All consortium members pay their installments and this amount is directed to the group. All monthly awards take place by draw or bid by one or more consortium members.
At the end of the consortium term, all consortium members will be covered, will receive their credit and will be able to purchase the good or service they want, within each chosen category.
Porto Seguro Vehicle Consortium
The Porto Seguro vehicle consortium is one of the references in the consortium market in Brazil. It has tradition as it is a large and innovative bank in the financial market.
The services provided by the company have a strong acceptance in the market nationally. In this way, its products and services sold allow its users to have security and confidence when contracting.
Why is the Porto Seguro Vehicle Consortium so successful?
The Porto Seguro vehicle consortium has thousands of active customers who benefit from its letters of credit, through raffles and contemplation bids.
With thousands of agencies spread throughout Brazil, the Porto Seguro consortium is easy to hire with qualified service and a team extremely prepared for in-person, online or telephone service.
See below in this brief article all the information related to the Porto Seguro consortium, the formation of consortium groups.
Also content related to assemblies so that you can be informed on how to monitor your hiring and be able to obtain your desired asset with security and transparency.
What is a Porto Seguro Vehicle Consortium Group
It is a meeting of people whose objective is to acquire a good. In other words, the consortium group is made up of people with the same interest, acquiring an asset in the medium or long term.
There is a minimum number of participants and an administrative body in this case, Porto Seguro, to organize and make it work correctly, providing security to its users.
Unlike financing in which the parties borrow resources from financial institutions and pay interest on this loan, in a consortium the resources are proportional to the assets subject to interest.
The Porto Seguro consortium group has a minimum number of participants with payments made monthly so that there is solidity and financial health for all shareholders.
How the Porto Seguro Vehicle Consortium Group is Formed
Each acquired quota reaches the consortium to be added to a group. Participants obtain a quota by becoming a shareholder within the group.
The maximum number of shares in a group is the result of multiplying the term of the purchased plan by the number of monthly benefits covered.
For example, if you purchased a consortium share in 60 months and the number of contemplations covered per month is four assets, your group will have 240 participants.
What are the meetings of a vehicle consortium
These are meetings held monthly by the Porto Seguro consortium so that the consortium members become aware of the group’s financial situation and can make their offers, that is, their bids, in addition to knowing the quotas covered.
Meetings are scheduled based on the due date for group members’ installments.
Each occurs, on average, four days after the installment is due.
Forms of Contemplation of the Vehicle Consortium
The Porto Seguro vehicle consortium has 3 forms of contemplation for you to obtain the availability of the total value and then be able to purchase your asset. See each of them below and how they work in practice:
Contemplation by lot
The first way of contemplating the Porto Seguro consortium and perhaps the most desired is through a draw.
This is the option where you don’t need to make any financial outlay, just count on being lucky enough to be drawn and be able to purchase your desired item.
The draws take place from the first month of participation to the last, where everyone competes on an equal footing.
Contemplation by move
Contemplation in the Porto Seguro consortium by bid is extremely attractive for those who want to obtain their desired asset quickly and safely.
On a certain date of the month, the option to bid on your Porto Seguro consortium is open. At this point, the shareholder informs the bid amount he will offer and waits to find out if his bid was successful.
It is worth remembering that in the Porto Seguro consortium system, there is the advantage of monitoring the values of previous bids.
This way, it will be possible to have an idea of what values will be needed to be able to win through the bid in your Porto Seguro consortium.
This option of obtaining your vehicle ends up being the last resort to have your desired asset in your hands.
When the last installment is paid, the entire amount paid month by month will be available to you.
The great advantage of this modality is that as there will no longer be an obligation to pay future installments, there will be no disposal of the purchased asset.
In other words, the asset acquired will be yours alone without the institution from which you acquired the consortium being committed.
Within Porto Seguro, there are a multitude of services and forms of assistance, therefore, you can be served in all modalities so that your entire home and assets will be supported by it.
The company has a highly qualified team prepared to provide in-person and online service.
It also has an after-sales service that makes it easier to follow up on your requests, providing all the necessary support to provide better service.