill its social mission.

What attitudes are needed for personal financial sustainability?

What attitudes are needed for personal financial sustainability?




If an entrepreneur can not organize his own financial life, he will certainly be unable to keep the company’s resources in and out. So the first step in putting the company’s finances on the ground is to think deeply about personal spending and correct the attitudes that undermine the monthly budget.

Having a sustainable financial life means shaping the standard of living to disposable income. That is, you can not spend the salary that has not yet been paid in advance – as happens when we incur debt on credit cards, financing or installments.

In addition, planning for a sustainable retirement can provide conditions for the entrepreneur to maintain the standard of living when he or she stops working. Soon, with his future protected, he could focus on the future of the company. Therefore, you need to build a balanced family budget and have a responsible relationship with your own money to achieve personal financial sustainability.

What are the benefits of financial sustainability for companies?


The great advantage of companies adopting this concept lies in the fact that sustainability is related to activities of accounting, strategic planning, adaptability and vision of the future.

With this, the company manages its finances better and guarantees the fulfillment of investments and payments, as well as the maintenance of infrastructure costs. If this is not done, the business becomes unfeasible. These are other advantages of adopting sustainability:

  • increase in profit: the report of the MIT Sloan Management Review and Boston Consulting Group, published by the Journal of Sustainability , said that sustainable strategies were responsible for the profit of 37% of the surveyed. In addition, 50% of organizations modified their business models due to opportunities that arose in the area;
  • increasing competitiveness : companies that invest in sustainability invest in the quality of life and well-being of employees, in reducing environmental impacts and in maintaining positive results;
  • valuation of actions: the organization that focuses on sustainability is more efficient, because it analyzes several aspects and tries to evolve with the obtained results;
  • better corporate image: companies that adopt sustainability are well-liked by consumers and the community at large – many people prefer to buy from responsible companies with natural resources and the environment.
  • financial tranquility: the sustainable use of resources ensures more financial peace, because the budget is applied in a balanced way.

Despite these benefits, many entrepreneurs still question the validity of this concept. Problems managing and disrupting documents and data can make this process difficult, but you can apply it to your business.

How to apply this concept in practice?


The idea of ​​sustainability addresses 15 business areas. Are they:

  • strategic planning;
  • quality management;
  • leadership and sustainability;
  • sustainable purchasing;
  • financial management ;
  • productive chaining;
  • Social development;
  • people management;
  • efficient use of water;
  • efficient use of electricity;
  • solid waste management;
  • legislation, standards and certifications;
  • marketing and communication;
  • market and conscious consumption;
  • public policy.

The idea of ​​this broad scope is to allow the entrepreneur to review all his actions and, from there, identify the mistakes that are made and hurt the business.

It is important to emphasize that sustainable actions are translated into simple attitudes such as flexibility, good working environment, adequate leadership, favorable organizational climate and other situations that improve the quality of life at work.

The good use of resources and the avoidance of waste are other recommended actions. For example: to implement a technological system to reduce expenses with paper. Or use the remains of the production sector and reuse for another purpose.

What practices should be avoided to achieve financial sustainability in the business?

What practices should be avoided to achieve financial sustainability in the business?




In the previous topic, we talked about what it takes to achieve financial sustainability in a company. However, there is also the other side of the coin: the practices that should be avoided. Check some more about some of them:

  • to adopt practices with the objective of taking advantage in public competitions – the sustainable company can not be associated, in any way, to illegal schemes or corruption, since the funds diverted mean less resources for the population (transport, health, education, leisure, etc.) ;
  • use non-renewable energy sources as the company’s main electrical maintenance;
  • neglect good safety practices in the workplace or in production and thereby endanger the health or physical integrity of employees;
  • discriminate against persons and employees by race, religion, color, sexual orientation, etc. It should be noted that this issue is also valid for selection processes, which must be fair and respectful of the principles of equal rights;
  • to create confusing or unfair contracts to establish partnerships with other companies or to provide services and sales of products to customers;
  • disregard technical standards and good practices for the goods produced and, consequently, endanger the physical and psychological health and safety of consumers;
  • not to provide an efficient customer service channel (SAC);
  • inform the characteristics of the products or services in an inappropriate way for the consumers;
  • not to inform the correct disposal of packaging, products that are out of date or will no longer be consumed for any other reason;
  • do not adopt reverse logistics – when necessary – to prevent certain products from being disposed of in the environment. This point should not be neglected by companies that manufacture products that are slow to biodegrade or attack nature (batteries, tires, medicines, toxic products, etc.).

