Payday Loans – Up to $ 250 thousand

How do I apply for a loan online ?

How do I apply for a loan online ?

It is very simple and you have to follow the following steps to access the app :

  1. Sign up here
  2. Fill out your credit application
  3. Receive the money in your bank account

How much money can I request and what term?

You can request from $ 10,000 pesos up to $ 250,000 pesos and return it to 12, 24 and 36 months.

Remember that you can only ask for one credit at a time.

What requirements do they ask me to approve my credit?

The requirements are simple but you must comply with them:

  • Excellent credit history (no late payments)
  • Proof of income (payroll receipts for at least 2 previous immediate months, account statements, employer letters or tax returns).
  • Have a bank account in one of these banks in Mexico 

What interest rates do you handle ?

One of the advantages offered by loans is that the interest rates are personalized and depend on the credit rating of the applicants.

Rates range from 8.9% to 28.9% per year and you can see them in the following tables.

3-year loans

Provider Qualification Annual rate Commission CAT
A1 8.90% 3.50% 11.96%
A2 9.90% 3.50% 13.09%
A3 10.90% 3.50% 14.23%
B1 11.90% 4.00% 15.80%
B2 12.90% 4.00% 16.97%
B3 13.90% 4.00% 18.15%
C1 14.90% 4.50% 19.79%
C2 15.90% 4.50% 20.99%
C3 16.90% 4.50% 22.21%
D1 17.90% 5.00% 23.92%
D2 18.90% 5.00% 25.17%
D3 19.90% 5.00% 26.43%
E1 20.90% 5.00% 27.70%
E2 21.90% 5.00% 28.99%
E3 22.90% 5.00% 30.29%
F1 23.90% 5.00% 31.60%
F1 24.90% 5.00% 32.92%
F1 25.90% 5.00% 34.26%
G1 26.90% 5.00% 35.61%
G2 27.90% 5.00% 36.97%
G3 28.90% 5.00% 38.34%

2-year loans

Provider Qualification Annual rate Commission CAT
A1 8.90% 3.00% 12.63%
A2 9.90% 3.00% 13.76%
A3 10.90% 3.00% 14.91%
B1 11.90% 3.50% 16.67%
B2 12.90% 3.50% 17.84%
B3 13.90% 3.50% 19.03%
C1 14.90% 4.00% 20.86%
C2 15.90% 4.00% 22.08%
C3 16.90% 4.00% 23.31%
D1 17.90% 4.50% 25.22%
D2 18.90% 4.50% 26.48%
D3 19.90% 4.50% 27.75%
E1 20.90% 5.00% 29.75%
E2 21.90% 5.00% 31.05%
E3 22.90% 5.00% 32.37%
F1 23.90% 5.00% 33.70%
F1 24.90% 5.00% 35.04%
F1 25.90% 5.00% 36.39%
G1 26.90% 5.00% 37.76%
G2 27.90% 5.00% 39.14%
G3 28.90% 5.00% 40.53%

One-year loans

Provider Qualification Annual rate Commission CAT
A1 8.90% 3.00% 15.71%
A2 9.90% 3.00% 16.88%
A3 10.90% 3.00% 18.05%
B1 11.90% 3.50% 20.41%
B2 12.90% 3.50% 21.62%
B3 13.90% 3.50% 22.84%
C1 14.90% 4.00% 24.08%
C2 15.90% 4.00% 25.32%
C3 16.90% 4.00% 26.58%
D1 17.90% 4.50% 29.13%
D2 18.90% 4.50% 30.42%
D3 19.90% 4.50% 31.73%
E1 20.90% 5.00% 35.76%
E2 21.90% 5.00% 37.13%
E3 22.90% 5.00% 38.50%
F1 23.90% 5.00% 39.89%
F1 24.90% 5.00% 41.29%
F1 25.90% 5.00% 42.70%
G1 26.90% 5.00% 44.13%
G2 27.90% 5.00% 45.56%
G3 28.90% 5.00% 47.02%

What fees apply?

The commissions depend on the client and the term you choose to return the money. You can see it in the following table:

Qualification / Annual fee Commission Commission Commission
  (3 years) (2 years) (1 year)
A1 / 8.9% 3.50% 3.00% 3.00%
A2 / 9.9% 3.50% 3.00% 3.00%
A3 / 10.9% 3.50% 3.00% 3.00%
B1 / 11.9% 4.00% 3.50% 3.50%
B2 / 12.9% 4.00% 3.50% 3.50%
B3 / 13.9% 4.00% 3.50% 3.50%
C1 / 14.9% 4.50% 4.00% 4.00%
C2 / 15.9% 4.50% 4.00% 4.00%
C3 / 16.9% 4.50% 4.00% 4.00%
D1 / 17.9% 5.00% 4.50% 4.00%
D2 / 18.9% 5.00% 4.50% 4.00%
D3 / 19.9% 5.00% 4.50% 4.00%
E1 / 20.9% 5.00% 5.00% 5.00%
E2 / 21.9% 5.00% 5.00% 5.00%
E3 / 22.9% 5.00% 5.00% 5.00%
F1 / 23.9% 5.00% 5.00% 5.00%
F2 / 24.9% 5.00% 5.00% 5.00%
F3 / 25.9% 5.00% 5.00% 5.00%
G1 / 26.9% 5.00% 5.00% 5.00%
G2 / 27.9% 5.00% 5.00% 5.00%
G3 / 28.9% 5.00% 5.00% 5.00%

There is a commission for a failed payment th will apply in case it tries to collect one of the monthly payments through the bank details of the credit applicant, and that this is rejected.

In that case, will charge a commission of $ 150 pesos + VAT for each failed payment attempt.

will contact the applicant to fix this situation after the first unsuccessful attempt.

What purpose should I give to the loan money requested?

These are personal loans that you can use for debt consolidation, debit payments on your credit cards.

Also payment of tuition, purchase of automobiles, payments of movable or immovable property, investments in your business, vacations, wedding and any destination.

How and where do I make my payments?

How and where do I make my payments?

The credits are paid monthly. There are different alternatives although we recommend the direct debit to your bank account to not delay you.

  • Payment Directing: Your account is charged on the cut-off date at no additional cost per transaction if your account is at participating banks.
  • Electronic Transfer: Make your payment by electronic transfer using the online banking of your account. It does not generate commission.
  • Bank deposits: Make the payment of your monthly payment in cash or check going directly to your nearest bank branch. It does not generate commission.
  • Debit or Credit Card: It is disabled for the moment.

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