HiperEmprésito

HiperEmprésito is a line of credit application.

HiperEmprésito is a credit app that can help you cover all your financial needs in a short period of time.

About the credits:
-Credit limit: From $2000 to $50,000 pesos
-Duration: 91 to 180 days
-Interest: Percentage annual rate of 24%- 60%
-Commission: Varies from 1% to 18% for a single charge (depends on the user's risk assessments and credit tenure)
VAT: 15%
APR: 24%-60%
CAT: 150% —410%
Requirements: You are between 18 and 60 years old

Calculation of Interest, example
Loan Amount: $5,000
Loan term: 120 days
Annual interest rate (TIA): 25%
Daily interest rate (TID): 0.068%
VAT: 16%;
CAT: 177.6%
Total interest: $5,000 * 25% (TIA) / 365 * 120 = $410.96
Commission + Value Added Tax (VAT): $200+ $65.75= $265.75
Total Payment Amount: $5,000 + $410.96 + $265.75= $5,676.71

What are HiperEmprésito cash loans?
Use the HiperEmprésito application on your cell phone to cover your daily and temporary financial needs.
We know that in Mexico how difficult and uncomfortable it is to borrow money from a friend or a bank, for this reason we developed this powerful Quick Credit app to provide you with personal loans quickly and easily, online, without paperwork to help your situation.

How to apply for a loan?
-Download the HiperEmprésito application on GooglePlay
-Fill out a small application through the app.
-We will verify your identity through a protected and secure system.
-We deposit the loan money directly into your bank account.
-Remember the payment date, develop the habit of paying on time and you will be able to increase more in the line of credit in your next loan, additionally, you will be able to extend the term of your payment.

What is needed to request a loan?
-Being over 18 years
- Be Mexican and reside in Mexico
-Have a debit account with an age of one year (in your name)
-IFE/INE current
-Download the application.



About SMS permission
This is an essential part of the user loan process.
The SMS permission is required for us to complete credit risk scoring, which helps us identify the various financial transactions you may have, cash flow patterns, description and amount of a user's transactions to help us track carry out a credit risk assessment that allows us to determine the user's risk profile and provide you with the appropriate credit analysis.
Financial transaction text messages will only be r