Crédito Club allows quick deposits in just 3 minutes. Respect user privacy and protect user rights. is the leading online loan application in Colombia, focusing on providing simple, fast and flexible online loan solutions.
Product details
Loan amount: from COP $150,000 pesos to COP $2,500,000 pesos;
Loan term: 120 days-360 days
Interest: 0.06% daily;
Value Added Tax (VAT): According to Colombian policies and laws, the platform collects 19% of the value added tax;
APR: The TEA (annual effective interest rate) reaches 28.0%.
For example,
120-day loan in 4 installments for COP $100,000. The details of the loan are as follows:
Interest: 100,000 * 0.06% * 120 = 7,200COP
Platform: 300,000 COP, discount: 286,000 COP, platform fee: 300,000 COP - 286,000 COP=14,000 COP
Value added tax: 19% * platform fee = 19% * 14,000 COP = 2,660 COP;
Total payment = loan amount + interest + platform fee + VAT =( COP $100,000 + COP $7,200 + COP $14,000 + COP $2,660 )/4= COP $30,965
Initial Issue: COP $30,965
Phase 2: COP $30,965
Phase 3: COP $30,965
Stage 4: COP $30,965
Annual interest rate: TEA (annual effective interest rate) up to 28.0%
ratings
Colombian residents with citizenship card
18 years and older.
Have a bank account at Banco Bancolombia, Nequi, Daviplata, etc.
Loan steps:
1. Apply for an instant loan online
2. Wait for the review.
3. The review was successful and approved.
4. Obtain financing.
Contact Us
Email: [email protected]
Address: Cisneros, Cisneros Antioquia, Colombia
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