Less expenses, but more cards.

Spending is reduced by leaps and bounds: up 15% this year could be shortened, depending on the employer's business. However, that consumption is reduced does not mean that citizens' pull 'than the cards to finance their purchases in installments.

most large institutions are selling, along with personal loans, cards called 'revolving'. Sources of some of these entities have recognized that this is a niche product, especially in times of high consumption.

 

 

Among the benefits of these cards is that you can choose a monthly, quarterly and annual basis and can change the mode of payment (a specific amount each month, a percentage of debt to be maintained, a monthly payment ...). Among the innovations are the "Hop!" (People), the 'Easy Pay' (Santander), or the 'Three months' (BBVA).

 

However, one must know how to use the cards' revolving 'with some caution. To avoid abuse of this product, it can generate a debt to be regenerated over time, especially if sustained over the long term.

 

Provinces 21/12/2008