Clipping of news on Brazilian Culture, Law and Citizenship
03/26/2012
This article was translated by an automatic translation system, and was therefore not reviewed by people.
SAO PAULO - From 15 April, the consumer may have access to a new credit card, which, among other things, will in some cases, splitting the purchases up to 200 times.
The expectation is that by the end of June, the new plastic created by the company Shopcards reach 600,000 customers. According to the company's vice president, Marcello Gimenez, the card will generate great opportunity credit for people, especially those who were outside the system so far.
"Brazilians can make in advance the dreams of consumption, having access to quality products," says Gimenez.
How will it work?
The Shopcards hopes to achieve by the end of the first half nearly 600,000 customers, expected to increase to two million in the second year of operation.
The idea of the company is partnering with shops, supermarkets, among other establishments, so that the card works as a private label, and the establishment will determine the maximum number of parcels allowed, although the system allows up to 200 split times.
The card has no annual fee and interest on the rotary Gimenez says, should be around half of which are available in the market today.
The first partnership was with Shopping D & D, which yielded the card Singular. The card will be available from April 15 and can be hired at participating stores or through a website, which also will be on air from 15th.
The required documentation of the consumer will be similar to the other cards: RG, CPF and proof of income and residence.
Care
The possibility of split purchases in a longer term and lower interest rates are advantageous for the consumer items, with respect to the card Shopcards as analysis of a finance professor at Ibmec-RJ, Gilberto Braga.
On the other hand, explains, the card is meant for those who have tight control of the budget, since for those who do not fit this profile, may lead to a lack of financial and, consequently, the financial commitment.
Also, advises, before extending long the payment of a purchase, consumers should carefully consider whether this is the best option for their accounts, since, depending on the rate card, there are cheaper options available credit on the market.
Source: News Agency
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This article was translated by an automatic translation system, and was therefore not reviewed by people.