If you work in a company or institution that has agreements with a financial institution, you can have a very beneficial credit product for you. To know the same, continue reading this article, where we indicate what is a credit by agreement.
What is an agreement credit?
An agreement credit is a product that some financial institutions offer to those who work in certain public and private institutions. Generally these credits are part of a macro agreement, which includes the deposit or payment of the payroll of one through the other.
If you work in some of the following institutions, you can enjoy this benefit:
- National Police.
- Power of attorney.
- Peruvian Army
- Navy of Peru.
- Air Force from Peru.
- Other public or private institutions that maintain payroll agreements.
What advantages does an agreement credit offer?
Since an agreement credit is partially guaranteed by the salary you earn, it may offer better conditions than other credits. Then, there are many advantages of this type of personal loan, the main ones being the ones indicated below.
Discount by return
The monthly credit fee is deducted directly from the account where you receive your salary payment. Therefore, you do not have to be aware of its cancellation, this is done automatically.
Special interest rate
These loans have a special interest rate, which is lower than that of other personal loans. Therefore, you pay less for the capital you receive as a loan.
You can have your credit within a maximum period of 72 hours, since a complicated process is not required to request it. This makes it ideal to cover contingencies or emergencies that may arise.
Advance payments without penalties
If you decide to pay your credit in advance by agreement, this will not generate penalties or additional payments. In some institutions you can make advance payments of fees or contributions to capital at no additional cost.