{"id":3042,"date":"2024-06-13T12:03:47","date_gmt":"2024-06-13T15:03:47","guid":{"rendered":"https:\/\/bluerabbitech.com\/?p=3042"},"modified":"2025-06-13T12:06:13","modified_gmt":"2025-06-13T15:06:13","slug":"3042-2","status":"publish","type":"post","link":"https:\/\/bluerabbitech.com\/en\/3042-2\/","title":{"rendered":"How to Check the Amount You Can Request in a Libranza Loan"},"content":{"rendered":"

Have you ever thought about hiring a Libranza Credit<\/strong> Looking to organize your finances, but don't know how much you can apply for? If you're a formal worker, retiree, or member of a cooperative in Colombia, this credit option may be one of the most accessible and advantageous on the market.<\/p>\n

With automatic deductions from payroll or pension<\/strong>, Cr\u00e9dito Libranza guarantees competitive interest rates and a safer process\u2014both for the bank and the borrower. But before taking the first step, it's essential to know: What is the amount you can actually request?<\/strong><\/p>\n

In this article, you will learn how to check your available value<\/strong>, how the Libranza Credit rules work, and what tips to follow to make a smart financial choice. Let's go!<\/p>\n

What is a Libranza Credit and Why is it So Popular?<\/strong><\/h2>\n

O Libranza Credit<\/strong> is a type of personal loan<\/strong> regulated by Law 1527 of 2012. Its main characteristic is that installments are deducted directly from salary, pension or other recurring income<\/strong>.<\/p>\n

\u2705 Main advantages<\/strong>:<\/p>\n

    \n
  • \n

    Lower interest rates<\/strong> than in common personal loans;<\/p>\n<\/li>\n

  • \n

    Does not require a guarantor<\/strong> or additional guarantee;<\/p>\n<\/li>\n

  • \n

    Automatic payments<\/strong>, avoiding delays and defaults;<\/p>\n<\/li>\n

  • \n

    Flexible conditions<\/strong> of term and value.<\/p>\n<\/li>\n<\/ul>\n

    \ud83d\udccc Who can apply?<\/strong><\/p>\n

      \n
    • \n

      Formal workers (public and private sectors);<\/p>\n<\/li>\n

    • \n

      Retired by Colpensions<\/strong> or private funds;<\/p>\n<\/li>\n

    • \n

      Members of cooperatives<\/strong>, employee funds<\/strong> It is family compensation funds<\/strong>.<\/p>\n<\/li>\n<\/ul>\n

      \n

      What is the Available Amount for Libranza Credit?<\/strong><\/h2>\n

      When we talk about \u201cavailable value<\/strong>\u201c, we refer to the maximum amount a financial institution allows you to request<\/strong> at a given time, according to your profile and the institution's rules.<\/p>\n

      \ud83d\udd0d Factors that influence this value<\/strong>:<\/p>\n

        \n
      • \n

        Your net salary<\/strong> or pension value;<\/p>\n<\/li>\n

      • \n

        Current income commitment (percentage already used in other credits);<\/p>\n<\/li>\n

      • \n

        Existence of active loans<\/strong>;<\/p>\n<\/li>\n

      • \n

        Your ability to pay<\/strong> monthly according to legislation;<\/p>\n<\/li>\n

      • \n

        Rules of the financial institution (bank, cooperative or fund).<\/p>\n<\/li>\n<\/ul>\n

        Know your available value<\/strong> before hiring is a strategic step that helps you avoid financial pitfalls.<\/p>\n

        \n

        How to Check the Amount You Can Request<\/strong><\/h2>\n

        1. Direct Consultation at the Bank or Cooperative<\/strong><\/h3>\n

        The most reliable way is to contact your credit institution directly. Use:<\/p>\n

          \n
        • \n

          Official website<\/strong> (credit simulator);<\/p>\n<\/li>\n

        • \n

          Mobile app<\/strong>;<\/p>\n<\/li>\n

        • \n

          Telephone service<\/strong>;<\/p>\n<\/li>\n

        • \n

          WhatsApp or online chat<\/strong>;<\/p>\n<\/li>\n

        • \n

          Physical agencies<\/strong>.<\/p>\n<\/li>\n<\/ul>\n

          Main institutions with Cr\u00e9dito Libranza<\/strong>:<\/p>\n

            \n
          • \n

            Bancolombia<\/strong><\/p>\n<\/li>\n

          • \n

            Davivienda<\/strong><\/p>\n<\/li>\n

          • \n

            Bank of Bogot\u00e1<\/strong><\/p>\n<\/li>\n

          • \n

            People's Bank<\/strong><\/p>\n<\/li>\n

          • \n

            Social Cashier<\/strong><\/p>\n<\/li>\n

          • \n

            BBVA Colombia<\/strong><\/p>\n<\/li>\n

          • \n

            Cooperatives<\/strong> as Coomeva<\/strong>, Fincommerce<\/strong>, Credifinanciera<\/strong>, among others.<\/p>\n<\/li>\n<\/ul>\n

            2. Consult your company's HR department<\/strong><\/h3>\n

            If you are a formal worker, consult the Human Talents Department<\/strong> to know:<\/p>\n

