In this opportunity we will analyze the personal loan offered by the bank which has the following benefits and characteristics:

In this opportunity we will analyze the personal loan offered by the bank which has the following benefits and characteristics:

  • Activate it by phone and instantly get the money you need, with immediate credit to your account.
  • Loans in pesos.
  • Constant fees at a fixed rate.
  • Up to 60 months term.
  • Possibility of canceling totally or partially.
  • Savings box without charge for the debit of the installments.
  • Get the best benefits all year.
  • Choose the most convenient credit card.
  • Operate your products in the safest way.
  • The client must demonstrate a minimum income of 5400 pesos.
  • The quota-income ratio can not exceed 40%.
  • The minimum age of hiring is 21 years.
  • The maximum age of employment is 75 years.
  • Possibility of making a total or partial cancellation in advance. The cost of the pre-cancellation, total or partial, is 3% + VAT on the pre-cancellation amount.

The value of the fee for each 1,000 pesos requested for the different terms available are:

  • For a 12-month loan the fee is 109 pesos.
  • For an 18-month loan the fee is 81 pesos.
  • For a 24-month loan, the fee is 68 pesos.
  • For a 36 month loan the fee is 55 pesos.
  • For a 48-month loan the fee is 49 pesos.
  • For a 60-month loan, the fee is 46 pesos.

The applicable interest rates for the different terms are:

  • For a period of 12 months: The Annual Nominal Rate is 42%, the Annual Effective Rate is 51.11%, the total financial cost is 82.24%.
  • For a period of 18 months: The Annual Nominal Rate is 42%, the Annual Effective Rate is 51.11%, the total financial cost is 78.40%.
  • For a period of 24 months: The Annual Nominal Rate is 42%, the Annual Effective Rate is 51.11%, the total financial cost is 76.45%.
  • For a period of 36 months: The Annual Nominal Rate is 42%, the Annual Effective Rate is 51.11%, the total financial cost is 74.52%.
  • For a period of 48 months: The Annual Nominal Rate is 42%, the Annual Effective Rate is 51.11%, the total financial cost is 73.59%.
  • For a period of 60 months: The Annual Nominal Rate is 42%, the Annual Effective Rate is 51.11%, the total financial cost is 73.06%.