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You are not alone, the difficulty Brazilians have in paying their bills has increased in recent years, mainly due to the economic crisis that the country has been facing. The pandemic has further worsened the situation as many people have lost their jobs and ended up having their income reduced.
That's why we're going to help you pay your bills using your credit card, a great option for paying your bills on time and avoiding high interest, fines and other problems you could have if you don't pay your bills.
According to data released by the Credit Protection Service (SPC Brasil) and the National Confederation of Shopkeepers (CNDL), in 2022 around 63.6 million Brazilians had some overdue account and 27.3 million had a bad credit rating.
Furthermore, the increase in the price of food and fuel, as well as the excessive debt of many Brazilians, also contribute to the difficulty in paying bills on time.
Why is financial education so important?
Lack of financial education is also a factor that can affect people's ability to manage their finances effectively and avoid debt. Failure to pay a bill can have negative consequences such as additional interest and penalties.
An individual’s credit score is also affected, making it more difficult to obtain loans and financing in the future. Therefore, it is important to seek help and financial guidance whenever necessary, and try to keep your accounts up to date as much as possible.
There is no adequate investment in educational programs on personal finance and financial management, as financial education is not a priority in the country's public policies.
Teachers often lack the skills or resources to teach this to students, and Brazil also has a strong consumer culture, which often leads people to spend more than they earn and acquire excessive debt.
Be aware of the advantages and disadvantages of paying bills with a credit card
Some people end up choosing to pay bills using their credit card, and there can be several reasons for this. The first is to accumulate points, as some operators accumulate points for each purchase made.
When paying the bill with a credit card, the person accumulates points that can be exchanged for benefits such as travel, products, discounts, etc.
In some cases, the deadline for paying the bill may be approaching and the person may not have money available in their account on that day. In this situation, using a card is an alternative to avoid late payment and interest and fines.
Finally, there is also the option of paying in installments. Some apps allow you to pay the amount of the bill in installments using your credit card, which makes it easier to pay off larger debts.
In any case, it is important to remember that paying bills with a credit card can have disadvantages, such as additional fees and interest charged for installments that can increase the final amount of the debt.
That's why it's important to carefully evaluate the available options and choose one that best suits your needs and financial possibilities.
Which apps can I use to pay a bill with a credit card?
Each app has its own fee policies and limits for credit card payments, so it's important to read the terms and conditions before using them.
It is worth mentioning that you can use any type of credit or debit card To make payments, any bank account or credit card such as Santander SX account, Itau debit card, Nubank, Itau university card, Dotz card, Nubank Ultraviolet card, among others.
PicPay allows you to pay bills, and you can also make transfers and purchases online. The app paid market, which is Mercado Livre's payment app, also allows you to pay bills and purchases with your credit card.
In addition to cell phone top-ups, o RecargaPay allows payment of bills with a credit card, as well as Secure Payment, which is UOL's payments app.
O Itau Bank did not stay out of this, and launched the Iti Itau, which is the payment app that also allows you to pay bills and make purchases with your credit card.
And if you can't do it with these apps, what should you do?
Your bill or utility bill may not be able to accept payment by credit card, and not all credit cards allow payment of bills and other types of accounts.
Before attempting the procedure, check whether there is sufficient credit on your card, and try making the payment using another app or platform that has this option.
Contact the company issuing the bill and request another payment method. If the difficulty is related to financial problems, try other negotiation options or look for loan options.
Santander has a loan option with property as collateral, and there are also other companies such as Sim loans, Créditas vehicles, Banco Pan payroll loan, Nexoos loan, among others.
If the bill has already expired, contact the bank to obtain a second copy of the digital bill. Itaú, for example, provides 2 copies of bills with ease.
In any case, don't forget the recommendations we gave in this article and always try to have good financial management of your money, so that you don't leave any bills unpaid and have to pay interest and fines.
