Neon Colabora 2.23.0

Introducing Neon Colabora, a financial support benefit designed for employees within partner companies, with a focus on simplifying everyday HR processes.

This initiative offers employees the opportunity to organize their finances, recover from debt, and even pursue personal dreams.

Neon Colabora provides an exclusive payroll loan for employees of partner organizations, including those with negative credit histories. Our service is complemented by specialized guidance and tailored tools to meet individual needs.

Key Benefits of Neon Colabora:

• Simplified and user-friendly process;
• Simulate, contract, and track proposals and contracts all in one place;
• Cost savings with lower interest rates compared to traditional market offerings;
• Payroll deduction option;
• Quick and efficient with no queues!

Understanding Our Conditions:

• Digital platform for accessing credit available to employees of affiliated companies;
• Eligibility for employees with a minimum of six months tenure;
• Payment terms ranging from a minimum of 3 months to a maximum of 72 months;
• Interest rates between 0.99% per month (12.5% per annum) and 8.00% per month (151% per annum);
• Total Effective Cost (CET) fluctuating from a minimum of 18.01% to a maximum of 310.98% per annum;
• Operational as a regulated banking correspondent under the supervision of the Central Bank of Brazil.

For instance, consider a loan of R$ 20,000.00 payable over 48 months. The borrower would have 48 installments of R$ 613.15 each. A processing fee of 1%, totaling R$ 200.00, applies, along with an IOF charge of R$ 627.92. The interest rate is set at 1.5% per month, leading to an effective interest rate of 1.69% per month and a total repayment amount of R$ 29,445.60 with an annual CET of 22.27%. Actual conditions will be detailed during simulation in the app's logged-in area.

For More Information:

Download our app now to clarify any questions you may have with our customer service team!

Neon Pagamentos® 2023 - Payment Institution
Avenida Francisco Matarazzo, 1.350, 2nd floor, Água Branca, São Paulo - SP
CNPJ: nº 20.855.875/0001-82