Cofine Wallet 1.0.0

Loan Product Overview:

• This particular loan product offers a streamlined application process without the need for physical queues or collateral. All verification procedures are efficiently conducted online, with disbursements made within 5 minutes.
• Data Protection: "Cofine Wallet" ensures 100% security of your information round the clock, thereby upholding the utmost levels of privacy and data security.
• Target Audience: This loan product is exclusively accessible to individuals aged 18 years and above.

Credit Product Details:

• Credit Limit Options: Choose from loan products with credit limits ranging from 999 to 50,000 pesos.
• Annual Percentage Rate (APR): Maximum capped at 30%.
• Loan Term: Spanning between 91 to 180 days.
• Loan Interest Calculation Formula: Interest = (loan amount x loan interest rate / 365 days) x loan period (days).

Loan Illustration:

• For instance, selecting a loan amount of 10,000 pesos with a term of 120 days and an annual interest rate of 30%:
• • Calculation of Amount Owed:
  • 10,000 x 0.08% = 8 pesos/day
  • 8 x 30 = 240 pesos/month
  • Total interest accrued over the 120-day period = 240 x 4 = 960 pesos
  • Monthly repayment amount = (10,000 / 4) + 240 = 2,740 pesos
  • Upon the maturity of the loan at the end of the specified term, the total payable amount (principal + interest) will be 10,960 pesos.

Contact Information:

• Email: [email protected]
• Telephone: +52 8184583440
• Address: Vicente Ferrara 138, Colonia Obispado, C.P. 64060, Monterrey, Nuevo León
• Website: Cofine Wallet Website