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Buying a new or used car is the dream of many people and families in Colombia, and although there are reliable sites, crime is always on the lookout for victims, particularly in used businesses.Scammers know that it is a large and growing market, but in which there is also a lot of informality, a fertile scenario for scams. Despite the efforts of the authorities to counteract these frauds, the truth is that naivety, ignorance and lack of information are taken advantage of by criminals.There are many sites to search for a used car. There are dealerships and virtual Internet sites,…

Loss of traction in the economy, the high cost of money and high inflation They are passing a higher bill to Colombians as 2023 progresses.This seems to be corroborated by the most recent figures on the evolution of the Colombian financial system that show how, after 20 months of positive growth, the loan portfolio stagnated again and for April it presented a negative dynamic of 0.49 percent, impacted by the poor performance of consumer credit and housing financing.(Also read: Pandemic dealt a hard blow to cash and brought banking to 76% in Latin America) The debts with more than 30…

As with other sectors of the economy, Electricity has a supply chain where trading companies sell energy to Colombiansafter previously buying from the generators, paying the 'tolls' to the transporters (transmitters and distributors), billing the users and temporarily assigning the subsidies to those who benefit from them, assuming portfolio risks and commercial losses, among others.(Also read: Can all energy consumption be met only with wind and solar farms?). Thus, to face the burdens and responsibilities assigned to them by law and regulation, they must have substantial capital. In short, the resellers are the face of the service and, if the…

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