Payday Loan Requirements

 

You can ask for your payday loan and have the peace of mind that they only ask for MINIMUM requirements. In the case of the payday loan , the Bank lends you up to $ 200,000, up to 60 installments at a fixed rate and in pesos.

With respect to their Requirements , they request the following:

• Minimum requirements: age between 18 and 75 years, 6 months of seniority and monthly net income from $ 5,000 for singles / family group. Demonstrable monthly income from $ 5,000 (single / family group) and term 60 months. Annual Nominal Rate 50.00%, Annual Effective Rate 63.21%. For incomes less than $ 5,000, consult current conditions. Total Financial Cost C / VAT (CFT): 84.19%. Fixed rate in pesos.

French amortization system. The payday loan is subject to payday loan approval and contracting conditions of amount subject to declared income. Current conditions throughout Argentina from 29/01/2014 until 02/28/2014. If the maturity of the first installment is deferred, the accrued interest must be paid up to the deferral date. CFT: includes VAT on interest at the rate of 21%; 0.13% Life insurance on debit balance; 4% plus VAT of granting expenses on the amount granted, minimum $ 20.

Pre-Approved payday loan

The personal payday loan that helps you meet your goals. You can payday loan the money in your account immediately in the following ways:

  • through Online Banking
  • calling Line
  • or from any Automatic Teller of the Banelco Network; entering “Other Operations” / “payday loans”

Request your Pre-Approved payday loan and enjoy the following advantages:

  • You must not submit any documentation.
  • Maximum amount up to $ 150,000
  • Up to 90 days to pay your first fee.
  • The amount of the fee will be automatically debited from your Single Account Service and will be reflected in your unique Monthly Summary.
  • Possibility of activating your Personal payday loan Pre-agreed on weekends.
  • The co-owner of your unique account can also activate your payday loan, make inquiries and payments.
  • The payday loan is subject to payday loan approval from

If the first installment is deferred, the accrued interest must be paid up to the deferral date.

Easy to Pay
• Term of up to 60 installments at a fixed rate and in pesos.
• The first installment can be paid up to 90 days.
• You can cancel it totally or partially, whenever you wish.

In the case of payday loan , the Requirements are the following:

  • Age of the holders: from 21 to 70 years.
  • Argentine residents or foreigners with permanent residence in the country.
  • Minimum age at home: 1 year.
  • Labor Continuity: 6 months.
  • Minimum monthly net income: $ 5,000.- Single / Married.
  • Relation total quota / monthly net income: 35%.

 

 

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