Creditel

Description

This new version is more intuitive and has a refreshed design.

You can apply for your loans quickly and securely.
Transfer money to your bank account, view pending payments, card transactions, and your account statement.
You can also request automatic debits, insurance, top up your cell phone, and redeem Credipuntos.

Regulation:
Socur S.A. (Creditel) is supervised by the Central Bank of Uruguay. For more information, visit www.bcu.gub.uy.

Minimum and maximum term:
Maximum and minimum loan payment terms (installments): 2 to 48 installments. Minimum term: 61 days and maximum term: 4 years. Loans cannot be prepaid before the 121st day after the loan is granted.

Interest Rates:
MAXIMUM CURRENT RATES FOR CASH LOANS AND PURCHASE ORDERS (APR): Interest: Up to 366 days and up to 9,999 UI - 102.90%; Up to 366 days and greater than or equal to 10,000 UI - 68.14%; 367 days or more and up to 9,999 UI - 127.14%; 367 days or more and greater than or equal to 10,000 UI - 93.05%. Note: Current Rates + VAT. The maximum APR for any loan is 127.14% + VAT.

Example:
For a loan of $10,000 in 5 installments, total financed price PTF $14,109.20. Includes insurance of $51.62 per installment. Subject to credit approval.

Note:
Conditions and offers may depend on each customer's credit analysis. The above details are as of 9/2025. You can find all the information at www.creditel.com.uy