Free photos of Security Beware of these warning signs Finance experts recommend keeping an eye out for certain red flags that can help identify a debt collector. We share them below: They offer unreal amounts , which do not correspond to your ability to pay They do not ask for requirements. Sometimes not even the minimum related to identity and address. They are the ones who get in touch and are insistent when it comes to offering the supposed loan.
They guarantee interest rates below the average costs that are handled in the market. They request information, including access to your bank account executive email list before approving the credit. They ask for advance deposits or previous payments for alleged credit opening or account management commissions. They are not in the Financial Services Providers Registration System (SIPRES). Keys to know if a loan is reliable According to the Commission for the Defense of Users of Financial Services (Condusef), a first element to identify a reliable company is to verify its proper registration in the Bureau of Financial Entities which is a directory of companies supervised by the authorities.
In this public access platform, it is possible to search for the financial company by its trade name, including reviewing detailed information on the cost and conditions of its products or services, in addition to reviewing its history of complaints filed by users, in case of having them. In addition to this record, take note of the following characteristics: They do offer reliable online loans without bureau , but for minimum amounts, based on increasing according to customer compliance. They offer loans according to your ability to pay They do ask for minimum requirements, but for microcredits (maximum 12,000 pesos) They publish detailed information about the loan on their website They offer public information about the means of contact They have a Privacy Notice where they inform about the responsible use of personal data and the corresponding revocation rights.