EconomyFinancialYou lost your job, but you owe Infonavit? This...

You lost your job, but you owe Infonavit? This information interests you

If in these times of crisis you unfortunately lost your job and have an Infonavit loan, you should know that you have two alternatives to help you continue paying for your house.

The Institute of the National Housing Fund for Workers (Infonavit) reported this Wednesday that borrowers can access a protection fund for unemployment payments and an extension for up to 24 months.

The first measure is for those people who, when they are unemployed, do not have sufficient resources and can only pay a part of their monthly credit.

The borrower may use the resources of this fund to complete the entirety of each payment and it is important to take into account that the option is only applicable for credits granted after 2009 and that the benefit can only be requested once every five years.

The second option is for those who already have more than three months without paying their credit, in this case, the person can request an extension for up to 24 months .

Infonavit explained that in this case, when the person recovers his job and can resume payments, the Institute will offer him other benefits, although it does not give details of them.

To have access to the benefits, the borrower must enter the page

From February 2020 to February 2021, Mexico lost 676,589 formal jobs, equivalent to an annual rate of -3.3%, according to reports from the Mexican Institute of Social Security (IMSS).

Infonavit-Fovissste individual credit: What it is, requirements and how to request it

We explain what it is and what you can do with the Infonavit-Fovissste Individual Credit, an option for those who are listed in both institutions simultaneously.

Infonavit compliance opinion: What is it and how to obtain it

This procedure can be carried out through the Infonavit portal with NRP or RFC. We tell you how to do it in both cases.

Unemployment rate rises in August

The population employed in the informal sector was equivalent to 55.5% of the workers in the country.

What is a recession, how long does it last and how does it impact...

Fears that the US and the world will face an economic recession in the coming months raise the alert in Mexico so that it can apply measures to soften the blow.

How to pay your Infonavit credit through the app step by step

Without leaving home, so you can pay your Infonavit credit and check your account statement from your cell phone.