Easy, fast credit with terms that fit your budget!

The PicPay Personal Loan is a practical and efficient option for those who need credit with ease and no bureaucracy. 

It offers quick solutions for those who want to solve financial surprises or achieve important dreams in a simple way.

With it, you will find terms and conditions that fit your budget, allowing you to make payments comfortably. 

If you are looking for an efficient way to achieve your financial goals, discover everything the PicPay Personal Loan can offer.

Category	Minimum	Maximum
Amount	R$500	R$30,000
Term	12 months	96 months

Get to Know the PicPay Personal Loan: Quick credit with personalized rates and release in up to 1 hour.

Available directly on the PicPay app, the PicPay Personal Loan allows you to apply and contract the loan entirely online.

With over 35 million customers in Brazil, PicPay is a trusted and consolidated platform.

The company is regulated by the Central Bank, ensuring security in all financial operations conducted via the app.

If you’re looking for a practical and safe way to obtain credit, the PicPay Personal Loan could be the ideal solution.

Main Benefits of the PicPay Personal Loan

The PicPay Personal Loan offers incredible advantages for those in need of fast and uncomplicated credit. With it, you can solve your financial needs quickly and securely.

By contracting the PicPay Personal Loan, you gain access to a fully digital and simple process, without the need to leave your home.

100% Digital and Hassle-Free Contracting

With the PicPay Personal Loan, you do everything via your phone, saving time and avoiding bureaucracy. Everything is done directly in the app.

There’s no need to face long lines or complicated documents. Just have an active PicPay account, and you’re good to go!

The process is quick and intuitive, designed for those who need speed. You have full control over your application.

Moreover, the 100% digital process eliminates any paperwork, making the experience even more efficient and easy.

Fast Credit Release

Once approved, your loan amount is released immediately. No unnecessary waiting.

The transaction is made directly to your PicPay account, allowing you to use the money right away.

This speed is ideal for those who need quick funds to resolve unforeseen situations. You get the value directly in the app.

No long waits; the PicPay Personal Loan offers a fast and practical experience for those in a hurry.

Flexible Installments

The PicPay Personal Loan offers flexible installments, adapting to your budget. You choose the number of installments that fit your financial situation.

There are various installment options, with terms ranging from 3 to 36 months, depending on your convenience.

This flexibility ensures that payments are comfortable and do not strain your monthly budget. Additionally, you can simulate the loan to see what works best for you.

Having control over the installments is an advantage, allowing for more peace of mind when it’s time to pay.

First Installment Due in Up to 45 Days

With the PicPay Personal Loan, you have up to 45 days to pay the first installment, offering extra relief.

This means more time to organize your finances and start paying without pressure. It’s a great advantage for those who need more time.

Additionally, having this extra time helps you adjust your finances before starting regular monthly payments.

You don’t have to deal with the pressure of immediate payment, making the loan experience even more relaxed.

Personalized Interest Rates

The interest rate for the PicPay Personal Loan is adapted to your financial profile. This means you’ll pay less if you have a good credit history.

Before closing the contract, you already know the rates that will apply, avoiding surprises. PicPay always aims to offer the best conditions for its clients.

This kind of personalization is an important differential, as you can get more affordable terms. Your financial history directly impacts your interest rate.

With fair rates tailored to your reality, the PicPay Personal Loan becomes a much more advantageous option.

Full Control Through the App

Managing your loan is done entirely through the PicPay app, ensuring practicality and full control.

You can track payments, see your outstanding balance, and even make payments directly through the app.

PicPay puts the convenience of managing everything digitally at your fingertips, with just a few taps on your phone.

With this, you have the freedom to manage your loan wherever you are, in a simple and efficient way.

Possibility to Contract Multiple Loans

Another advantage of the PicPay Personal Loan is the possibility of contracting more than one loan if necessary.

PicPay allows you to manage multiple loans at the same time if your credit limit allows it.

This is perfect for those with multiple financial needs, as you’re not restricted to just one option.