Keep in mind that all these practices affect and the company image and, consequently, your billing. And as seen, increasing revenue and profits is crucial for a business to stabilize its finances and can continue to grow.

How you could perceive, understand and apply financial sustainability is not difficult and your company has much to gain. Increased competitiveness and productivity are enough to justify the adoption of this model in your business. And if you want to have more practical tips like these, subscribe to our newsletter and see how to improve your business every day!


Loans: What Is The Importance of it For Your Business?


The definition of social capital is one of the first steps to start the strategic management of any company. Precisely for this reason, it should receive the same attention given to the products and / or services offered by your business. But despite its importance, for many people, the notion of social capital is still very difficult to understand.

In this post we will help you to understand what this concept is, what its importance is to a company and how to define it within your enterprise. Check out!

What is the social capital of a company?

What is the social capital of a company?

Capital is understood to be the financial power of an organization. That is, it is the amount invested by the partners so that the enterprise begins its activities. When someone says that a company is worth a certain amount, a part of that market value is related to social capital, which tends to keep pace with the growth and evolution of that business.

However, it is also possible to say that this concept goes beyond the financial perspective. It refers us to three different spheres and the financial one is only a part of that whole. Understand below what each represents:

Financial Sphere

Financial Sphere

Refers to the equity of the company, investment of the entrepreneurs to start the activities until the organization can walk with their own legs. Whenever there is an increase or decrease in the investment, the capital stock must be modified by means of the social contract.

When resources are transferred from the shareholders’ equity to the entity’s equity, it can also be called paid-in capital.

Social Sphere

Social Sphere

It concerns the set of rules of relationship between all the members of an enterprise. This perspective should also be foreseen in the social contract and it is essential to define the power that each partner holds, besides the objective and the way of organization of the business.

Sphere of Responsibility

Sphere of Responsibility

Directly related to the previous perspective, here limits of responsibility are established to the partners of the company. This concept, generally applied in Limited Companies, takes into account the proportion of each partner’s investment, which is reversed and measured in shares (R $ 1.00 = 1 quota).

Limited Partnership x Joint-stock Company: what’s the difference?

Limited Partnership x Joint-stock Company: what

The model of incorporation of a company is also a determining factor for the formation of social capital. There are many differences between them as regards social capital itself, the distribution of responsibilities and financial results. So we need to know them better:

Company Limited (Ltda.)

Limited Partnership x Joint-stock Company: what

Here, the capital stock is reversed proportionally in quotas and these quotas represent the percentage of each partner over the business. For example, if you and a friend opened a cafeteria investing $ 15,000 from your pocket and $ 10,000 from him (R $ 25,000 in total), you proportionally own 15,000 quotas and he 10,000. That is, 60% and 40% of the company, respectively.

In this case, if the organization defaults and creates debt , the partners must take responsibility and use their personal assets for the discharge of the same, according to the proportional limit of the shares of the capital stock.

Company (SA)

Company (SA)

In the Corporations, the company is sliced ​​into shares and the shareholder’s liability is limited to the price of the shares subscribed or acquired, and restricted only to the payment of these acquisitions.

Therefore, in this case, if the company declares bankruptcy, shareholders do not have to pay for losses other than loss of stock and only the company’s equity is compromised.

How to define the social capital of your business?

How to define the social capital of your business?

The first step in sizing up social capital is to carefully assess the scenario in which your market is located and have a very well defined business plan. Working capital , initial company expenses, payroll, billing forecast, cash flow and balancing point are some of the key elements that should be analyzed.

After defining the amount that will guarantee the financial sustainability of the venture, all the partners must meet and indicate what will be the contribution of each one to reach such value. At this point, other than financial aspects can be taken into account, such as a portfolio of clients, know-how or the implementation of new technologies.

It is worth remembering that the most important thing after defining the proportion of investments and responsibilities is to discriminate everything in writing in the so-called social contract . This phase requires a lot of attention, since any changes that need to be made in the share capital must be changed and registered also in the social contract.

What are the benefits of social capital for a company?

What are the benefits of social capital for a company?

Finally, after putting all the points that we speak in order, finally defining the social capital and signing the social contract, your company has much to gain.

