About FiadoAPP
Apply for your loan quickly and securely with the Fiado App.
About our loans:
-Available amounts from $100 to $5,000 USD
-Terms from 6 to 36 months
-Monthly interest rate: 3.33% - 5%
-Nominal Annual Interest Rate: minimum 40% and maximum 125%. 60%
- Maximum APR/APR (Annual Percentage Rate): 80.51%*
- Disbursement fee: 1.5% - 10%
- Late fee: $1.50 to $10.99 USD
- No prepayment or membership fee
Representative example:
- Amount requested and delivered to the customer: $100.00 USD
- Disbursement fee (8%): $8.00 USD**
- Repayment or return period: 12 months
- Nominal Annual Interest Rate: 40.00%
- Effective Annual Interest Rate: 55.97%
- Monthly payment: $11.07 USD
- Total due: $132.84 USD***
- Total cost of the loan (interest + fees): $32.84 USD***
*The rate The Annual Percentage Rate we use complies with current legislation on Legal Maximum Interest Rates established by the Central Reserve Bank of El Salvador.
**The disbursement fee is included in the monthly installment payment.
***In the event of late payment, late fees between $1.50 and $10.99 USD may apply, according to our Late Payment Policy available on our website.
All our loans have a term of more than 60 days and comply with current legislation in El Salvador. Our loans require a repayment commitment; before applying, be sure to assess your payment capacity and review our Terms and Conditions.
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