Why Is Direct Treasury More Advantageous Than Savings?

 

 

Brazilians who are Brazilian have always been adept at saving, which serves as a “footing” for unforeseen expenses and consumer dreams. Parents and grandparents used to deposit a buck every month as a way of guaranteeing the future of young people, a habit cultivated over several generations.

The culture of savings has always been present in the country because it is a safe and secure investment. However, what many do not know is that saving by saving may not be the most effective way to make money render.

Have you heard of Treasury Direct?

Have you heard of Treasury Direct?

Treasury Direct is a fixed income investment option for those seeking a more competitive profitability than saving without giving up security. Through it you can buy public government bonds, getting interest in exchange every month! Its main advantages are:

1- Diversification of the portfolio

The investor has the possibility to diversify the investments choosing between pre-fixed and post-fixed yield securities. What does that mean?

Pre-fixed: In pre-fixed bonds you know exactly what amount you will redeem at maturity. But it is important to note that this profitability may vary in cases of sale of the security before that date.

Post-fixed: Fixed-rate securities have profitability tied to some indexes such as the Selic rate, IGP-M and IPCA.

 

One of the advantages of investing in Treasury Direct is that you choose the title that most suits your profile and purpose according to the time and horizon of the investment.

2 – Low Risk and Safe Investment

The National Treasury is linked to the Federal Government, which, like most public institutions, has good financial solidity. In addition, we are talking about fixed income, which as well as savings is ideal for those who want a conservative investment, and can be used by those who have a medium-term goal, such as traveling abroad or changing cars. If you regret or need to redeem the cash fast no problem, the Treasury guarantees the repurchase of bonds every Wednesday. Be aware, however, that this scenario is not ideal: you may be subject to market oscillations. Therefore, choose bonds with maturities that are in accordance with your goals.

3 – Easy to invest!

The first step to start investing is to open an account at a brokerage firm, since it is not possible to buy the securities directly from the National Treasury. One option is to transfer the amount you want to invest and make the purchase of the security through the home broker. Another alternative is to do it by the Treasury website itself. Remembering that anyone can start investing with values ​​starting at $ 80!

4 – What is the approximate profitability of these securities?

It depends on the period invested and the conditions of some rates, such as the Selic, which starts 2014 at the value of 10.50%. Earlier this year, NTN-F maturing on 1/1/23, for example, pays pre-fixed income at 12.97% per year, while NTN-B Principal maturing on 5/15/2035 (assuming that inflation of 5.91% of 2013 is constant, plus interest of 6.78%), will pay at the end of the useful life of the bond 12.69% per year.

It is important to note that these gross income are greater than savings (6.3%) and CDI (10.27%). However, there are some differences. In the case of savings, it is exempt from IR, which should be considered in the calculations. In the CDI, there is no custody or administration fee, which in the Treasury can vary from 0% to 0.5% per year of the amount invested.

 

 

8000 Euro loan with immediate payment – 8000 € received immediately

Apply for an 8000 euro loan in 10 minutes on the screen and without any paperwork? Receive the credit on your own account on the same day? This is now possible: full-digital applications make consumer loans easier and faster. How consumers can lend 8,000 euros immediately.

In the banking business, a small revolution is taking place. As a result of digitization, the application procedures for consumer credit are being converted to fully digital application lines by more and more banks. Applicants can thus go through the entire application process on the screen. No documents need to be compiled and no documents printed. A trip to the post office is also unnecessary, because neither letters sent nor the Postident procedure must be carried out.

8000 Euro credit with immediate payment: Digital makes it possible

8000 Euro credit with immediate payment: Digital makes it possible

• Loan application is completed on the screen
• No need to go to the post office
• No expression required
• Binding decision in less than 15 minutes

The digitization of loan applications significantly speeds up the application process. From the entry of the first personal data to the confirmation of the disbursement of the approved credit, at best, less than 15 minutes pass. This is possible for several reasons.

First, less data needs to be entered. Many personal data are stored in the online banking of the current account and can be read out by an algorithm. The digital cashcheck itself takes only a few seconds. In order to start the check from an application form, only the access data for online banking must be entered once.

Secondly, there is no need to provide information on personal economic circumstances, as these data are also collected through the digital account check-out. The account turnover shows the type and amount of regular income as well as the nature and extent of the regular expenditure. Special algorithms analyze the data and check whether the applicant B. 8000 euros can make credit or not. This replaces the previous, time-consuming self-disclosure. If the algorithm determines that 8,000 euros of credit are too much, the application will either be rejected or a smaller amount will be offered.

Third, no documents need to be compiled and sent to the bank. In the case of conventional loan applications, proof of income is usually required, for example in the form of the last three pay slips. In addition, account statements must be transmitted. Even if these documents and the contract documents digital, so z. B. as a photo, can be sent first compilation and expression are required. For fully digital applications, the contract documents no longer have to be printed because the signature is provided by digital signature.

Fourth, the legally required identity verification can be done directly on the screen. The Videocred process can usually be started from any computer or smartphone, and rarely takes longer than five minutes, if you do not have to go through too long a wait.

The digital application line: Videocred, Cashcheck and digital signature:

The digital application line: Videocred, Cashcheck and digital signature:

1. A few details about the loan and the person
2. Automated private credit check in real time
3. Digital Account Checker
4. Binding credit decision
5. Legitimation via Videocred
6. Digital Signature: The contract is valid
7. Payment of the loan
In the first step of a digital loan application some personal information is needed. In addition, the desired combination of loan amount and maturity must be selected. Immediately afterwards, a private credit exam starts in real time. This is also common for conventional loans: Without a sound payment history, there is no credit.

