Banco Nación launches loan to unify debts with terms up to 10 years

Banco Nación announced a new personal loan line to consolidate debts into a single monthly payment. The measure aims to prevent default and protect clients' credit histories.

The bank presented the product aimed at clients with overdue installments and credit ratings of 1 or 2. It will allow financing up to 100% of the consolidated debt, with a cap of 100 million pesos.

The loan will be implemented under the UVA modality with terms of up to 120 months and an option for CER-CVS coverage. The rate will be 10% annual plus UVA adjustment, or one additional point for those choosing salary coverage.

Funds will be allocated directly to cancel the obligations. The operation will be available from Thursday, June 25 at branches, the website and the telephone service center, but only for clients who receive their salary at the bank.

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