Statements

How do I read a Flex statement differently from a Slice one?

Credicorp Flex and Credicorp Slice work differently, and their statements reflect that. Knowing what to expect from each means neither one surprises you.

Reading a Flex statement

Flex is a revolving facility — you draw, repay and redraw up to a limit. So a Flex statement can show multiple drawdowns and repayments in a period, and the balance moves up and down. Interest is charged on what you’ve actually drawn, and you’ll see your available headroom rebuild as you repay.

Reading a Slice statement

Slice spreads a specific cost over a fixed schedule, so a Slice statement looks steadier — typically a regular repayment each period stepping the balance down toward zero, with the interest fixed up front. There’s no redraw headroom because it’s a one-off amount repaying to a plan.

The common thread

Whichever you hold, the statement reconciles against your Key Information Sheet, and the transaction list plus summary panel tell you the same story: what went out, what came in, and what you owe now.

Your facility is priced with simple interest and the figures fixed up front on your Key Information Sheet, so nothing here changes what you owe by surprise — it only changes how you view, manage or evidence it.

See also: Why statements for Flex and Slice look different, How to read your statement of account, How to view your facility limit and headroom.

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