ÁLIKA RED

by ÁLIKA RED


Finance

free



ÁLIKA RED is the credit network designed for a community connected through credit.The credit can vary in a term that goes from sixteen weeks to a year and with weekly, biweekly or monthly payment modalities. So you have a totally personalized credit to your capacity and plans.How does it work?• Download the app• Upload your personal data• Enter or pay for your code• Answer the evaluation• In less than 24 hours you get an answer• When being accepted or rejected you are notified through the app• Your transfer is made• You track your deposits in the appThe benefits of working using our service- Individual credits- Term: from 112 to 365 days- Credit from $2,000.00 to $50,000.00- Remotely without leaving your home- Quick response- Annual CAT: Weekly Modality: 176.41% Fortnightly modality: 188.96% Monthly Modality: 194.19%Calculation example for a loan of $10,000.00 MXN for a term of 12 months.No. Amortization Interest Amort + Int VAT Installment Unpaid Balance 1 $442.56 $940.90 $1,383.45 $150.54 $1,534.00 $9,557.44 2 $490.86 $899.25 $1,390.12 $143.88 $1,534.00 $9,066.58 3 $544.43 $853.07 $1,397.50 $136.49 $1,534.00 $8,522.15 4 $603.86 $801.84 $1,405.70 $128.30 $1,534.00 $7,918.29 5 $669.76 $745.03 $1,414.79 $119.20 $1,534.00 $7,248.53 6 $742.86 $682.01 $1,424.87 $109.12 $1,534.00 $6,505.67 7 $823.94 $612.11 $1,436.06 $97.94 $1,534.00 $5,681.72 8 $913.87 $534.59 $1,448.46 $85.53 $1,534.00 $4,767.85 9 $1,013.61 $448.60 $1,462.22 $71.78 $1,534.00 $3,754.24 10 $1,124.24 $353.23 $1,477.48 $56.52 $1,534.00 $2,629.99 11 $1,246.95 $247.45 $1,494.40 $39.59 $1,534.00 $1,383.04 12 $1,383.04 $130.13 $1,513.18 $20.82 $1,534.00 $0.00Below you will find details of how your credit is calculated according to our modalities (weekly, biweekly, monthly):Álika Red personal creditITEM 16 weeks 8 fortnights 4 monthsAnnual fixed ordinary interest rate 131.46% 126.98% 125.35%Fixed annual default rate 5.00% 5.00% 5.00%Cut-off date Weekly Fortnightly MonthlyDeadline for payment Weekly Fortnightly MonthlyCollection Expense Fee $100.00 $100.00 $100.00In all three cases it is considered:- Opening fee: Does not apply- Charge for early settlement before the first payment: Does not apply- Charge for early settlement after the first payment: Not Applicable- Account statement issuance charge: Not Applicable- Date of calculation: April 5, 2022. Validity of the calculation of the calculation of the Total Annual Cost not exceeding 6 months.Requirements to apply for a loan:• Being over 18 years• INE and proof of address• Be the holder of a bank account in Mexico• Have a credit historyYou will do all the monitoring from the app but if you need more help, a personalized advisor will support you in the process.Response times may vary due to setbacks in the connection with the service.