Digital account check instead of self-information

Digital account check instead of self-information

If the result of the private credit exam is positive, the digital account check can be started from the application. For this, the access data for online banking must be entered once via a secure connection. It is not necessary to enter a TAN for online banking.

An algorithm now reads out the data from account sales that had previously had to be entered manually as part of self-report. These include monthly income, regular expenses, possible overdrafts of the account, unpaid direct debits and possibly also payments to debt collection agencies. Digital applications thus allow z. B. 8000 Euro credit without proof of income conventional.

Important: For the account check it is essential to use the account on which the regular main salary is received. The consideration of two accounts is not yet possible with any provider. Anyone who receives additional income on another account may therefore be left behind.

If the account check is positive, the bank will immediately indicate in the application that the loan will be approved. A note: If no installment loan, but a credit line is requested, often an algorithm sets the amount of the credit line. After cashcheck z. B. communicated that 8000 euro credit are possible.

Videocred instead of going to the post office

Videocred instead of going to the post office

The next step is identity verification: even in the fully digital age, no bank pays out a € 8,000 loan before the counterparty is properly identified. Instead of the previous Postident procedure today the Videocred procedure is used. The button to start the procedure is integrated in the application. However, it is also possible to cancel the application first and resume it at a later date.

The Videocred method is usually used by external service providers such. B. the Web ID Solutions GmbH performed. A video call is started between the applicant and an employee. The applicant must keep his ID card in different positions in front of the webcam or the camera of the smartphone. The employee uses holograms to check whether the document is genuine, and then confirms the identity of the applicant to the bank.

Digital Signature: 8000 Euro Credit just a button away

Digital Signature: 8000 Euro Credit just a button away

After the legitimacy check, the contract must be signed. This happens in the digital age by means of digital signature. The procedure is very simple. First, all documents are provided as a pdf file. Thereafter, a confirmation TAN is sent by SMS, which must be typed into an input field. Immediately thereafter, the contract is valid.

Payment at the latest on the next SEPA business day

Payment at the latest on the next SEPA business day

An 8000 Euro loan is usually available on the SEPA Business Day following the approval on the account. This means that upon completion of the application until about 14 o’clock on the next bank working day can be expected with the receipt of money. If the application is received later, it takes another day to credit. Same day credits in the recipient account are possible if the paying bank makes a flash transfer. If this is the case, it is typically advertised explicitly. With a mini loan (Payday Loan) same-day payouts are often a paid extra. For a same-day credit, the application must then be completed by a certain time of day.

Soon more than 8000 euro credit fully digital possible

Soon more than 8000 euro credit fully digital possible

Digital application procedures are still relatively new: The year 2017 was a milestone in terms of technical development and end customer use. So far, the digitally available loan sums are still limited. However, this is changing rapidly: banks are announcing that they are expanding their introductory phase, increasing lending and offering additional maturities.

8000 euro credit in seconds on the account: instant payments come

8000 euro credit in seconds on the account: instant payments come

Apply for 8,000 euros credit in ten minutes and 10 seconds after the approval on your own account to determine the receipt of money: This is basically possible. Since November 2017, there is Instant Payment in Europe. The function makes it possible to process bank transfers within ten seconds: as long as it should take from the sending to the credit on the recipient’s account at the longest. The instant loan so advertised for many years now becomes reality.

From 2018, Instant Payments will also be available in Germany – albeit initially only in a few banks. The new technology will make digital loans even faster across the board. If an 8,000 euro loan with immediate disbursement is available 15 minutes after the start of the application on the own account and can be transferred from there to further accounts within seconds, this broadens the application possibilities of consumer credits.

Buyers of used cars can apply for a loan on the spot after a successful visit and pay the seller the money. Alternatively, z. For example, you can apply for a € 8,000 loan before searching for a vehicle and then use it to make a single-click payment.

When shopping online, no credit cards are required: The discounts that have been granted for advance payment by bank transfer, could in the future benefit users of Instant Payment – without having to wait for the shipment of the goods.

Paperwork becomes redundant, credit comparison remains important

Paperwork becomes redundant, credit comparison remains important

A credit comparison remains essential even in the age of acceleration through digitization. If an 8000 Euro loan costs 8% interest per year, the costs add up to approx. 988 Euro with a 36 months running time. For a competitor, a € 8,000 loan may already be available for 4% interest. The savings over the course of three years: almost 500 euros. Consumers can count in the current market situation on the fact that even with a comparatively small sum such as 8000 euro loan offerers are present in large number.

Even in the digital age, installment loans are not tied to a specific purpose. 8000 Euro credit can be used to balance the current account as well as for the financing of purchases. The only exception: if a € 8000 loan is used to pay another installment loan, this should be stated in the application. Firstly, the bank then supports the transfer, secondly, the old and the new loan are not mistakenly taken into account in the budget.

In the lending business, digitization has so far been synonymous with standardization. This also means that whose profile can not be estimated well by algorithms, receives in this way to date very rarely loans. Up to about 8000 € credit without private credit are possible with special providers – but not digitally. Even self-employed people can not count on the new application paths with success.