Millennium bcp has a vast portfolio that aims to allow all its clients access to the best advantages of their financial products, always directed to the needs of the client. As regards personal credit, this financial institution has five products.
Millennium bcp offers its clients different personal credit options aimed at meeting the diverse needs of consumers. Each solution has specific advantages and characteristics.
Millennium Personal Credit
It can be used for any purpose that the client needs, Millennium personal credit is very flexible: it has a payment term that varies between 12 and 96 months, and the client is paying a fixed installment. In this way, the consumer will always know the amount to be settled without changing it to the taste of the market oscillations.
For clients who have a risk profile appropriate to Millennium personal credit and who provide all the necessary documentation for risk analysis, this financial institution allows a response regarding the granting of credit in only 24 business hours.
The amounts of funding for Millennium personal credit vary between € 1,000 and € 75,000. If the customer wishes to repay part or all of the outstanding capital in advance, he must pay a fee of 0.25% of the amount of capital repaid if the period until the end of the credit agreement is less than 24 months. If this period exceeds 24 months, that commission shall be 0.5% of the amount of capital to be repaid in advance.
Online Personal Credit
In addition to the traditional personal loan, Millennium bcp also allows its customers to request and grant Millennium personal credit through the Internet.
In this case, the amount of financing varies between € 1,000 and € 5,000 and the payment period is also shorter: from 12 to 60 months. However, Millennium bcp does not charge a dossier and service rendering fee.
Personal Credit Training
For customers who wish to progress in their training, Millennium bcp has a specific financing: personal credit training.
This financial product is directed to consumers who wish to attend undergraduate, master’s, doctoral or even technological specialization courses, whether in Brazil or abroad.
This institution does not charge any dossier fees, service processing, as well as early amortization, either total or partial. In addition, the amount financed can range from € 1,000 to € 50,000, depending on the cost of the course chosen by the client.
So that the consumer is not worried about the payment of the financing during its formation, Millennium bcp offers several options. In addition to a payment term that can reach 132 months, that is, 11 years, the customer can still have access to:
- Provision of capital, which may be carried out in one installment or in monthly, quarterly, half-yearly or annual installments, all of an equal amount;
- Period for the provision of capital between six and 60 months, which should not exceed the duration of the course or the time in the absence of the course;
- Capital shortage, after the period of availability of this amount, which may be up to 12 months.
Millennium bcp makes available to its Clients different types of financing for the acquisition of new cars and used cars.
Through car leasing it is possible to finance the acquisition of new vehicles, with an initial entry and a residual value to be agreed with the Client. Alternatively, the Customer can finance up to 90% of the vehicle’s PVP through the New Auto Mortgages Credit, becoming the property of the vehicle registered in its name. Both solutions can be contracted for a term between 12 and 96 months. If you value the operating lease, you can opt for Millennium bcp Renting, which allows you to use a car for a predetermined period, and you can enjoy exclusive discounts on the purchase and maintenance of automobiles, as well as on the contracting of additional services adapted to their needs. In this solution, the monthly cost is fixed and translates the value corresponding to the use of the car (taxes included), auto insurance and services contracted.
For the financing of used vehicles Millennium bcp Customers also have at their disposal two credit solutions: Auto Credit Used and Auto Credit Used with Mortgage. The Mortgage Auto Loan is a product similar to the product for new vehicles, and allows financing up to 80% of the lower of the transaction values of the vehicle / Eurotax. The maximum term of this financing is 96 months less the current age of the vehicle. The Auto Used Credit differs from the previous product only with respect to the guarantee provided, which is a promissory note (instead of mortgage on the vehicle).
Millennium bcp microcredit is a financing solution for individuals and micro-enterprises that have a business initiative. By project, this institution funds up to € 25,000. Regarding the term of payment, this varies depending on the amount to be financed: it can go up to 48 months for loans up to € 7,000 or can reach 60 months for values over € 7,000.