Rayocredit

Rayo SAS

About this app

Rayo is a financial app with a presence in several Latin American countries that offers short- and long-term personal loans quickly, securely, and transparently, without unnecessary paperwork.

Our users can access flexible financial options, with complete clarity on costs, terms, and conditions before accepting any loan. We support our community of users, called Rayeros, by providing responsible and accessible solutions when they need them most.

Loan Information

Minimum repayment period: 15, 30, or 45 days

Maximum repayment period: Up to 12 monthly installments (long-term loans only)

Maximum APR: 25.02%

Representative Example

If you request a loan of $1,000 for a term of 30 days, with a daily interest rate of 0.000612, the interest cost is calculated as follows:

($1,000 × 0.000612) × 30 = $18.36

The total amount to be repaid will be $1,018.36, including interest.

There are no hidden costs; all applicable fees and charges are clearly displayed before you confirm the loan.

What’s new

¡Versión de salida de Rayocredit!