Rico-Créditos y préstamos

Rico-Credits and Loans is an excellent personal loan platform. We offer completely online loan services to residents of Ecuador. Registration is simple, the application is completed in three steps, the approval process is smart and automatic, and the disbursement of funds is fast. For qualified clients, we offer a variety of loan products and services. Users must download our mobile app, register with their phone number, and then be able to use our services.

Product Introduction
- Loan limit: $45 to $3,000
- Maximum interest rate: The maximum annual percentage rate (APR) is 26%
- Loan term: 91 to 365 days
- No service fees or other charges

Product cost calculation: For a $1,000 loan with a 120-day term, the costs are as follows:
- Monthly interest rate: 26% / 12 = 2.167%
- Monthly interest: $1,000 * 2.167% = $21.67
- Total monthly payment: $1,000 / 4 + $21.67 = $271.67
- Total interest: $1,000 * (26% / 365) * 120 days = $85.48
- Total payment: $1,000 + $85.48 = $1,085.48

What types of users can apply?
1. Ecuadorian citizens or legal permanent residents over 18 years of age (we do not offer services to minors).
2. Have a bank account.
3. Have a mobile phone number and a stable job.

About Rico-Credits and Loans
1. 3-step application, completely online, with clear rates (for long-term use).
2. The loan approval process is completed in 3 minutes.
3. If approved, we will deposit the funds into your designated bank account immediately.
4. Maintain a good history of using and repaying funds. We will offer you higher credit limits, more favorable interest rate policies, and better services.

How to contact us?
- Business hours: 9:00 a.m. to 6:00 p.m. (Monday to Friday)
- Email: [email protected]