YoTePresto: another financial loan opportunity

Sometimes we can find ourselves in a very desperate situation, with pending issues that must be resolved quickly. However, considering the economic situation in most countries, including Mexico, it is not so easy for citizens to save money and prepare for moments like these. It is in moments like this when lending opportunities become interesting to us. Therefore, take a look at a new offer today, this one from YoTePresto, but first, find out a little more about this current provider. See more below.

Firstly, learn about YoTePresto

To start, YoTePresto is a fintech company created in Mexico in mid-2015, which offers loan opportunities with lower rates and a much higher investment return. Over time, its services have become increasingly popular and over the last few years it has managed to attract a huge range of customers and users, bringing, today, a thousand million people in loans using its digital platform and becoming a reference in its country due to this objective.

Through YoTePresto, both applicants and lenders gain from the exchange, as those who need financial assistance have access to the lowest interest rates in the market, while lenders receive greater profitability compared to other banking institutions.

See also: Discover the Mexican bank BBVA and its personal loan opportunities

Is YoTePresto reliable? Discover the pros and cons of this fintech.

If you are wondering if YoTePresto It is to be trusted, in the first place we must bear in mind that whichever entity provides the service, all of them will present pros and cons in their opportunities. YoTePresto is no different. Among its benefits we can see: the possibility of requesting it completely online, which makes it more accessible and convenient; the possibility of making your payments electronically, with check or cash through a branch. However, while we have disadvantages: our employees do not have access to these credit facilities, and if your request is rejected you will have to wait a whole semester to request it again.

Ultimately, what you have to do as a seeker of the best financial opportunity is to analyze your needs and your reality and I want to choose the advantages that most bring you and the “disadvantages” that are most trivial.

Some specific characteristics of this opportunity

So, there's no point talking about the company, its benefits and offers if we don't address its characteristics, right? In this way, to start the conversation, let us highlight that the amount to be approved in your request would range between $10,000 and $375,000, considering a very wide range if we calculated it. However, the application will be approved according to your payment capacity and within the period that we have established, which can be between 6 and 36 months. All your payments will be fixed for the same month, except for one of the initial installments which may vary according to the chosen date. Furthermore, before hiring, you can completely simulate your values and interests about them.

Another fundamental point to consider is also the commissions that must apply to your monthly payments. These values can vary between 8.90% and 38.90%. However, please note that any decision will depend on your history and credit score, considering whether there is any negative record in your name or your CPF number.

Another important factor to pay attention to is protection committees that act as a type of life insurance that can pay off your entire debt if, in the event of death, you cannot do so. In the event that payments for these commissions are delayed, after a period of 3 business days, you will also be charged an additional $250 plus VAT. There are also other commission values, such as for incorrect domiciliation, for example, but in all cases it is possible to verify better poniéndose in contact with the company or consulting the terms and conditions of its loans. Finally, at this opportunity, also analyze the information about advance payments, a principle of fundamental knowledge in any loan.

Find out how to request it.

Before submitting the request, you must take into account the following requirements:

• Have a good credit history, as already mentioned;
• Have a bank account in your name;
• Show your income.

Once these fundamental points have been met, an analysis of 60 variables will be carried out, including credit references, experience, employment seniority, most up-to-date credit lines, among others. Remember to choose an amount that is within your possibilities and don't ask for more of a loan at the same time, this is fundamental. Lastly, by stating it in a clear and objective way, highlight the procedure accessing the official website and comfort by facilitating on the screen all the information you require.