Did you know that Yape also offers loans? So you can request up to S/10,000 from the app

In the financial world, innovation and accessibility are key to reaching more users. Yape, the popular digital wallet, not only facilitates payments between friends and family, but also offers the possibility of accessing credits of up to S/10,000. This service, supported by the Credit Bank of Peru (BCP), stands out for its speed, allowing users to obtain a loan in a few minutes.

Accessing Yape credit is a process designed to be intuitive and efficient. The platform allows its users to request a loan directly from the application, with a procedure that is completed in a few minutes. This new financing option is ideal for those who need money urgently and are looking for a quick and reliable solution.

Yape: what are the conditions to obtain a loan?

In order to access credit in Yapeit is essential to meet certain requirements:

• Be affiliated with Yape with a DNI or card account BCP
• The applicant must have updated personal information
• Debit card without locks
• A favorable credit history
• Have an offer promoted by Yape

The Banco de Crédito del Perú (BCP), the entity that manages Yape, establishes these criteria to guarantee that users could comply with the financial commitments made. These requirements protected both the entity and the users, avoiding situations of over-indebtedness.

What are the steps to request a loan from Yape?

Applying for a loan in Yape is a simple process that is carried out in five basic steps:

1. Enter the Yape application
2. Access the section credits
3. Select the option: request a loan and select the desired amount
4. Confirm if the amount is the desired amount and verify the interest added to the credit
5. Accept the conditions

Once this process is completed, the request has to be validated using a security code and, if approved, the money is deposited directly into the user’s Yape account. It is worth mentioning that credit can only be requested from Monday to Sunday from 5 am to 11:59 pm​ In addition, only one credit can be requested at a time.

If they grant me a loan in Yape, how can I pay it?

Payment of the Yape credit is made through dues monthly, which are determined at the time of requesting the loan. The app offers a simulator that allows you to calculate how much must be paid each month, depending on the amount requested and the chosen payment term. For example, for a loan of S/10,000 for 12 months, the monthly payment could be around S/900, although this value may vary depending on the conditions. rates of interest current.

Applicants must take into account their payment capacity when requesting a loan in Yape. Meeting monthly payments is essential to maintaining good credit and avoiding additional charges for late payments or defaults. The app makes it easy to track payments and sends reminders so users don’t forget their financial obligations.