Personal Loans | Product Review
Prestaflash is an entity with which residents in Mexico can get money, without having to seek an endorsement or wait a long time. The amounts that can be borrowed range from $ 1,000 to $ 5,000 pesos, which will have to be repaid in 14, 21 or 28 days.
At the last minute, you can always count on Prestaflash. This is an exclusive platform for cell phones where you will be answered in a very short time.
You are interested if
|You are urgently in need of money that you know you can pay in a short time. You can use it for anything and do not charge any extra commission, just interest.|
|Short description||Prestaflash is a Mexican company that specializes in lending fast money through its exclusive mobile platform. With it, you can get from $ 1,000 to $ 5,000 pesos, payable at 14, 21 or 28 days.|
|Limits and deadlines||Unlike other lenders in the market, Prestaflash does not set limits on your first loan. From the first time you use the platform you can request the maximum offered, which is $ 5,000 pesos. As for the deadlines, with Prestaflash, you will only have three available: 14, 21 or 28 days.|
|Acceptance times||For what more Prestaflash boasts is because of how fast its service is. The application can be completed in 5 minutes and the answer to your loan will be received once your application has been reviewed.|
|CAT||On the site, the average CAT without VAT is indicated for a loan of 21 days, which is 13862.73%.|
|How to hire it||Online through its platform. To make optimal use of it, it is best to enter a cell phone.|
|Main requirements||The approval of the loan depends on compliance with requirements, such as: having the minimum legal age of 18, being a Mexican resident, having your own e-mail, a bank account in your name and a color photocopy of your voter registration card. or professional license.|
Information about Prestaflash personal loans
The personal loans of Prestaflash are, as it is known in the market, microcredits that allow people to obtain perfect small amounts to solve any financial situation.
In this portal, the requirements are minimal and, although they indicate in their section of frequently asked questions that they elaborate a kind of credit profile of the applicant, they never mention that it is necessary to maintain a healthy credit history or even to have one.
How do they work?
When you enter the Prestaflash portal, you will see that there is an “M” in front of the URL. This means that it is designed for mobile devices. Using it in a cell phone, the whole process becomes more comfortable. In itself, the process only consists of the following steps:
- The amount and term of return is selected (from $ 1,000 to $ 5,000 pesos to be returned in 14, 21 or 28 days).
- The quick and simple form is completed with your personal data.
- The data is verified (identity and your bank account).
- After 15 minutes, Prestaflash will indicate by text message if the request was approved.
- If so, the money will be deposited immediately in the account.
To pay the loan, Prestaflash will send a message on the payment date as a reminder, where the payment methods will also be. In case of not being able to pay on time, a default interest will be incurred, which is 2.3%.
What do I need to obtain a Loan with Prestaflash?
These are the conditions to obtain a successful confirmation of the loan in Prestaflash:
- Be of legal age of at least 18 years.
- Reside in Mexico and have Mexican nationality.
- Have your own email
- Having a bank account of your own, the account must be in your name.
- Photo or color photocopy of your voter card or passport or valid professional card.
It is worth noting that, to verify the identity of the person, Prestaflash requires the person to take and send a selfie, which must match the face in the identification.
The Prestaflash portal is totally focused to make use and carry out procedures over the internet, in fact, the address has an “m” in front, which indicates that it is designed in its entirety for those people who use their cell phone.
In the case of visiting your page through a computer or tablet, you will notice a certain discomfort in the design of the page, with very large texts and in general a format that is only adapted to mobile devices, but not to computers.
That said, the loans they offer, both in terms of amounts and installments, are specific for the short term, since the maximum number of days that can be paid is just 28.
The company: Prestaflash
Prestaflash is the commercial brand of the company AVANI, SAPI.CV, which has been operating in Mexico for the last years. The company was created by the knowledge of how difficult and tedious it can be for individuals to borrow in traditional financial institutions (banks).
Thanks to its innovative application system, Prestaflash guarantees a rapid response to all people. According to its motto: ” Rapidísimo as a ray”, this company offers loans that take a maximum of 30 minutes.
Opinion about this product
Here at Bonsai Finance, we can conclude that this is a platform focused on a young audience with short-term financial needs that have problems obtaining financing with traditional financial institutions. Being more specific, it seems to us that Prestaflash is more suitable for those people who want to take advantage of a limited online offer and do not have the money for it.
However, we want to emphasize that, although it can be a platform with which to take advantage of offers and solve urgent economic problems, because of the cost of the loan, there are other platforms that could offer better conditions than Prestaflash.