You can take out new loans based on your repayment capacity, always in a transparent and flexible way.

Eligibility Requirements to Apply for the PicPay Personal Loan

To apply for the PicPay Personal Loan, it’s important to meet specific requirements for quick approval.

• Be over 18 years old: You must be at least 18 years old to contract the loan. This ensures you have the legal capacity to take on debt.
• Have an active PicPay account: You need an active and up-to-date PicPay account to apply for the loan. Without this account, the application won’t be possible.
• Have a regular CPF: Your CPF must be regular with the Federal Revenue Service, with no issues, to ensure your credit application is approved successfully.
• Good credit analysis: PicPay performs an analysis of your financial history. Having a good record can ensure faster approval and better terms.

To ensure your application, check that you meet all these requirements and take advantage of the loan’s benefits!

Step-by-Step Guide to Apply for the PicPay Personal Loan

Applying for the PicPay Personal Loan is simple and fast. Here’s the step-by-step guide to securing your credit.

• Open the PicPay app: Start the process by opening the PicPay app on your phone and accessing the loan section in the “Wallet.”
• Check the available offer: See if there’s a pre-approved loan offer for you, with set amounts and payment terms.
• Simulate the loan: Simulate the amount and installments you desire, adjusting the loan to your needs and payment capacity.
• Finalize the contract: After reviewing all the conditions, just confirm the contract and wait for the credit to be released to your PicPay account.

Now that you know the steps, take advantage of the ease of contracting your loan directly from your phone!

Applicable Fees for the PicPay Personal Loan

The PicPay Personal Loan is a great option for those looking for quick and easy credit. However, it is important to understand the applicable fees before contracting.

When applying for a PicPay Personal Loan, you should pay attention to the fees involved to avoid being caught by surprise at the end.

Interest Rate

The interest rate for the PicPay Personal Loan varies according to the client’s credit profile.

It can range from 1.49% to 8.29% per month, depending on the analysis performed by PicPay’s partner bank, Banco Original.

This variation occurs because PicPay adopts a personalized rate policy, considering factors like financial history and payment behavior.

Before contracting, it’s advisable to simulate the conditions in the app to verify the specific rate for your profile.

IOF (Tax on Financial Operations)

In addition to the interest rate, the PicPay Personal Loan includes IOF, which is the Tax on Financial Operations. It applies to the amount of credit requested.

IOF is a standard tax applied to all financial operations and is charged by the federal government. This amount can vary.

For the PicPay Personal Loan, it consists of a fixed rate of 0.38% of the total loan amount, plus a daily rate of 0.0082% during the contract period.

It’s important to consider this tax to understand the final cost of the operation and avoid surprises when closing the contract.

Registration Fee

The PicPay Personal Loan may include a registration fee charged to cover administrative costs related to credit analysis.

This fee is common in credit operations and ensures the validation and analysis of your profile quickly and securely.

When applied, the registration fee is informed during the simulation so you’ll know exactly what you’re paying.

It’s worth noting that not all loans require this fee, as it depends on the client’s profile and PicPay’s policy.

CET (Total Effective Cost)

The CET, or Total Effective Cost, of the PicPay Personal Loan includes all fees, charges, and taxes applied to the loan.

It’s the total amount you’ll pay for the credit, considering interest, IOF, fees, and other costs involved.

The CET is essential for you to have a full view of the loan’s cost, and it should be consulted before closing any operation.

Remember, the CET may vary depending on the conditions of your loan and the negotiation with PicPay.

Conclusion

Now that you know the applicable fees for the PicPay Personal Loan, you can make more informed and secure financial decisions.

It’s important to remember that each client may have a different experience since rates are personalized. Thus, you’ll have an exact view of what you’ll pay before committing.

The conditions are quite accessible, especially when compared to other market alternatives.

Liked it? How about exploring more options? Check out our article on the Caixa Econômica Federal Personal Loan and learn everything about the benefits of this option!