"12 installments,
no interest"
— but at what price?
An educational program that explains the real math behind Argentina's installment plans. Three sessions to understand what you're actually paying — before and after you sign.
We do not sell financial services or represent any bank or institution.
Why "no interest" rarely means free
In Argentina, installment promotions are everywhere — but the full picture rarely appears on the price tag. This program gives you the tools to read between the lines.
The Price Gap You Didn't Notice
The cash price and the financed price are almost never the same. We explain why merchants and banks price differently — and how to calculate the real difference yourself using the Total Financial Cost (CFT) formula.
Nominal vs. Effective Rate
A 36% nominal annual rate and a 42% effective annual rate can describe the same plan. Understanding the difference prevents costly surprises.
Comparing Plans Across Banks
Not all 12-installment plans are equal. We teach a simple framework to compare offers from different banks side by side.
What Happens When You Fall Behind
Late payments on installment plans can trigger punitive interest and fees. We explain the mechanics clearly so you know what you're agreeing to.
Early Cancellation
Paying off early sounds smart — but does it always save money? We walk through the math of early cancellation across common plan types.
Three focused sessions
Each session builds on the previous one. You can attend all three or start with the topic most relevant to your situation.
Reading the Real Price
Cash price, financed price, and the CFT — how to decode any installment offer and understand what you're truly paying for a product.
Rates, Plans & Comparisons
Nominal annual rate, effective annual rate, monthly rate — and how to compare plans from Banco Nación, BBVA, Santander or any other institution on equal footing.
Delays & Early Payoff
What actually happens when a payment is late? What does early cancellation cost or save? This session covers the scenarios most consumers don't read about in advance.
The concepts that matter most
No financial background required. We explain each concept from first principles, using examples drawn from everyday purchases in Argentina.
Total Financial Cost (CFT)
The CFT is the single number that captures everything — rate, fees, charges — in one comparable figure. We teach you how to find it and use it.
Financed vs. Cash Price
Merchants often set the installment price higher than the cash price. We show you how to calculate the real markup and decide if it's worth it.
TNA vs. TEA
Nominal Annual Rate and Effective Annual Rate tell very different stories about the same loan. Understanding the conversion is key to accurate comparisons.
Cross-Bank Comparison
Different banks structure the same number of installments differently. We provide a clear methodology to compare any two offers on a level playing field.
Education, not advice
Polmadi is a consumer education initiative. Our goal is to explain financial mechanics clearly and accessibly — not to recommend products, banks, or decisions.
We do not represent any financial institution, bank, credit card company, or government agency. All content is informational and designed to help consumers understand publicly available financial information.
Who this is for
Anyone who uses installment plans in Argentina — whether buying appliances, electronics, clothing, or anything else — and wants to understand what they're actually agreeing to.
Learn how we startReach us directly
Questions about the program, scheduling, or content? We're happy to respond.