Direct Credit Companies Service
Andrew Kretzer
Direct Credit Companies a.k.a SCD (brazilian portuguese acronym) are financial institutions that offer loan, financing, and credit rights acquisition operations through an electronic platform and exclusively with the use of their own financial resources.
The SCD is regulated by BACEN (Central Bank of Brazil), which is also an indication of compliance with the strict requirements of the regulatory agency and of an operation aligned with the best market practices when it comes to security and protection of customers' financial transactions and the integrity and confidentiality of their financial details.
Some feature from the system:
Issuance of bank credit bills, which allow the accumulation of interest and fines on overdue card transactions
Generating reports for the Central Bank of Brazil
Control of payments related to credit operations issued by SCD
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Posted Apr 29, 2024
Creation of a service to carry out credit operations such as loans, financing, and credit rights acquisition operations
