The platform is changing the rules in your favor by increasing loan limits at the beginning of 2025. To help you achieve all your goals, Credmex is raising the credit limit to 50,000 pesos, a 66% increase from the previous limit of 30,000 pesos. Credmex is one of the leading platforms for digital personal loans, having helped millions of Mexicans achieve their dreams or handle emergencies. According to data from the National Financial Inclusion Survey (ENIF 2022), 67% of the population does not have access to formal credit, and Credmex is changing that reality. Credmex is democratizing access to credit opportunities. Not only does it provide loans to more people, helping them overcome financial difficulties, but it also contributes to financial inclusion in Mexico. Additionally, through our platforms, you can find financial tips to better manage your personal finances and make the most of the funds obtained through credit. Thanks to its flexibility in payment agreements and easy loan application process, Credmex is the top choice for millions of Mexicans. Users only need to register with a mobile number, and within just 5 minutes of applying, they can receive their deposit. Moreover, Credmex’s credit products are regulated by the National Commission for the Protection and Defense of Financial Services Users (Condusef) and are granted through a big data risk assessment model, ensuring they are completely reliable and legal. This makes Credmex a secure option in the market. How Can You Increase Your Credit Limit? The credit limit increase benefits all users who maintain a history of ontime payments on the platform, making them ideal candidates for larger loan amounts based on their risk level and established credit history. Use Credit Responsibly and Reach Your Goals! Remember, a responsibly managed loan can be a powerful tool for overcoming financial challenges or achieving your goals, especially at the beginning of the year. It’s crucial to handle credit wisely, understanding the terms, interest rates, and repayment periods. Ontime payments = Higher Credit Limit If you maintain a good repayment record, your personal credit limit could now reach up to 50,000 pesos!

The consequences of not paying your microloans can be longterm, as your credit score may be impacted. All actions have consequences and finances are no exception. If you apply for a personal loan and pay on time, you will surely build a healthy and solid credit history that will allow you to access a larger line of credit or other loans such as an auto or mortgage loan. But what happens if I stop paying my personal loans? Surely you have listened to supposed financial gurus who, through social networks, talk about different fintech or digital microloan platforms, and assure that nothing happens if you stop paying your credits. However, the worst thing you can do is to follow their advice without being aware of what really happens when you stop paying a credit, either bank or through digital platforms. Failing to pay your personal loans in Mexico can have several negative consequences ranging from an affectation of your credit bureau to legal actions, in some cases. It is essential to take your financial obligations seriously and seek solutions before the situation gets out of control. Remember that open communication with your lender and seeking professional advice can help you find a viable solution. Among the most common consequences of defaulting on a personal loan are: 1. Affecting your credit reputation: If you fail to pay your loans on time, this will be reported to the credit bureau, which will negatively affect your credit history and lower your score. 2. Default interest: Lenders will start charging additional interest for as long as the debt remains unpaid, which could result in an unpayable snowball in the long run. 3. Legal implications: The lender may initiate a legal process to recover the money owed, which means, for example, a lawsuit and, in extreme cases, a seizure of assets, so plan your finances well or approach your lender to design a payment plan, in case you are in danger of late payments due to some situation beyond your reach. 4. Difficulty in obtaining future credit: With a damaged credit history, it will be more difficult to obtain new credit in the future. 5. Financial stress: Unpaid debt can generate great emotional stress and affect your general wellbeing and even affect your health. Among the main reasons for nonpayment of a personal loan in Mexico are: income level, job stability and credit history. Fortunately, in recent years, there has been a downward trend in personal loan delinquency in Mexico. This may be due to greater consumer financial awareness, better risk assessment practices by financial institutions and greater economic stability. If you are facing difficulties in repaying your loans, it is important to seek solutions before you default, and not take harmful advice from people who are not financial specialists. You can negotiate with your lender or consolidate your debts, that is, if you have multiple debts, you can consolidate them into a single loan with a lower interest rate. At Credmex we are here to support you: do not hesitate to contact us in case you need advice on payment arrangements.

Credmex has helped millions of Mexicans to get out of their financial difficulties, however, given the rise of fraudulent apps, it is necessary to back up our legality before users. Within the universe of digital loan apps in Mexico, Credmex is a platform that offers online loans ranging from 1,000 to 30,000 pesos without collateral or guarantee, with competitive rates and flexible terms. The company deposits the loan in less than 24 hours to the bank account you have previously registered. The amount of the loan that Credmex authorizes will depend on your profile and payment capacity, and the repayment terms will be based on the credit they approve. You can even have more than one active loan, as long as you have a good credit history. Credmex offers online credit in a convenient and efficient way, its advantage is that you can choose to pay in multiple smaller installments instead of having to make a single large payment at one time. Choosing Credmex credit is a safe option, because it cares about offering terms and conditions that are right for you and responds to your financial needs. And, above all, this microcredit app is backed by official bodies in Mexico, which avoids the risk of falling into scams or with companies of dubious reputation. In the midst of the boom of fraudulent online microcredit applications, it is necessary to point out that Credmex is legal and regulated by the National Commission for the Protection and Defense of Users of Financial Services (Condusef), the agency that oversees the activities of granting credit, leasing or financial factoring. Credmex has helped millions of Mexicans to get out of financial difficulties and has done so legally, as the app is registered in the Sipres of Condusef, which indicates that it operates legally in Mexico as a context, the Sipres is a public registry established by the Law for the Protection and Defense of Users of Financial Services in Mexico. Its objective is to provide complete and accessible information on financial service providers. This means that, in case you have any inconvenience with Credmex, you can rest assured that you will have the support of the Condusef. Credmex has been chosen by millions of Mexicans because it is legal and reliable. That has allowed it to have an average rating of 4.8 out of 5 in the Google Play Store, which translates into more than 95% of users giving it a fivestar rating.