2023-09-27 07:37:48
(THE UNIVERSAL).- If you have an Infonavit credit denominated in Times Minimum Salary (VSM), you still have time to convert it to pesos and avoid an increase in the balance of your debt and your monthly payment in 2024.
Remember that, at each start of action, all credits denominated in VSM register an increase linked to the increase in the minimum wage or the Unidad de Medida y Actualizacin (UMA).
However, if before the start of the next year you convert your credit to pesos you can prevent your debt from increasing and you could even obtain a decrease in the interest rate.
Benefits of converting your Minimum Wage Times credit to pesos:
* Monthly payments and fixed balances throughout the term of the loan, without annual increases.
* Certainty so that workers can plan their family finances.
* Fixed interest rate from 1.0% to 10.45%, depending on your income level.
* The payment of the employer contribution is paid directly to the capital of the debt, in case of having an employment relationship.
* Social collection solutions.
* The monthly payment does not change if the payment is made through the employer or directly at the bank window.
How many people have converted their Infonavit credit to pesos?
From 2019 and at the end of August of this year, more than one million 076 thousand people have converted their VSM credit to pesos, which represented discounts on the balance of their financing for more than 79 thousand 222 million pesos.
However, there are still more than 1,600,000 people left to convert their credit and receive the benefits offered by the Shared Responsibility program.
The change can be made from home or office through My Infonavit Account (micuenta.infonavit.org.mx).
The program is permanent and the window opens on the ninth of each month.
To convert your credit to pesos, follow the following steps:
*Enter My Infonavit Account (micuenta.infonavit.org.mx).
*Choose the My Credit tab and then Shared Responsibility.
*Enter the state and zip code of the home.
*Review and compare the different conversion options offered by the program.
*Confirm the procedure and save the Welcome Letter and the Modifying Letter of Financial Conditions, with the amount of the new monthly payment.
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