Company Information

Get to know promotora de creditos s.a.

Founded in 2012 in Medellín, Colombia, Promotora de Créditos S.A.S. (Procredimos) is a non-bank financial institution focused on originating credit portfolios. The company's primary service is offering "créditos por libranza" (payroll deduction loans), which provides a secure and accessible credit option for individuals. Their mission is to promote financial inclusion and provide opportunities for progress to their clients, aiming to be a leading company in the sector with a significant social impact.

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promotora de creditos s.a.

Uruguay

Founded in

1988 (38 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.