Resources in Quarantine

During the quarantine, the credit card companies released more than R$ 62 billion in credit volume destined to the trade and services segments. The resources are from the advances of receivables made between March 15 and May 15. The information is part of a survey by the Brazilian Association of Credit Card and Services Companies (Abecs). Of the total released, about one third was allocated to microenterprises and individual microentrepreneurs (MEI). According to the entity, since the end of March, card issuers have also extended credit limits and extended payment deadlines for invoices.