personal finance

personal finance
Understanding Bank Failure Protection: Mexico’s Deposit Insurance Scheme
Introduction to Mexico’s Deposit Insurance Scheme In the event of a bank failure, Mexico’s financial system has a mechanism in...

personal finance
How the Intervention of CIBanco, Intercam, and Vector Affects Your Money
Understanding the CNBV Intervention If you are a client of CIBanco, Intercam, or Vector and are concerned about the future...

personal finance
Profeco Warns of Deceptive Advertising in Telecommunications Services: Here’s What You Need to Know Before Signing Up
Understanding the Issue The Federal Consumer Procurator’s Office (Profeco) has issued an alert regarding the widespread issue of deceptive advertising...

personal finance
How Much Will Families Spend on Graduations This Summer in Mexico?
The Rising Cost of Graduation Celebrations in Mexico As the school year ends in Mexico, so does another academic phase...

personal finance
What Factors Influence the Interest Rate You Pay on Loans?
External Factors Affecting Interest Rates When seeking financial products, whether for consumption, revolving credit, purchasing a car or house, or...

personal finance
Are Mexicans Ready to Avoid Credit Frauds? Tala and Condusef Partner for Financial Education
Credit Scams and the Need for Awareness In today’s digital age, online credit scams have become a daily concern. With...

personal finance
Understanding the Role and Regulations of Debt Collection Agencies
Introduction In an ideal world, everyone would pay their debts on time, acquire financial products within their means, and avoid...

personal finance
Understanding the Pros and Cons of Payroll Portability in Mexico
What is Payroll Portability? Payroll portability, or the ability to receive your salary deposit in your preferred bank account, is...

personal finance
Small Spending for Your Dream Party: Cost-Saving Ideas Without Compromising Elegance
Introduction In Mexico, celebrations are deeply ingrained in our culture. From birthday parties to weddings, graduations, and golden anniversaries, every...

personal finance
How to Transfer Your Retirement Savings (Afore) to Another Administrator
Understanding Your Right to Switch Afores Having a retirement savings account (Afore) is a right for all working individuals, and...