INSS detects new irregular credit operated by Master, similar to Credcesta, and finds signs of fraud
The INSS has identified irregular lending practices associated with Banco Master's M Fácil Consignado, indicating potential fraud in loan contracts.
Credcesta, from Master, is irregular, omits interest rates and contracts will be canceled, says INSS president
The president of Brazil's INSS has declared the Credcesta credit card operated by Master as irregular, lacking legal support and incorrectly omitting interest rates, leading to potential contract cancellations.
Credcesta, linked to Master, has complaints of unrecognized discounts and persistent calls
Complaints from users of the Credcesta card reveal issues with unauthorized salary deductions and persistent telemarketing calls.
Pleno Bank is liquidated, but those with Credcesta loans must continue payments
The liquidation of Pleno Bank requires borrowers with Credcesta loans to continue making payments despite the bank's closure.
Linked to Master, Credcesta reached 2.7 million loan contracts and has a pattern of failures, says INSS
Documents from the INSS indicate a significant increase in the benefit of credit loans from Banco Master distributed by Credcesta, highlighting concerns over compliance.