• TRM (USD/COP)COP 3,297.07 +0.83% +COP 27.19Colombia's official exchange rate (Financial Superintendence), valid Nov 11 to Nov 12
  • EuroCOP 3,668.67 +0.05% +COP 1.82Reference: TRM crossed with the European Central Bank rate of Nov 11; not the market quote
  • Mexican pesoCOP 176.70 +0.26% +COP 0.46Reference: TRM crossed with the European Central Bank rate of Nov 11; not the market quote

Financing a purchase in 12 or 24 installments: what each option really costs

FinanceColombiaEnter.co20 s readAI summary

An Enter.co article warns that when financing a purchase at a store, the monthly installment is the figure being promoted, but the total cost is the one that matters. With the rates in force in Colombia in November 2026, the difference between choosing well and choosing quickly can exceed 100,000 pesos on a single mid-sized purchase, according to the text.

Read the full story at Enter.co

IASummary generated by artificial intelligence from a story by Enter.co. It may contain errors: the original source prevails.

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