RápidoCred - Fast and efficient loan service for clients throughout Ecuador

We strive to resolve our clients' temporary financial difficulties by approving loan applications immediately and depositing the funds directly into their accounts.

Product Description:
• Loan Amount: $30 - $2,000 USD
• Loan Term: 91 days (minimum, including renewals) to 365 days (maximum, including renewals)
• Interest Rate: Maximum annual rate of 18%, daily rate of 0.048%
• Service Fees: This product does not charge any additional fees or hidden charges.

Loan Calculation Example:
Let's assume a user requests $1,000 USD with a term of 120 days (4 months). Upon approval, you will receive a net interest of $1,000:
• Daily interest: $1,000 × 0.048% = $0.48
• Monthly interest: $1,000 × 0.048% × 30 = $14.4
• Total interest over 120 days: $14.4 × 4 = $57.6
• Monthly payment: ($1,000 ÷ 4) + $14.4 = $264.4
• Total due over 120 days: $264.4 × 4 = $1,057.6

This calculation is for illustrative purposes only. The final interest rate or fees may be adjusted based on the applicant's credit rating.

Application requirements:
• Be an Ecuadorian resident over 18 years of age.
• Have a stable monthly income or verifiable cash flow.
• Have a valid ID and a receiving bank account.

Contact:
Customer Service Email: [email protected]
Service Hours: Monday to Friday, 9:00 AM - 6:00 PM