In the midst of the global crisis we are currently experiencing, generated by the coronavirus pandemic, with the high unemployment rate and high cost of living, for most Brazilians, it is very difficult to maintain a good score or even a clean name. .
As a result of this situation, people end up having great difficulties in going through the credit analysis of financial institutions, and with that they have to face the sad reality of seeing their applications for credit cards, loans and financing being rejected.
However, there are some alternatives created by banks to facilitate the granting of credit to people who fit into this situation, including the hiring of cards. Generally, the proposed options are payroll or prepaid credit cards.
What are payroll cards?
Well, for those who still don’t know, payroll cards are those aimed at retirees, INSS pensioners and public servants, both municipal and state and federal.
The biggest differences between the payroll cards and the common ones are the following: discount of the minimum amount automatically deducted from the payroll and lower fees (almost always).
As part of the debt is already guaranteed due to the consignment, financial institutions run less risk of having defaulting customers and end up offering lower rates and even waive the act of carrying out consultations with credit protection agencies such as Serasa Experian and SPC.
How do prepaid cards work?
Unlike traditional credit cards, where you buy in one month and have to pay in the next, prepaid cards only make purchases if you have a balance, and the amount is discounted at the same time. Customers need to recharge it before being able to use it, and they only spend what they have according to their available balance.
It is quite common to see financial institutions offering cards with very high limits, of 20, 30, 50 thousand reais, which makes many people suspicious of scams. However, they are prepaid cards, and the banks know that they will not lose money with them, which is why they have such high limits even without consulting the credit protection agencies.
Credit cards for those with a low or negative score
Do you have a very low or even negative credit score and urgently need to have a credit card approved? If so, then you’ve come to the right place, as here we will mention some cards that are easy to approve, which do not require consultation with the SPC or Serasa Experian.
Payroll Card BMG Card
Banco BMG’s payroll card does not charge an annuity fee, its flag is international mastercard and with it you can withdraw cash at thousands of ATMs throughout Brazil.
Super Digital Prepaid Card
The SuperDigital card is one of the quieter options for those with a dirty name on the market. Your physical card is an international mastercard and, through your application, you can top up your cell phone, as well as send and receive money from any bank. Your withdrawals can be made at ATMs on the Banco24Horas and Santander networks.
Banco Inter Payroll Card
With the Banco Inter payroll card, you can make purchases in the same way as a regular credit card, but one of the advantages is the direct discount on the payroll. Its flag is international mastercard and you can withdraw up to 90% of your limit.
BluBank Prepaid Card
The BluBank card is prepaid and can offer a limit of up to an incredible R$25,000, even without checking your name with the credit protection agencies SPC and Serasa Experian. Its flag is mastercard and its approval is quite easy.
