#3: CALCULANDO O SALDO DEVEDOR

Summary

In this video, Rayane Silva explains the concept of *crédito consignado* (payroll credit), focusing on how interest rates, loan terms, and early repayment affect the total cost. She emphasizes that the longer the repayment period, the higher the interest paid. The video also discusses the importance of understanding the *saldo devedor* (outstanding balance), which can be used for refinancing or transferring loans. With tips on how to calculate outstanding balances and the benefits of early repayment, viewers are encouraged to learn more about managing payroll credit effectively.

Takeaways

• 😀 Understanding the concept of 'saldo devedor' (outstanding balance) is essential when dealing with consigned credit loans.
• 😀 Banks use deposits from individuals to lend money, earning interest on the deposits and charging interest on loans.
• 😀 Longer loan terms result in higher interest payments, even if the interest rate is low.
• 😀 A person who leaves money in a bank for a longer period earns more interest, which is similar to how long-term loans accrue more interest.
• 😀 The 'saldo devedor' is crucial for calculating early loan repayment discounts (quitamento antecipado).
• 😀 Early repayment can lead to discounts on interest, which vary depending on the loan term.
• 😀 The longer the repayment term, the larger the discount on the interest portion when repaying early.
• 😀 A loan with a long term may still require a significant balance to be paid off even after several months of payments.
• 😀 The early repayment of loans is governed by Article 52 of the Consumer Protection Code, allowing for total discount on interest.
• 😀 To calculate the saldo devedor, online calculators or tools can be used to subtract interest from the loan’s total amount based on remaining installments.
• 😀 Understanding your saldo devedor helps in decisions regarding loan refinancing or portability, which could change your repayment schedule and terms.

Q & A

What is credit consignado (payroll-deducted loan)?

Credit consignado is a type of loan where the repayment is automatically deducted from the borrower's paycheck, ensuring timely payments. It typically offers lower interest rates because the lender has the security of direct payment through salary deduction.

What does 'saldo devedor' mean in the context of credit loans?

Saldo devedor refers to the outstanding balance on a loan, which includes the remaining principal and interest that still needs to be paid off. This amount is important for understanding how much is left to repay after making several installments.

Why are the calculations for refinancing and portability more complex than those for regular loans?

Refinancing and portability often involve changes to the loan terms, such as the loan period or interest rate, which can make the calculations more complicated. These processes usually require calculating the remaining balance (saldo devedor) and adjusting for any new terms.

How does the duration of a loan affect the total interest paid?

The longer the loan term, the more interest the borrower will pay in total. This is because interest is usually calculated on the outstanding balance, and longer terms mean more time for interest to accumulate.

What happens when you make an early repayment of a loan?

When you repay a loan early, the bank will typically reduce the amount of interest owed, since interest is calculated over the life of the loan. Early repayment can result in a significant discount on the total debt.

What is the significance of the 'Código de Defesa do Consumidor' (Consumer Protection Code) in relation to early loan repayment?

According to Article 52 of the Consumer Protection Code, consumers have the right to pay off any loan early and receive a full discount on the interest that would have been charged for the remaining term. This provides a financial benefit for early loan settlement.

How can the 'saldo devedor' (outstanding balance) be calculated?

The saldo devedor can be calculated using an online tool or a financial calculator. Key factors to include are the loan amount, the number of remaining installments, and the interest rate. This calculation removes the interest from the total loan balance to determine the amount the borrower still owes.

Why does a borrower owe more in the early stages of a loan despite making payments?

In the early stages of a loan, the majority of the payments go toward covering the interest rather than reducing the principal. This is common in loans with longer terms, where the interest paid upfront is significant compared to the principal repayment.

What role does the loan term play in the amount of the monthly installment?

The loan term significantly affects the size of the monthly installment. A longer term usually results in smaller monthly payments, while a shorter term means higher payments, as the total loan amount is spread over fewer months.

How can loan portability help a borrower?

Loan portability allows a borrower to transfer their loan from one bank to another, possibly with better terms. This process involves settling the current loan and potentially extending the term or reducing the interest rate, which could lower monthly payments or total interest.