              \n
            • \n

              Which banks and cooperatives have an agreement with your company;<\/p>\n<\/li>\n

            • \n

              Maximum percentage allowed for discount;<\/p>\n<\/li>\n

            • \n

              Special conditions negotiated by the company.<\/p>\n<\/li>\n<\/ul>\n

              3. Consultation with the Pension Fund<\/strong><\/h3>\n

              Retirees can directly consult their pension funds:<\/p>\n

                \n
              • \n

                Colpensions<\/strong><\/p>\n<\/li>\n

              • \n

                Protection<\/strong><\/p>\n<\/li>\n

              • \n

                Future<\/strong><\/p>\n<\/li>\n

              • \n

                Skandia<\/strong><\/p>\n<\/li>\n

              • \n

                Old Mutual<\/strong><\/p>\n<\/li>\n<\/ul>\n

                The funds inform discount percentage allowed<\/strong> and partner entities.<\/p>\n

                4. Online Credit Simulators<\/strong><\/h3>\n

                Specialized websites and credit comparators<\/strong> can help you get an estimate, even if it's not yet a binding proposal. Use this to compare options.<\/p>\n

                \n

                How Much Can You Apply For in Practice?<\/strong><\/h2>\n

                \ud83d\udd38 Most institutions allow you to commit up to 30% to 50% of your net income<\/strong> with the installment of the Libranza Credit.<\/p>\n

                \ud83d\udd38 The deadline usually varies between 12 to 84 months<\/strong>.<\/p>\n

                Example<\/strong>: if you win $2,500,000 net Colombian pesos\/month<\/strong> and the institution allows to commit up to 30%<\/strong>, you could pay an installment of up to $750,000 pesos<\/strong>. The total amount released depends on the chosen term.<\/p>\n

                \n

                Can I Request a New Loan If I Already Have an Active Libranza?<\/strong><\/h2>\n

                Yes! Many institutions allow it. renew<\/strong> the credit, provided you have paid off a significant portion of the previous loan.<\/p>\n

                \ud83d\udc49 In this case:<\/p>\n

                  \n
                • \n

                  O outstanding balance<\/strong> of the old loan will be paid off with part of the new credit.<\/p>\n<\/li>\n

                • \n

                  You will only receive the additional amount released.<\/p>\n<\/li>\n

                • \n

                  The conditions of the new operation will depend on your current payment capacity<\/strong>.<\/p>\n<\/li>\n<\/ul>\n

                  \n

                  Essential Tips Before Taking Out a Libranza Loan<\/strong><\/h2>\n

                  \u2705 Simulate credit<\/strong> before signing any contract.<\/p>\n

                  \u2705 Don't commit more than 30% of your salary\/pension<\/strong>, whenever possible.<\/p>\n

                  \u2705 Avoid taking out credit for unnecessary expenses.<\/p>\n

                  \u2705 Read the entire contract<\/strong>, especially the fee and deadline clauses.<\/p>\n

                  \u2705 Compare offers between banks and cooperatives.<\/p>\n

                  \n

                  Conclusion<\/strong><\/h2>\n

                  Check the amount you can request in a Libranza Credit<\/strong> is a fundamental step towards responsible financial planning. With online simulators<\/strong>, queries with the company's HR department or directly with your bank or cooperative, you can have a complete overview of your credit profile.<\/p>\n

                  Remember: Cr\u00e9dito Libranza is a powerful tool, but it must be used wisely. By knowing how much you can request<\/strong> and the conditions offered, you avoid surprises and make decisions that benefit your financial well-being in the long term.<\/p>\n

                  \u2728 Now it's up to you!<\/strong> Consult your bank, compare offers, and organize your finances safely and strategically.<\/p>","protected":false},"excerpt":{"rendered":"

                  Have you ever considered taking out a Libranza loan to organize your finances, but aren't sure how much you can apply for? Whether you're a formal worker, retired\u2026<\/p>","protected":false},"author":1,"featured_media":3045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1466,1469,1426,1464,1418,1465,1396,1468,1442,1467],"class_list":["post-3042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-informacoes","tag-aposentadoscolombia","tag-bancocolombia","tag-colombia","tag-creditolibranza","tag-dicasfinanceiras","tag-emprestimoconsignado","tag-financaspessoais","tag-financiamentoseguro","tag-planejamentofinanceiro","tag-rhcolombia"],"_links":{"self":[{"href":"https:\/\/bluerabbitech.com\/en\/wp-json\/wp\/v2\/posts\/3042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bluerabbitech.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bluerabbitech.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bluerabbitech.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bluerabbitech.com\/en\/wp-json\/wp\/v2\/comments?post=3042"}],"version-history":[{"count":4,"href":"https:\/\/bluerabbitech.com\/en\/wp-json\/wp\/v2\/posts\/3042\/revisions"}],"predecessor-version":[{"id":3047,"href":"https:\/\/bluerabbitech.com\/en\/wp-json\/wp\/v2\/posts\/3042\/revisions\/3047"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bluerabbitech.com\/en\/wp-json\/wp\/v2\/media\/3045"}],"wp:attachment":[{"href":"https:\/\/bluerabbitech.com\/en\/wp-json\/wp\/v2\/media?parent=3042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bluerabbitech.com\/en\/wp-json\/wp\/v2\/categories?post=3042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bluerabbitech.com\/en\/wp-json\/wp\/v2\/tags?post=3042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}