The wave of Financial Technology companies that have been created in recent years in Mexico and Latam, have revolutionized the processes and financial tools we knew. For this reason, it is very possible that as a user you ask yourself how reliable and secure the credits are online and the answer depends on the financial institution where you request it.
The number of Saera (Multiple Purpose Financial Companies) that exist so far in the country, constitute 5.6% of the credit market. That’s why Before applying for a credit online, I recommend that you take into account the following points to avoid and detect fraudulent companies.
Validate the reliability of the institution
The institutions that offer online loans are also regulated. Come to the Conseaq or the National Banking and Securities Commission and verify the legality of the company. Sometimes it will not appear with the trade name but with the company name, do not be scared! For example in Konfío you can find us as a Red Friend DAL. Another way in which you can validate the company is knowing the opinion of other clients who requested a loan.
Make sure you have a contact form
Although the procedure is 100% online, it is good that you know the address or telephone number of the institution. If you have questions or modifications about your credit, you can go directly to the company. At Konfío we have advisors who will help you solve all your doubts during the online credit process. In the same way you can investigate if in addition to an email or telephone they have social networks, since nowadays they have become a new channel of direct communication.
Do not make deposits in advance
Asking you for money before credit is approved online is a bad sign, no financial company should ask you for advances. There are usually commissions at the time of requesting a credit, both in the traditional way and online credit. For example, the commission for opening, which covers administrative, management and IT costs necessary to provide a loan.
These tips will help you when applying for secure online credits. Do not be fooled and take some security measures.