1.0
Age
between 18 and 70 years old
2.0
Documents
required by Finloop
3.0
Administration cost
$10.00 MXN per period.
Current Account Credit
Exclusive product for our
Adhesion Contract Registration Number (RECA) 16559-440-040589/01-01595-0624
Characteristics
1.0
Minimum term
From 1 month to 120 months
2.0
Minimum credit amount
50,000 MXN up to 40 million MXN
3.0
Payment frequency
weekly, biweekly, and monthly
4.0
Funds
transfer
5.0
Minimum interest rate
5% (five) percent up to 45% (forty-five) percent
6.0
National coverage
7.0
Interest rate type
Fixed
Hiring Requirements
Complementary services
- Life and disability insurance up to 3,000,000.00 (Three million pesos 00/100 M.N.)
Annual average CAT (%) 27.1% without VAT (calculation date April 30, 2024)
- Calculation amount 1,000,000.00 (One million pesos 00/100 M.N.)
- Calculation conditions for a 12-month credit from April 30, 2024, with monthly payments as of April 30, 2025, annual rate of 20% without VAT, a disposition commission of 2% without VAT, and administration fee of $10.00 MXN per period without VAT.
Commissions
- Opening fee: (0%) not applicable.
- Annual fee: (0%) not applicable.
- Prepayment: (0%) no penalty for early payment.
- Late payment (delinquency): (0%) not applicable.
- Card replacement: not applicable.
- Unjustified claim: not applicable.
Other commissions
- Disposition commission: This commission will be calculated based on the total amount of the disposition made, for an amount or percentage corresponding to 2%.
- Administration fee: For the administration of this credit line, the amount of $10.00 MXN during all periodic payments of the credit, as per the amortization table.
