Credcol — Préstamos de nómina

Prolabcol SAS

About this app

Apply anytime, anywhere! Credcol offers users in Colombia online evaluation, transparent costs, and a convenient payment experience: all from your mobile device, without branches, fewer steps, and with progress tracking.

I. Scope of Use
*Users and Region: Targeted to users in Colombia
*Minimum Age: 18 years
*Account Requirements: Valid ID and bank account in your name

II. Application Process
1. Register your account
2. Complete the basic information, ID details, and bank account information (for online risk assessment)
3. Review the assessment results
4. Confirm the loan amount and terms
5. Make payments on time

III. Loan Elements
*Reference Amount: COP 100,000 – COP 3,000,000
*Term: 91 – 365 days
*Daily Interest Rate: 0.01% – 0.06% (i.e., 0.0001 – 0.0006 per day)
*Approximate Annual Equivalent Rate (simple): ≈3.65%–21.9%
*Important Notice: The final amount, term, and rate depend on the evaluation and will be clearly displayed before confirmation.

IV. Representative Cost Examples

Example A (low range)
Principal: COP 500,000
Term: 120 days
Daily Rate: 0.01%
Estimated Interest: 500,000 × 0.0001 × 120 ≈ COP 6,000
Estimated Total to Pay: approx. COP 506,000

Example B (high range)
Principal: COP 1,000,000
Term: 180 days
Daily Rate: 0.06%
Estimated Interest: 1,000,000 × 0.0006 × 180 ≈ COP 108,000
Estimated Total to Pay: approx. COP 1,108,000

V. Security and Compliance
*Data Security: Data minimization, encryption, protection in transit, and access control
*Transparency: Before confirming, you can see the rate, the total to pay, the payment schedule, and key terms
*Privacy Policy: https://www.prolabcolsas.com/privacidadv.html
*Customer Support: [e-mail]

VI. About SMS Permission (Essential Function)
This application offers online loan and credit assessment services. With your explicit consent, we only read finance-related SMS messages (e.g., bank statements and transaction/payment notifications) to assess credit risk and prevent fraud. This is an essential step in the loan approval process and cannot be achieved with less comprehensive permissions. We do not access personal chats, use SMS messages for advertising, or share them with unrelated third parties. Data is filtered and minimized on your device and protected by encryption during transmission and storage. You can revoke this permission at any time in the app settings and request data deletion. See our Privacy Policy for more details.