Venezuela's CrediMax Premium launches 24‑month, interest‑free financing plan

CrediMax Premium, a financing product launched by CLX Group and sold through MultiMax stores, offers Venezuelan consumers up to 24 bi‑weekly interest‑free installments, allowing a repayment period of up to one year. The plan requires an annual membership fee of $40 (based on the BCV rate) and provides a credit limit of $500 for the Classic Premium tier and $600 for the Bronze Premium tier, with a 40 % down‑payment requirement.

The service is described as a rotating credit line: when a purchase is paid off, the amount becomes available again for future purchases. Memberships are personal and non‑transferable. Nasar Ramadan Dagga Mujamad, president of CLX Group, said the plan is intended to give families greater flexibility and the ability to “build the home of their dreams” at their own pace.