Credit and debts: compare before you decide

Choose by goal

• Home: prepare the down payment, purchase costs, term and installment. Compare our free calculation with the purchasing power model.
• Business: check whether the need is seasonal, a receivables gap or a recurring deficit.
• Property collateral: weigh the risk of losing the asset in case of default.
• Renegotiation: compare the new total, charges and guarantees with the current debt.

Compare on the same basis

Ask for the net amount, the total effective cost (CET), the total to pay, the number and dates of installments and the conditions to prepay or cancel. A smaller installment can mean a longer term and a higher cost. An available limit is not income nor an obligation to contract.

Document the decision

Keep the proposal and read the contract before signing. Do not pay any amount in advance for a promise of release. Treat changes to the payment account or recipient with independent confirmation.

Build your debt map

Record the institution, updated balance, installment, due date, CET, collateral and any delay for each contract. Ask for the conditions in writing before swapping one debt for another.

Compare the remaining cost with the full cost of the new proposal. Do not consider only the reduction of the monthly payment. Preserve essential expenses and avoid contracting new credit without understanding how it will be paid.

Understand loan types →

Account limit is not your own available balance

The account limit is credit for short periods, not income or a reserve. Check the cost of using it, the taxes, the cycle and the conditions before counting on interest-free days. Contracting without a fee does not mean using it at no cost.

On the bank page consulted, the interest-free days benefit depends on an eligible Pix key and on the cycle; going past the deadline can generate retroactive interest over the whole period. Do not apply that condition to another bank or product. Tecbank does not grant a limit through this guide.