Conscious Loan Program

Vexty’s Conscious Loan Program stands out as a financial option for Active and Assisted Participants facing temporary cash flow challenges or unexpected expenses, making it an appealing choice for those in need of swift financial assistance at attractive rates. Check out some of the benefits of the program:

– Easy accessibility: in Vexty’s restricted area you can simulate and contract.

– Quick approval and release: the contract is already pre-approved, and the credit is processed on Tuesdays or Fridays, depending on the date you formalize the request.

– Lower interest rates: Vexty is a non-profit organization and with the return of the fees related to loan contracts reverted to the plan in the form of profitability, this allows for lower rates compared to the market.

– Worry-free instalments: the instalments are deducted from the salary for Active Participants, and from the benefit for the Assisted. You can opt to repay the loan in up to 48 instalments.

– No red tape: the application is made 100% online.

– Confidentiality: you don’t have to tell anyone.

The available amount for contracting is based on 50% of your account balance in the Vexty Plan for Active Participants and 30% of the balance for the Assisted, provided that the monthly instalment of the loan falls within the consignable margin (30% of the base salary or monthly income). All this information can be found on our website, in your Participant area, at: Services Menu > Loan > Simulation and Contracting of a Conscious Loan.

Here are some situations that are opportune for contracting:

Unexpected/unforeseen for which there was no time to financially plan.

Emergency renovation or relocation, such as rain that caused damage, or a more serious issue with the plumbing or electrical installations in your residence.

Debt “swap” or settlement, if it results in lower interest rates and smaller instalments. For example, when an existing loan or credit card and/or overdraft become a snowball, it is useful to escape these higher interest rates with cheaper credit, as the interest rates for a consignment loan are lower.

Vexty does not encourage taking out loans to fulfill consumer desires. A loan is a debt; take it out only if necessary and with the aim of settling more expensive debts or covering unforeseen expenses.

Interested? Access your Participant area, run a simulation and, if the simulated amount meets your needs, contract it on the spot!

With you at all times. Vexty. Absolutely.