A year and the loan has the best rates through mutual investors profit as a bank with a return of up to 400% of CDI.
Mutual means innovation, technology and transparency for your needs
Innovation in personal loans
As being a Fintech, Mutual brings a way that is new of people who require cash to those that seek to benefit as being a bank.
Technology to your benefit
Our platform permits more individuals to own quick access to the credit market, with a careful assessment, totally online and without bureaucracy.
Your need is our need
All of us is obviously prepared to help you in the easiest way feasible. Our specialists assist you to reach your objectives in a safe and clear method.
+ 600.000 users
Through shared it is possible to make an application for loans without red tape or commit in a versatile method.
+ 9.000 loans
The majority are prepared to provide cash with fast approval.
+ 21 million reais invested
Your investment might have a return as high as 400percent of CDI per year
Investors and borrowers speaing frankly about their experiences with Mutual
We spent on Mutual. The software is dependable and safe. They keep their term and spend well! (. )”
Pretty helpful. The funds would go to the financial institution account prior to when expected. Plus they nevertheless call to ensure in the event that cash is actually in your bank account. We really enjoyed both the eye they provide as well as the affection aided by the customer.”
not long ago i joined Mutual being an investor, and whenever We have concerns I am answered by them at the earliest opportunity. We have absolutely nothing negative to state. The theory is excellent (. )”
These are generally those who reveal an interest that is real satisfying your need”
exceptional value idea for borrowers and investors.”
i wish to thank Mutual. We made the mortgage application on 03/11/2018 and today We received the approval of my loan the quantity has already been in my own banking account. Congratulations from the job that is good transparency. We m planning to honor my dedication.”
what’s the investment guarantee? Will there be insurance coverage if the borrower will not spend?
There is absolutely no insurance. In Mutual the investor is practically such as for instance a bank. You can easily, with an intention price as high as 400per cent of CDI a have the opportunity to analyze the borrower’s credit information (the score and risk of the operation) and invest based on that information year.
In the event that debtor will not pay the mortgage, Mutual does the whole collection procedure to recover the principal amount plus fines to be belated. We make use of a collection that is proprietary for immediately notifying the debtor associated with the deadline, and also the effects to be belated with their re re payment through various means such as for example phone, whatsapp, SMS and e-mail. Alongside this system that is automated we now have a group of devoted collection specialists trying to recover any late re re payments. We also sign up the mortgage standard during the Brazilian nationwide credit agencies, steering clear of the debtor from using other loans.
In situations of delinquency more than ninety days, Mutual includes a team that is legal to enter utilizing the judicial collection with respect to the investor.
we ve defaulted for a current loan, may I request one at Mutual?
After approving my enrollment as borrower, exactly just just how quickly will the amount of money head to my banking account?
As soon as your enrollment is approved, it is possible to make an application for that loan inside the limit that is pre-approved your bank account, which is accessible to subscribed investors inside our software. It can be approved or not if you are accepted by an investor, our financier will evaluate the loan and at this moment. If authorized, the amount of money will maintain your account within 4 business days!
* After being posted, the mortgage is active for 15 times on our platform. In case the demand just isn’t accepted by the investor payday loans New York during this period, the demand will expire through the platform and you will make a brand new request 🙂
Is Mutual subject to virtually any legislation?
Needless to say! We have been a banking correspondent therefore we have actually an on-line platform that facilitates the access of customers to products made available from partner institution that is financial. The game of correspondent banking is controlled by the Central Bank of Brazil, in line with the Resolution No. 3,954, of February 24th, 2011.
It’s important to suggest that Fintechs must conform to the legislation relevant to many other finance institutions, such as the money application and cash laundering prevention regulations.
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