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April 16, 2024
Vexty reduces interest rates of the Programa de Loan Program
DATE: 04/15/2020
Once again, with the purpose of bringing the Reason to Exist* closer to the reality of Participants and Assisted Parties, Vexty is promoting an extraordinary and temporary adjustment in the interest rates of the Programa de Empréstimo Consciente.
Requests made as of 3/30/2020 will follow temporarily the new rates as shown in the table below:
| Number of installments | Rate until 3/29 | Rate as of 3/30 |
| Up to 12 installments | 0.94% p.m. | 0.50% p.m. |
| From 13 to 24 installments | 1.07% p.m. | 0.68% p.m. |
| From 25 to 36 installments | 1.20% p.m. | 0.86% p.m. |
| From 37 to 48 installments | 1.33% p.m. | 1.04% p.m. |
This adjustment reinforces Vexty’s objective in supporting the Participants and those Assisted by the Plan in face of some short-term necessity, as can happen in this Covid-19 scenario.
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 webportal(100% online), and the credit is made according to the payment schedule below:
– Applications made from Monday to Wednesday: credit on Fridays
– Applications made from Thursday to Sunday: credit on Tuesdays
For more information on eligibility, check the loan regulation.
It should be noted that it is not possible to renegotiate the rate for existing contracts.
*Oh, if you do not remember, Vexty’s Reason to Exist is:
“Supporting people in their post career planning, dreaming to see them in the future enjoying the benefits of being the agents of their own destiny”
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