SoulPay

Need a loan? Soul Pay makes it easy.

Soul Pay is a financial solution designed for employees of affiliated companies, allowing you to obtain financing quickly and easily, with payments tailored to your needs through direct payroll deductions.

Plus, you can simulate your payments using our Soul Pay app and clearly see the amount you'll receive in your account once your application is approved.

We'll show you details of your solution along with an example.

Fixed annual interest rate: 60% excluding VAT / 69.6% including VAT

Minimum APR excluding VAT = Minimum CAT: 84.27% excluding VAT

Minimum APR including VAT = Minimum CAT including VAT: 84.27% × 1.16 = 97.75%

Maximum APR excluding VAT = Maximum CAT: 113.97% excluding VAT

Maximum APR including VAT = Maximum CAT including VAT: 113.97% × 1.16 = 132.20%

Disbursement fee: 3% + VAT on the loan amount

Minimum term: 6 bi-weekly payments (3 months)

Maximum term: 24 bi-weekly payments (12 months)

VAT: 16%, applies to the disbursement fee, the interest rate, and the APR (CAT)

Example loan:

Amount: $10,000 MXN

Term: 12 bi-weekly payments (6 months)

Fixed annual interest rate: 60% excluding VAT (on outstanding balances)

Disbursement fee: 3% + VAT = $348 MXN

APR: between 84.27% and 113.97% excluding VAT (between 97.75% and 132.20% including VAT)

This is an example for informational purposes; actual terms will be subject to approval.