BCP users have the option of accessing loans through the Yape application. The microcredits offered by the application range from S/150 to S/500 in a maximum payment period of 35 days and subject to a credit evaluation. Those interested who opt for this functionality must pay an Annual Effective Cost Rate (TCEA) of 80.97%. For […]
Tag: debts
Chile begins to collect the debts of parents who owe alimony to their children
A new law of Alimony entered into force this Saturday in Chili to, through State bodies, collect resources from parents who owe the monthly payment to their children and thus force them to comply with their obligations. “Is today! Our law on Parental Responsibility and Effective Payment of Child Support Pensions enters into force. A […]
Banks could not collect debts from salary accounts
When a user does not pay his credit card on time, the bank can collect from his salary account. Financial entities activate this mechanism if it has been established in the contract signed by both parties, explains the economist Enrique Diazalthough for some users this clause goes unnoticed. For this reason, Congresswoman Norma Yarrow (Avanza […]
They seek to put limits on the collection of debts through workers’ salary accounts
the congresswoman Norma Yarrow, from the Avanza PaÃs bank, proposes establishing limits for banking entities regarding the collection of direct debts from the accounts of the workers in which they receive their remuneration in order to protect their basic needs. Currently, if a user has a credit card and a salary account at the same […]
Double-edged sword: what are the risks of the credit card minimum payment?
When used responsibly, a credit card can save you from a lot of trouble. On this long holiday, from April 6 to 9, due to the celebration of Holy Week, thousands of people take the opportunity to carry out more bills than usual. During this time, money plastics are an attractive option to pay some […]
How to know what my debt report and credit score is in Infocorp?
Knowing the debt report can help you improve the way in which you spend your money because you will know how the banks and institutions that can offer you loans see you. This is produced by Infocorp; However, in its database, not only debtors appear, but all Peruvians over 18 years of age, even if […]
How long would a Peruvian survive if they lose their main source of income?
The coronavirus pandemic severely hit the pocket of the family economy in Peru, where more than 70% of the labor force is informal, according to figures from the National Household Survey (Enaho). During this three-year period —interspersed quarantines and habitual political problems—, lThe purchasing power of citizens has been vulnerable to these emergency situations which, […]
Can they garnish your salary if you have debts with the bank?
In it Peru there are thousands of people who drag debts in financial institutions without having the possibility, or in many cases the willpowerto cancel them. According to SBS, more than 90% of debtors in the banking system are concentrated in mortgage and consumer loans. Faced with a delinquency scenario, many wonder if it is […]
Congress proposes rescheduling credit payments for a minimum term of 9 months
Congressmen Arturo AlegrÃa and Eduardo Castillo, from the bench people forcepropose to establish extraordinary measures to reschedule credit payments of natural persons and mypes that have been financially affected by the declarations of the state of national emergency as a result of natural disasters and social conflicts, registered since December 7, 2022. The PL 4525 […]
State of emergency: who can reschedule their debts for up to 6 months and what conditions are requested?
following the damage caused by the passage of cyclone Yaku in several country regionsthe Superintendency of Banking, Insurance and AFP (SBS) authorized the financial entitiesthrough the Multiple Office 12174-2023-SBSto adopt exceptional measures so that they can be applied to the credits of the debtors who were affected in the Areas declared in a state of […]