The Economist Luis Piantini Munnigh He said regarding the editorial of Listín Diario “Dinero a manos llenas”, of this Tuesday, December 6, that The banks’ decision to introduce new products for lower-income people responds to a segmentation that is being introduced in the credit card market.
He believes that the measure is well-intentioned and that the message that is sent is that those who have greater risks of non-payment due to their low level of income and their instability due to the type of income they represent, have lower financial costs.
I think that what is important in terms of inclusion is that the proposed conditions are applied to all its instruments, reducing the enormous costs that are applied to credits with this type of instrument, which is the objective of inclusion and distributive justice that must be applied by any public entity that acts in a free trade market.
Prudence
For the Vice Dean of Economics of the UASD, Antonio Ciriaco Cruz, you have to be prudent with household indebtednessand although in the current context there will be a lot of circulation with the royalty and payments that possibly exceed RD$100 million, today there is a slowdown and that is why any expansion can be beneficial rather than harmful.
He indicated that the context is one of a slowdown in the economy and therefore he believes that this measure could bring the economy closer to its potential growth because what it is about is more activity and more consumption, given the fear of a recession process that is walking
