Vivo enters the financial sector with credit launch of up to R $ 30 thousand


Vivo announced the launch of personal credit for its Controle and Postpaid customers. The so-called Vivo Money offers a loan of R $ 1,000 to R $ 30,000, with 100% online contracting. The new service was in the testing phase between August 2019 and April 2020, but will be available to everyone from October 19th.

In addition to offering telecommunications services, the company is now taking the first step in the financial sector with the launch of personal credit. According to the Vivo, The aim is to position itself in the market as a hub for digital services.

“The relationship we have with our customers and the trust of the Vivo brand are important attributes for the success of Vivo Money, a service that makes it easier to hire personal credit, safely, quickly and without bureaucracy. With Vivo Money, we have advanced in our purpose of Scan to Approach ”, says the director of Vivo Money, Sandro Sinhorigno.

Vivo personal loan

Vivo Money offers credit from R $ 1 thousand to R $ 30 thousand, with a payment term of six to 24 months. The loan has interest rates starting at 1.99% per month, according to the customer’s credit profile analysis. It is worth mentioning that there is no charge for additional fees, such as, for example, for opening credit.

In addition, contracting the service is 100% online and without bureaucracy. The customer can simulate an offer of personal credit directly through the Vivo Money website, indicating the amount and amount of desired installments.

To do this, simply inform the requested data, and send only three documents (CNH or RG, selfie and proof of residence, in cases where the address indicated is different from that registered at Vivo) for the company to analyze the credit profile .

In case of approval, the customer will be informed via SMS, and will need to access the website to complete the contracting of the personal credit. The loan amount will be deposited in the current or savings account indicated within two business days. The credit is paid by bank slip or automatic debit.

Read also: Personal credit in boleto: Release of up to R $ 10,000 in up to 24x


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