Infonavit Urges Workers to Convert VSM Credits to Pesos to Avoid Debt Increase

AIDA RAMIREZ

Photo: Cuartoscuro

The Institute of the National Housing Fund for Workers (Infonavit), warned that only two months left for the ones workers con some credit can make the conversion y avoid an increase in debt y the monthly payment that have in Times Minimum Wage (VSM).

He pointed out that it is possible do the conversion of financing in micuenta.infonavit.org.mx starting from the 9th and until the last of each month.

And he remembered that having a Infonavit credit named in Times Minimum Wage (VSM) The total debt increases each year, as it is due to the adjustments recorded by the minimum salary or the levels of inflation.

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However, if the credit remains in VSMbut it is converted to pesos before the end of 2023, the debt can be prevented from increasing the following year and the monthly payments will be frozen.

To carry out the conversion, you must enter My Infonavit Account (mycuenta.infonavit.org.mx); the tab is chosen My Credit and then Shared Responsibility; Enter the state and zip code of the home.

Then, you should review and compare the different conversion options offered by the program. The procedure is confirmed and save the Welcome Letter and the Modifying Letter of Financial Conditionswith the amount of the new monthly payment.

It must be remembered that if you have not yet registered in My Infonavit Account (micuenta.infonavit.org.mx), to register you only need the curp, RFC and Social Security Number (NSS), as well as provide a telephone number and an email (other than your work email).

He Infonavit highlighted that the benefits of converting the VSM credit a pesos is that the monthly payments and fixed balances During the entire term of the credit, there will be no annual increases.

Likewise, there will be certainty so that the family economy can be planned; there will be a fixed interest rate of 1.0% a 10.45%, depending on income level; The payment of the employer contribution is paid directly to the capital of the debt, in case of having an employment relationship.

There are also solutions social collection; The monthly payment does not change if the payment is made through the employer or directly at a bank window.