OnCuba editorial staff

OnCuba editorial staff

Cuba approves sale on credit of products whose prices exceed 2,500 pesos

Cuba approves sale on credit of products whose prices exceed 2,500 pesos

Cubans will be able to buy on credit goods whose prices exceed 2,500 pesos, such as furniture, mattresses, bicycles and electrical appliances, in accordance with Resolution 98/2021 of the Island's Ministry of Domestic Trade (MINCIN). Published this Tuesday in the extraordinary Gaceta Oficial Extraordinaria No. 66, the resolution establishes that Cuban citizens with permanent domicile in the country, who reside in the province where the sale is requested, and are over 18 years old, have legal and payment capacity, will have access to this service, the Agencia Cubana de Noticias (ACN) news agency reported. Among other requirements to access payment in installments, buyers must have demonstrable, fixed and guaranteed regular income, and have honored or be honoring other debts contracted under this mode of sale, the source indicated. Likewise, they must present at the retail establishment their identity documents, personal data and the certification of the ability to pay of a guarantor. https://twitter.com/BetsyDazVelzqu2/status/1418235517762785280?s=20 According to the resolution, to carry out this procedure, the client must also show a certification from the workplace with the salary earned, and in the case of self-employed workers, an affidavit of personal income taxes. For their part, pensioners or beneficiaries of social assistance will present...

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