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Terms and Fees
The minimum term is 6 months and the maximum is up to 24 months to repay the loan.
Loan example
Loan amount: ₲ 3,000,000
Term: 12 months
Monthly Fee: ₲ 377,000
Total cost of the loan: ₲ 4,524,000
TAN: 28.79%
APR: 32.91%
COMMISSIONS, EXPENSES AND SERVICES: 11%
VAT: 10% ON INTEREST
The Annual Effective Rate, minimum 13.25% and maximum 34.20%, whose percentages are periodically set by the Central Bank of Paraguay.
The interest rate and fees vary based on the applicant's credit history.
The amortization system used is the French equal installment system.
Terms and Fees
The minimum term is 6 months and the maximum is up to 24 months to repay the loan.
Loan example
Loan amount: ₲ 3,000,000
Term: 12 months
Monthly Fee: ₲ 377,000
Total cost of the loan: ₲ 4,524,000
TAN: 28.79%
APR: 32.91%
COMMISSIONS, EXPENSES AND SERVICES: 11%
VAT: 10% ON INTEREST
The Annual Effective Rate, minimum 13.25% and maximum 34.20%, whose percentages are periodically set by the Central Bank of Paraguay.
The interest rate and fees vary based on the applicant's credit history.
The amortization system used is the French equal installment system.
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