Ciclic secured loan

Loan secured by Ciclic: learn what makes this model different, its advantages, and how to apply.

About Ciclic 

Ciclic was founded in November 2017 and has been on a great path to success ever since.

That's because it's currently among the best online lending companies in Brazil.

It is a fully comprehensive digital protection platform from BB Seguros, offering digital solutions for insurance, pension plans, and services.

Among the services offered by the institution, we find the Ciclic secured loan.

Learn more about it below.

Regarding the Ciclic secured loan

One secured loan This occurs when a client uses an asset as collateral in case the debt is not paid, for example, a car or property.

The guarantee serves to show the institution that he does not present a risk of default.

Because it is safer for the institution, this loan model is more advantageous for the client.

At Ciclic, you can simulate your loan using real estate or a car.

When you access the website, you choose which option is best for you before running the simulation.

This loan model is provided through a partnership between Ciclic and... Creditas, one of the leading secured lending platforms in Brazil.

What are the main benefits of a Ciclic secured loan?

As already mentioned, this loan option is more advantageous compared to others because the institution has security in the transaction.

Therefore, it is able to offer lower rates and better payment terms.

For example, when requesting a Ciclic secured loan, You have up to 180 months to pay if the collateral is real estate.

In the case of loans secured by a vehicle, the repayment term can be up to 60 months.

Another advantage is that the first installment can be paid after 90 days.

Regarding loan amounts, they can reach up to R$1,143,000,000. It will all depend on the value of the property and vehicle.

Finally, the last advantage to stand out over the Ciclic secured loan, The thing is, it's less bureaucratic and easier to do.

How to apply 

First, go to the website of Ciclic And run a simulation. Once that's done, all you have to do is wait for a consultant to contact you.

Therefore, he will find the best credit solution for you.

Finally, you will receive the proposal that best fits your profile and needs.

If you happen to need to request one Ciclic secured loan, If you don't have enough income, know that you can use the income of another family member to make up the difference.

Depending on the length of time your name has been restricted, you may be able to obtain this loan even if you have a negative credit history.

Even if you don't use the entire amount of the pre-approved credit, it remains available for up to five years.

Contact: 0800 729 2038

Alexandre Dumas Street, 1671 – Chácara Santo Antônio (South Zone), São Paulo – SP, Zip Code 04717-004

Research source: https://www.ciclic.com.br/