O Nubank announced a new modality of loans with investments in Treasury Direct as a guarantee. In this way, the user will be able to make the contract through the digital bank app with the promise of facing less bureaucracy and with greater speed. Lívia Chaves is the leader of Nubank’s operations in Europe and commented on the news:
We want to sustainably grow our collateralized credit portfolio and diversify the options of investment assets used as collateral. The idea is to offer more and more efficient solutions to our investor clients, while their applications continue to yield
With this new modality, fintech customers will be able to distribute the installments in up to 48 months with an interest rate starting at 1.45% and without the need to redeem the investment. The option is valid for applications made with this alternative through NuInvest or through the Nu app itself.
The company claims that those who choose this path will have access to better lines of credit with more competitive rates compared to the rest of the market, as well as the security of having a payment guarantee in case of unforeseen events. Late payment of an installment will have the use of a guarantee so that the customer is up to date again.
With the use of this modality, if the client has invested in more than one option of government securities and in more than one category, the investment with the highest value will be automatically used as guarantee. In addition, the categories of titles that are available in this modality are:
- Selic Treasury
- Treasury IPCA+
- IPCA+ Treasury with half-yearly interest
- Prefixed Treasury
- Prefixed Treasury with semiannual interest
More about Nubank: check out the details of the debut of the digital bank campaign in Globo’s Jornal Nacional, as well as the launch of the additional credit card limit for transactions via Pix.
