Mercado Libre will provide credit to buy cars through BBVA



The e-commerce platform Mercado Libre will begin to grant financing to purchase a car on its platform, through an alliance with BBVA Mexico.


According to Iliana Vetrano, director of the company's marketplace for vehicles, real estate and services, this tool will allow a credit request to be made through a click, the unit is set aside, to be later picked up at the authorized and verified agency that sells it.


While BBVA Mexico is in charge of the corresponding investigations to know if the request can proceed or not; where the contract will be direct, both in payment agreements and in the terms and conditions, defined by the banking institution.


Read more (in Spanish): https://www.forbes.com.mx/negocios-mercado-libre-credito-comprar-autos-mano-bbva/amp/