Loans Over R$1,000: All About Options Secured by Vehicles and Property

If you need higher values, above R$10,000, the loans secured by a vehicle or property are excellent alternatives.

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Also known as secured credit or home equity, these modalities offer differentiated conditions, such as reduced interest rates and long payment terms.

By using an asset as collateral, financial institutions have greater security in the operation, which is reflected in more advantageous conditions for the customer.

Below, we explain how this modality works, its benefits, requirements and detail three options available on the market.

What is a secured loan?

A secured loan is a type of credit in which you use a high-value asset, such as a vehicle or property, as payment collateral.

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This reduces risk for the financial institution, allowing it to offer:

Lower interest rates: They generally vary between 1% and 2% per month, much lower than those of a personal loan.
Longer deadlines: They can reach up to 240 months, depending on the value and the asset offered.
Highest values released: The credit can reach up to 60% of the value of the asset used as collateral.

Advantages of Secured Loans

Reduced Interest Rates: With the asset as collateral, the interest rates are much lower than those of other types.
High Credit Value: Ideal for larger projects, such as investing in a business or paying off significant debt.
Extended Deadlines: Greater flexibility in payment, with installments that fit your budget.

3 Secured Loan Options

1. Credits

Creditas is one of the main secured credit platforms in Brazil, offering solutions for both vehicles and real estate.

Vehicle Warranty:

Values: From R$5,000 to R$150,000.
Deadlines: From 12 to 60 months.
Interest Rates: From 1,49% per month.
Requirements: Vehicle paid off and in good condition, up to 15 years old.

Property Guarantee:

Values: From R$30,000 to R$3 million.
Deadlines: Up to 240 months.
Interest Rates: From 0.89% per month.
Requirements: Residential or commercial property registered in the applicant's name.

Online application: Request at Creditas

2. Itau Bank

Itaú offers Credit with Vehicle and Property Guarantee, ideal for those looking for high amounts with competitive rates.

Vehicle Warranty:

Values: From R$5,000 to R$80,000.
Deadlines: Up to 48 months.
Interest Rates: From 1,65% per month.
Requirements: Vehicle paid off and in the name of the applicant.

Property Guarantee:

Values: From R$30,000 to R$2 million.
Deadlines: Up to 180 months.
Interest Rates: From 0.99% per month.
Requirements: Property registered in the name of the applicant.

Online application: Request at Itaú

3. Santander

Santander offers a product called Secured Credit, allowing the use of vehicles or properties to obtain credit with special conditions.

Vehicle Warranty:

Values: From R$5,000 to R$150,000.
Deadlines: Up to 60 months.
Interest Rates: From 1,59% per month.
Requirements: Paid-off vehicle, up to 10 years old.

Property Guarantee:

Values: From R$50,000 to R$2 million.
Deadlines: Up to 240 months.
Interest Rates: From 0.99% per month.
Requirements: Residential property registered in the applicant's name.

Request Link: Request at Santander

Final Considerations

A secured loan is an efficient solution for those seeking amounts above R$1,000,000 with favorable conditions.

However, it is important to carefully assess the risks, such as the loss of the asset in the event of default.

Always do a detailed analysis of the conditions and choose the option that best meets your needs.

Tip: Use the simulation tools available on the websites of the institutions mentioned to compare terms, fees and values before making your decision.

This way, you secure credit that fits your budget and helps you achieve your goals.

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