KWATAKI - Crédito Consignado

About:

KWATAKI – Fast and transparent payroll loan!

With KWATAKI you can apply for your payroll loan securely, quickly and transparently.

The app is available for public employees, pensioners and employees of companies that have an agreement with KWATAKI.

Download now and get access to:

Loan simulator to easily calculate amounts and terms.

Competitive interest rates, adapted to your needs.

100% online loan application, without having to go to branches.

Fast and secure process, with simplified approval.

Real-time tracking of your application status.

Total transparency, with clear information on installments and costs.

KAWATAKI is the digital solution that brings more convenience and practicality to your daily financial life.

Terms and Rates

Minimum repayment term

3 months

Maximum repayment term

24 months

Maximum annual rate

19.5%

Example:

If a client requests AKZ 1,000,000 with a term of 24 months, the monthly payment (EMI) will be AKZ 49,899, with an approximate Annual Percentage Rate (APR) of 19.50%.

Loan Amount (Principal): AKZ 1,000,000
Term: 24 months
Annual Effective Rate (AER): 19.50%
Monthly Payment (EMI): AKZ 49,899

Total Interest Payable: AKZ 197,570

Total Cost of Credit

Total Paid in Installments:

49,899 × 24 = AKZ 1,197,570

Total Cost of Credit:
Total Cost = Total Installments Paid
Total Cost = AKZ 1,197,570

Final Amount Payable by the Client: AKZ 1,197,570