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How to obtain an unsecured personal line of credit in Colombia?
Download Dedication!
Advantages of the loan:
1.
Without any warranty
2.
Low interest rates
3.
Long-term refund
4.
Security
5.
Confidentiality of the information, the loan information will not be revealed to anyone
Loan steps:
1.
Download and install Dedication from Play Store
2.
Sign up for an account
3.
Fill in your basic information and submit the application
4.
After approval, the system will automatically deposit the money directly into your bank account
Product description:
Interest Rate: Daily from 0.05% to 0.09% + Value Added Tax (VAT)
Annual Interest Rate (TIA): The minimum annual interest rate is 20%, the maximum interest rate is 32%, depending on your credit history and risk analysis.
Loan amount: from 200,000 to 2,000,000 COP;
Places: from 91 to 180 days;
Commission: from 50,000 to 200,000 COP;
You must be over 20 years old and have the ability to repay the loan, otherwise you will be rejected;
Example
For example, for a 91-day loan of COP $500,000 (at an annual interest rate of 24%).
The monthly payment will be COP $40,881 (EMI) and the total amount of the payments will be COP $546,575;
Interest: COP $500,000 * 24% / 365 * 91 = COP $29,915;
Platform: COP $300,000; Discounts: COP $286,000; Platform Fee: COP $300,000 - COP $286,000 = COP $14,000;
VAT: 19% * Platform = 19% * COP $14,000 = COP $2,660;
The total amount to be paid = loan amount + Interest + commission + VAT = COP $500,000 + COP $29,915 + COP $14,000 + COP $2,660 = COP $546,575;
EMI = COP$40,881;
APR = This would translate into a TEA (Annual Effective Rate) of 85.69%.
Contact Us
Email: [email protected]
Address: Cra.
52, La Candelaria, Medellin, La Candelaria, Medellin, Antioquia, Colombia.

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