ANSeS Launches New Line of Credit: Up to $400,000 for Registered Workers

“ANSeS waiting room. Soon you will be able to enter the MY ANSeS portal. Please do not close the page. “When your turn comes, you will enter automatically,” reads the legend when one tries to enter the National Social Security Administration page. It is no coincidence, there is a long virtual queue because registration to access the site started at 10 o’clock. the new line of credit of up to $400,000 for registered workers.

Shortly after opening, The virtual queue amounted to more than 80,000 people waiting, By mid-morning there were around 120,000 simultaneous orders. At almost 2 p.m., the user was left on hold with the same legend, but without specifying how many people were ahead of him. No more than 10 minutes later, the user managed to log in to enter their data.

From ANSeS they clarified to Clarín that all this congestion is due to that. “The possibility of requesting the credit opened today at 10 in the morning on our website, That’s why there is a delay,” they clarified from the entity.

In that sense, they added: “There are no spaces, so all applications will be taken”. Another clarification that emerged from the ANSeS is that, unlike other processes, this time “the page did not collapse at any time” and is prepared to “withstand a lot of demand.”

This morning it started the new line of credit of up to $400,000 intended for workers in a dependency relationship. The money can be used for credit card purchases, with reduced interest, and can be returned in 24, 36 and 48 installments.

The credits are intended for contributors to the Argentine Integrated Pension System (SIPA) -workers in a dependency relationship- whose income does not exceed $700,875 (gross).

“The credit is requested via the web, starting today. The application is loaded (the fee can be simulated right there), and once this process is completed, the system will validate that the credit card loaded in the application is linked to a salary account,” they explain from the organization directed by Fernanda Raverta. As specified, this may take a while. between 4 and 5 days.

Once this item is verified, the user will receive a code and with that code the credit taker must appear at any UDAI “without a turn, and in 1 minute” the procedure is completed.

“The code and the DNI are presented, and then the operator validates the identity of the applicant, and the applicant accepts the credit,” they detail. Thus, “In the next few days the requested amount will be deposited on the credit card”, they point out from the ANSeS.

The loans may finance in 24, 36 or 48 installments with an annual TNA of 50% and the amount to be paid in each case will vary according to the money borrowed and the repayment scheme chosen. The first installment will be debited from the salary account starting the third month after the loan is requested.

“It is a credit of up to $400,000 and about 4 million people can access it. The loan amount will be credited to the credit card, which will allow many to get out of debt or even buy an appliance,” said Raverta.

As an example, he explained that, “in the case of loans for $400,000, a fee of $19,000 per month will be paid, which represents a rate of 50%,” and recalled that “the final procedure will be carried out in the ANSeS offices, with a code that delivers the page and is personally validated.”