Online Loan App Mexico – A Mobile Application for Easy Loan Search

Online Loan App Mexico is a free mobile application designed to help users find loans in Mexico without going through the hassle of searching for lenders. The app is not a lender and does not issue loans, but instead, it connects users with over 25 companies offering loans. Within 15 minutes of submitting an application, the user can receive their first loan offers. The app operates 24/7 and 365 days a year, making it convenient for users to access loans at any time.

The app comes with a material disclosure that outlines the terms and conditions for loans. The minimum repayment period is 91 days, and the maximum repayment period is 365 days. The maximum Annual Percentage Rate (APR) is 20%, and the loan amount ranges from $2000 to $For instance, if a user borrows $4000 for 365 days, the total interest payable will be $800, and the total amount payable will be $4800. The monthly payment will be $400.

To apply for a loan, users need to be citizens of Mexico and have a passport. The minimum age requirement is 18 years old.