Introduction of Epicycle:
Credit amount: from $50,000 to $2,000,000
Terms: from 91 to 365 days;
Daily interest rate: 0.04%. Maximum annual interest rate of 14.6%.
Commission: 8%.
VAT: 19%.
APR/APR (Maximum): 29.26%.
APR / APR (Minimum): 24.01%.
Example:
Your loan amount: $2,000,000
Loan term: 150 days
Commission & VAT: $190,400
(Commission=$2,000,000 * 8%= $160,000, VAT= $160,000 * 19%= $30,400)
Total interest: $120,000
(Interest=$2,000,000 * 0.04% * 150= $120,000)
Monthly refund amount: $1,809,600
Final refund amount: $2,120,000
Eligibility:
1. Chilean citizens.
2. People over 18 years of age.
3. Have a stable income.
Steps to get a loan in Epiciclo:
1. Download the Epiciclo app and register.
2. Upload your CNI and wait for approval.
3. The loan arrives in your bank account in 3 minutes.
Privacy of Epiciclo:
Epiciclo promises to protect the personal data of all our users and all data collected is to verify your identity and create your credit profile. Without your authorization we will not disclose any personal information to anyone.
Contact:
If you have questions or suggestions for Epiciclo, please contact us by email:[email protected]
Office hours: Monday to Friday 8am-7pm.
https://www.epiciclo.com
Manquehue Norte 151, Of 1205, Las Condes, Chile.
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