What is credit in Brazil? You can find in the institutions the automatic credit, easy credit, flexible credit and even online credit and many others, just choose. It was the time when someone needed (or wished) to buy from a new dress to a cell phone of last generation and did not have all the value of the product in hand, would have to give up the acquisition. Nowadays it is different, the stores go to great lengths to facilitate the purchases of their customers. There are shops that accept payments through debit and credit card, installments, carnet and credit.
You have to realize that there is always a form of payment to get the consumer to buy. Do not have money on hand? We can install or finance. Just use the card. Do not have a credit card? It gives to make the installment purchase by direct credit with ticket . Do not have a credit card yet? Easy, to open the register to make a customer’s credit, usually only the basic documents like RG, CPF, proof of income, proof of residence, payslip and bank references, ready!
As tempting and easy as it is to buy a product in the sense of acquiring these days, paying for it is another story, in many cases ends up getting to another day. All this facility is a great trap for bad math people, too much consumerism and compulsive shoppers.
The great danger of any installment purchase on the credit is the risk of indebtedness. This is especially true when the purchase is not planned. And, planning is the key word to avoid debts in any kind of financial operation. The responsible consumer should analyze the amount that can pay in the best time for your budget does not burst.
The choice of plot value is fundamental. What is better?
Choose the largest amount with the lowest maturities or the smallest portion with longer maturities? Decide according to your budget. The discharge of the purchase in my opinion should be done faster, so the buyer can get rid of the debt as soon as possible. Another problem is the trap of the illusion of paying small amounts per month, this act can lead to higher interest rates and keep the consumer tied to the purchase for a much longer period.
Let us suppose that the consumer in question is already in debt. It is not advisable to let the debt accumulate, or it is not paid, otherwise the name of the client goes directly to the SPC (Credit Protection Service) or Serasa Experian list.
If the easy- loan trap caught you, be practical, you realized you were going to default, try to renegotiate the amount and clear your troubles somehow. If you can not do it directly with the company, you can even sue.
What is credit?
The credit is nothing more than a way to expedite the purchases in installments for customers. The big problem of this modality and of the granted facilities is how much it excites the consumer who ends up losing the control of its accounts. It is an attractive product, sometimes it is very useful with its payment facilities, but it should be allied responsibility at the time of shopping. Be cautious and do not fall at the facility offered from the credit.