The option is interesting for a number of factors such as your interest rate. Operations carried out in October 2018, for example, had a rate of only 2.07% per month.
There are several advantages to joining a car finance. Like interest costs, usually lower than on a personal loan.
Loan and Credit, what are the advantages?
At the same time, it is possible to make the installment of a high value. So instead of saving for a long time, the consumer can buy their good and then pay them off gradually.
The costs and terms of tuition vary, including considering the cost of the car. Factors such as the amount of income and monthly income of the individual are also often considered.
In any case, this type of financing is limited. This is because it is only available to Gazin employees.
In addition to the installment of a vehicle, the financial offers services such as:
- Receivables prepayments,
- Working capital
- Loan for INSS retirees and pensioners.
As well as payroll-deductible loans and personnel, and post-fixed Bill of Exchange issues. All of these can also be used by Gazin partners and customers.
Vehicle Financing Rules at Loan and Credit
As mentioned, vehicle financing at Loan and Credit is only available to Gazin employees. Individuals must also be residents of the states of Paraná, Mato Grosso do Sul, Mato Grosso, Acre, Rondonia, Pará and Rio Grande do Sul.
Vehicle financing at Loan and Credit can be done by Gazin employees, furniture store and electros.
Loan and Credit financing has a repayment term of up to 48 months . The company installments up to 70% of the market value of the vehicle, and cars 0 km or up to 7 years of use.
In any case, the car is used as a guarantee of operation. This means that keeping payments on time is even more important.
Otherwise, the asset may be “taken over” by the finance company as a form of debt settlement. In any case, this is considered an extreme measure, and only occurs after the attempt to negotiate the debt with the consumer.