See what we have for you
Choose car and payment plan
What is it??? How is it possible???
Kinscircle groups people with the same goals to acquire a car in a timely and organized manner, without down payments and without paying interest rates.
NO DOWN PAYMENT and ZERO interest rates
You choose the amount of money you will pay per month to buy a car, and join a group of people with the same objective. Everyone on your group will receive its own car until the end of the group.
WELCOME TO THE COLLABORATIVE ECONOMY!!!
Kinscircle is a collaborative way of buying cars. People with the same goals form a group, and upon monthly payments they raised money to let everyone have its own car until the final tenor of the group. Every month, someone within your group will receive a car, and then it goes with everyone until the maturity of the group.
Kinscircle is a self financing engineered solution to allow you to buy your car in installments, with zero interest rates, with the possibility of receiveing your car before the final tenor of your monthly payments.
How it works
1 - Choose car and payment plan
Choose the tenor and monthly installment that best fit to your budget.
2 - Group is formed
Wait for the plan to reach the minimum number of people.
Once it is achieved, the plan is launched and the monthly payments begin.
There is a monthly service fee for Kinscircle to set up and manage the collaborative group, which is a fraction of usual interest rates. A reserve fund fee is also applicable, which will be refunded at the end of the tenor of the group in case it is not used. And insurance policy (life and credit) are needed once the group kicks-off.
3 - Monthly payments
Pay the monthly installments regularly
4 - Winner every month
Every month, someone from the plan is chosen to receive the car of the month!!!
5 - Receive your car
When you are selected, you will be able to receive your car. Your car will be pledged to Kinscircle and your monthly installments obligations continues normally until the end of the plan.
6 - End of the plan
By the end, if everybody fullfiled with all the obligations, and the last client receives the last car, alls pledges on all cars are lifted and any surplus amount remaining on the account of the fund is redistributed back.
How it works
1 - Choose car and payment plan
Choose the tenor and monthly installment that best fit to your budget.
2 - Group is formed
Wait for the plan to reach the minimum number of people.
Once it is achieved, the plan is launched and the monthly payments begin.
There is a monthly service fee for Kinscircle to set up and manage the collaborative group, which is a fraction of usual interest rates. A reserve fund fee is also applicable, which will be refunded at the end of the tenor of the group in case it is not used. And insurance policy (life and credit) are needed once the group kicks-off.
3 - Monthly payments
Pay the monthly installments regularly
4 - Winner every month
Every month, someone from the plan is chosen to receive the car of the month!!!
5 - Receive your car
When you are selected, you will be able to receive your car. Your car will be pledged to Kinscircle and your monthly installments obligations continues normally until the end of the plan.
6 - End of the plan
By the end, if everybody fullfiled with all the obligations, and the last client receives the last car, alls pledges on all cars are lifted and any surplus amount remaining on the account of the fund is redistributed back.
Is It For You?
This is PERFECT for you if ...
you don’t like to pay interest rates!
you are disciplined and punctual on your monthly payments
you don’t like to put a down payment
you are not in hurry, and it is ok if it takes some time to receive your car
it is ok if you don’t have a good credit score.
(but nice if you have a good one)
Vinco
Who we are
Kinscircle is a company that enables the collaborative self-financing for the acquisition of goods in na organized and planned maner, over time, without charging interest rates and without necessity of down payments.
Kinscircle was inspired by similar solution from jurisdictions, where the collaborative self-financings solution is a well established form of allowing anyone to buy consumer goods over time with cost inferior the the usual financing options.
