Juvocredito BR Reviews

Fast and easy loan approval: Users report quick approval times, sometimes within 30 minutes, with money deposited rapidly into their accounts.

No income proof required: Loans can be obtained without the need to prove income, making it accessible for many users.

Loan with cellphone as collateral: This unique model allows loans using a mobile phone as guarantee, which can be convenient for those without traditional credit options.

Accepts clients with negative credit history: Juvo offers loans even to those who are negatively listed in credit protection agencies.

Flexible payment dates: Borrowers can choose from five different due dates for installment payments each month.

Customer satisfaction: Many users praise the service for being simple, reliable, efficient, and having good customer support via WhatsApp or website.

Access to quick cash without traditional requirements like income verification or multiple documents.

Convenient use of a personal device (cellphone) as collateral eliminates the need for physical guarantees or co-signers.

Transparent and easy-to-understand digital contract signing process enhances trustworthiness and convenience.

Positive customer feedback highlights ease, speed, reliability, and friendly service.

Interest rates are relatively high: The average interest rate is around 11.99% per month, which is considerable compared to other personal loan options.

Loan amount limits: The maximum loan amount ranges from R$2,500 up to R$4,500 depending on conditions; this might be low for some borrowers needing larger sums.

Requires keeping the app installed on the guaranteed cellphone during the loan period, which may raise privacy concerns or inconvenience some users.

Only one active loan at a time allowed using cellphone guarantee; if you have an existing one or another financial app installed on your phone related to loans, you cannot apply again immediately.

Some cases require additional documentation and deeper credit analysis that could delay approval.