One of the most popular stores in the country is coppelwhich is characterized by selling products such as household appliances, footwear, clothing, furniture, toys, motorcycles, among others, at affordable prices, according to the company itself.
In addition to being recognized for the variety of items and services it offers, Coppel is also famous for its credits and loanssince requesting them and becoming a beneficiary of these is very simple.
To obtain it, it is enough to be over 16 years of age, have an official identification on hand and proof of address. It can be requested by going to any branch, online and even by WhatsApp message.
It might interest you: This is how you can receive your Coppel account statement by WhatsApp
By contrast, there are also certain reasons why Coppel can deny you the credit from the beginningsuch as a bad credit history, or although unusual, get canceled in the middle of the process. We list the reasons why it can happen:
- Debts with the department store
If you have debts with the company or accumulate them as your loan progresses, Coppel can withdraw your credit. However, there is a refinancing plan called ‘Heal your debt’ with special discounts for debtors and zero interest rate. - Incorrect data
Whether your name is not spelled correctly, you have submitted an expired proof of address, or you have an error in your information, the company has the right to withhold or cancel the credit until the problem is clarified. - not using your credit
If you wait too long before using your credit again, you may lose it. To clarify this situation, you can go to any branch and ‘activate’ the offer again.
What happens to my debt if I die?
If you have a debt in Coppel, it will not be passed on to a close relative, but there is something you should know. According to Coppel, “if you have a debt from the Coppel store area, this debt is cancelled, but for this, certain requirements are necessary that your relatives must deliver.”
Credit cards and mortgages are among the obligations that are settled or paid automatically if the owner who contracted said obligation dies. This happens as long as it is not the spouse or the executor with the obligation to settle the debt.
Financial institutions give in their services the benefit that the heirs are free to pay the debt that is owed at the death of the person, it is a kind of insurance that has an extra cost.
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