Best Consumer LoansThe best consumer loans
This is how our free on-line information system works: Whatever fare you are given depends on it:
Brazil Best Secured Consumer Lending Bank 2016
Not only is BankFácil an on-line credit broker, it is also a modernizer of the infamous boring Brazilian credit granting processes and a digitally operated asset management system that functions as a correspondence banking system to simplify the credit granting processes. To date, more than R$ 100 million (? 23.9 million) have been raised by BankFácil. Our company's fast track to growth can be traced back to its entry into the previously unexplored consumer credit markets in combination with a reliable credit rating system.
Because of the outdated and time-consuming process used by most of Brazil's banking institutions, loans earn on an average eight to nine days more interest than interest if the client could use property such as a car or house as security. Ongoing offerings of asset-protected private loans are either not publicly promoted or hard to obtain.
BankFácil was able to attract a large customer base and record strong economic expansion by generating a large amount of collateralised loans and making them available at much lower interest levels. Focusing on clear information, translucency and meaningfully arranged loans - as well as a recent excursion into the card industry - BankFácil is a digitally based start-up that has already become a byword in Brazil.
The creation of a system of confidence was crucial for the new BankFácil building approach. With the introduction of new business activities by the on-line banks, it appears that the business is only in its first phases of development. BankFácil is growing and shaping according to the needs of its clients and will become a Brazil based big player in even more areas of their lives.
The jurors chose BankFácil to receive the Best Secured Consumer Lending Bank Brazil Award 2016 for their work.