At Omo Préstamos, our goal is to offer you fast, transparent and flexible financial solutions, complying with all Google Play regulations and ensuring that you fully understand the terms of our loans. Below are the conditions and representative examples of loan costs.

General Payment Conditions:

1. Minimum and maximum term for loan repayment:
- The minimum period to repay the loan is 90 days, a maximum of 120 days.
- The client can select their preferred payment date within this range when requesting the loan.

2. Flexibility for your payments:
- You can make the full payment at any time within the selected term, without additional penalties.
- If you do not make the payment on the selected date, you have the option of extending the term up to 120 days, adjusting the corresponding interest.

3. Late charges:
- If the client does not make the payment on the agreed date, a late fee of RD$100 will be applied. This charge is in addition to the established interest and will be added to the total amount owed.

4. Calculation of Interest and Total Costs:
- The loan has a fixed interest of 30% on the requested amount.
- Representative example:
- If you request RD$1,000, you must pay a fixed interest of RD$300, for a total of RD$1,300.

Representative Loan Example:
Amount requested: RD$1,000 Fixed interest: 30% (RD$300). Total amount to pay: RD$1,300.
Selected term: 120 days
Total to pay: RD$1,300.
APR (Annual Percentage Rate): 122.11%.

Late charges:
If you do not pay on the selected date and do not extend the deadline, a charge of RD$100 will be added to the total amount owed.

Transparency:
At Omo Préstamos, we believe in mutual trust. That's why we make sure our terms are clear and that you have all the information you need to make responsible financial decisions. Here are some key points:

Clear and simple terms: All costs and interest are specified before accepting the loan.
No hidden costs: Total amounts payable include all applicable interest and fees.
Flexibility: You can pay before the deadline or extend it according to your needs.
Transparent charges: Late charges apply only if you miss the agreed date and are clearly detailed.

Commitment to the User
We are committed to providing you with a fair and transparent lending experience. Select the term that best suits your needs, make advance payments if you wish, and count on our support at all times.