Earn up to 1% cashback with Notes for GoCredit

According to the CEO of GoCredit, Federico Diaz, the company achieved a record-high net profit for the first half of 2022, almost €1.2 million (66% of all net profit in 2021 and +25% YoY). To share these great results with investors on Mintos, the company has launched a new cashback campaign. For a limited time, you can earn a cashback of up to 1% on investments in Notes for GoCredit.

You can earn a cashback of:

  • 0.5% for Notes with remaining term up to 12 months 0 days
  • 1% for Notes with remaining term of 12 months 1 day and longer

This offer is valid from 22 August to 4 September 2022.

To qualify for the cashback bonus, you’ll need to enroll in the campaign and invest a minimum of €50 (cumulative) into Notes for GoCredit.

There’s almost € 2.4 million worth of qualifying Notes available on Mintos with interest rates of mostly 11-16%.1

Only investments made on the Mintos Primary Market via manual investments or custom automated strategies qualify. Investments made before enrolling or made via Diversified, Conservative, or High-yield strategies are not eligible. The cashback will be credited to your Mintos account within 7 business days after making the investment. See full terms

Notes for GoCredit are listed on Mintos in EUR. The original currency in which the underlying loans were issued is MXN. GoCredit has full currency hedging in place.

At the time of the cashback launch, 66% of outstanding investments in GoCredit loans (via Notes and claims) on Mintos are current. The company has no payments that have been pending longer than the normal settlement period of 8 days. For changes in the pending payments status, see Loan statistics

About GoCredit

GoCredit is a Mexican lending company, founded in 2011. The company issues direct debit and payroll loans, both of which will be listed as personal loans on Mintos. Direct debit loans are personal loans that are automatically deducted once the borrowers receive a salary or pension in their bank accounts. Payroll loans are deducted by the employer (i.e. government agency) before the borrowers receive their net income effectively removing the risk of the borrower’s willingness to pay. GoCredit sees a tremendous growth opportunity as there are around 9 million government employees and pensioners who may qualify for payroll loans.

1 As of 22 August


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