Among the benefits of strategic social capital management are: better management of investment resources, planning of long-term actions and determination of limits of responsibility and ownership of the company that each of the partners must have.

In short, social capital is very important and its main functions are to financially support the first activities, to signal the economic strength and value of the company in the market and to define the number of partners or shareholders and their respective commitments to the company.


So, did you like this article? We at BizCapital are here to help business owners who want to see their business take off! Keep an eye on our blog and check out other tips on the world of entrepreneurship.

How to Organize To Expand Your Business?


Making a business grow and walking with one’s legs is a great dream and at the same time a great challenge for traders and entrepreneurs. Selling well, gaining market space and gaining new customers are positive indicators that encourage micro and small entrepreneurs to focus on expanding their business. An editorial over at

But what many of them do not know – or do not pay attention to – is that the growth of a company also depends on other factors, such as the organization of cash flow and the investment in employees and production processes. When done on time or in the wrong way, this step can be larger than the leg, bringing more problems than benefits.

In this post we have put together a series of tips and guidelines that will help you get organized to expand your business on time, in a healthy and sustainable way . Check out!

Is your company really ready to grow?

Is your company really ready to grow?

Before making any decisions, visualize all the aspects that involve expanding your business and ask yourself: Is my company really ready to grow?

To answer this question you need to have a minimum structure required. So, make an analysis around three main points:



Is your business in danger of disappearing over time? Take into consideration the sector in which you are inserted and the growth that it has been having in the market. If it is positive, your company will probably follow that flow.

But be careful not to confuse ascension with fadism. Therefore, it is best to complete one or more cycles that show that the business really is perennial. For example, if you opened a gelateria, the ideal is to consider the period of two or three seasons – from one summer to the next – to make sure that the business will be firm.

Loyal customers

Loyal customers

Surely you have heard that customer loyalty is much more difficult than winning new ones. And it’s true. A solid base of satisfied customers with your product, service or service says a lot about the robustness of your company. At this point, expanding your business, more than a will, can also be a necessity.

Remember that keeping your customer roster up to date can help you a lot up there when your business is already bigger.

Financial planning

Financial planning

To put the expansion of the business into practice it is necessary to have a very well structured financial planning . Organize your cash flow , analyze the risks, and evaluate current and future profits. This will help you identify what investment will be needed and how long you will have the return on it.

It’s time! What are the first steps?


Now that you know that your company is ready to grow healthily, you can begin to chart your way to expanding your business . But how to do this? The first step is to identify which expansion model best suits your needs. Some options are:



In the franchise system is the franchisee who assumes the risk of creating the venture. In return, he receives the training and work model that were developed by the matrix.

To get started, you need to have an analysis of your company’s legal status and well-planned strategic planning. In addition, to have a standardization of the quality of your product or service, it is very important to define your market position, value of your brand, factors that differentiate you from the main competitors and what your business model.



Because it requires more planning, dedication and a very efficient management, this expansion model represents a big step. Only the company’s high billing does not justify such a decision. In addition to producing more, it is necessary to generate enough capital to sustain the new unit. In some cases, for example, it is necessary to recalculate the value of the final product to ensure return on investment in less time.

One tip: Keep all finances separate. That way you can measure the results and prevent the affiliate from interfering with the financial health of the business as a whole.

New sales channels

New sales channels

For those who are not yet ready to open new units, expanding sales channels is also a way to expand their business. For example, if you have a beach fashion store, an interesting option could be to open an e-commerce or get commercial representatives to take your product to other places.

Do not forget that from the moment you add a new business model to your company, all financial and operational management should be re-evaluated.

Increase in product variety

Increase in product variety

A simpler way to make your business grow is to complement the options available to your customers and extend the products offered. Thus, the old customers start to invest more and there is the possibility of attracting new ones. Another advantage is that the lags caused by periods with less movement tend to decrease.

How to organize for a fast and healthy growth of your company?

How to organize for a fast and healthy growth of your company?

Once you decide what your company’s expansion model will look like, it’s time to get organized to put the plan into practice.

It is common that, at that time, the entrepreneur sees the need to increase his income so that his projects can get off the paper. Increased number of employees, improvement of production processes, purchase of more raw material and investment in a new space are common expenses during the expansion.

Taking into account that strategy and planning are already well aligned at this stage, contracting credit in the right way can be a good solution. Thus, it will be possible to invest in the growth of your business without compromising your financial health.