On the evening of November 13, Vexty held an event at the Entity’s headquarters in São Paulo to celebrate...
November 19, 2024
New Reduction in Interest Rates for Conscious Loans
DATE: 06/22/2020
In view of the new drop in the Selic Rate, and with the objective of continuing to support Participants and Beneficiaries in this challenging time of crisis in Brazil and the world, Vexty has decided to promote a further adjustment in the interest rates of the Conscious Loan Program.
The percentages, which since March/20 ranged from 0.50% to 1.04% per annum, were further reduced, and the applications made since May/28/2020 were subject, temporarily, to the following rates:
| Number of installments | Rates on 27/05 | Rates from 28/05 onwards |
| Up to 12 installments | 0.50% per annum | 0.34% per annum |
| From 13 to 24 installments | 0.68% per annum | 0.48% per annum |
| From 25 to 36 installments | 0.86% per annum | 0.63% per annum |
| From 37 to 48 installments | 1.04% per annum | 0.78% per annum |
It is important to note that the new rates are only valid for new contracts, and that loan applications can be made at any time, directly on the Vexty portal (100% online), and the credit is made according to the payment schedule below:
– Requests made from Monday to Wednesday: credit on Fridays
– Requests made from Thursday to Sunday: credit on Tuesdays
Important: in case of holidays, there may be changes in the pre-established weekly calendar.
It should be noted that it is not possible to renegotiate the rates for existing contracts.
To learn more about eligibility and to check out all the advantages, go to: https://vexty.com.br/emprestimo/
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