The Institute of the National Housing Fund for Workers reported that the increase of 15% to the minimum wage approved by the National Commission of Minimum Wages (Conasami) for 2021, will not affect the monthly payment of current credits before Infonavit in Times Minimum Wage (VMS).

The Institute highlighted that since 2016, in order to reduce the impact of the salary increase on the balance of the VSM loans, it has adjusted the monthly payment of the borrowers, as well as the balance of said financings according to the lower of the increases between the Salary Minimum and the Unit of Measurement and Update (UMA).

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