Direct Consumer Credit is a type of financing that can be offered by financial institutions, banks or the store itself.
For virtual stores, we can highlight the online credit system, which norway mobile database a process similar to the physical payment booklet, but with much more practicality, as the customer can do everything online.
As in the traditional format, the applicant will also undergo a credit analysis and, if approved, will select fixed dates to pay.
Although credit cards are also part of this modality, customers can choose to pay in installments, including to avoid compromising their card limit. It is an interesting option for those who want something more flexible for their customers.