Presta Cash Loan Description:
What a borrower always ask off is the amount he /she can borrow from the bank or the mobile app. And I will take my time and discuss with you about everything you need to know about Presta cash loans in Mexico.
PRESTA CASH LOAN DETAILS :
Loan Amount :
The loan amount presta cash offer starts from $500 (minimum) up to $20,000 (maximum).
The Annual Percentage Rate (APR) of Presta cash is ranging from 5% (Minimum) to 28.00% (Maximum) per annum.
Presta Cash Loan Tenure/ Repayment Period :
The repayment period for a customer starts from 91 days to 180 days. Loan has to be paid within these days to avoid any penalty.
For example, a loan of $50,000 with an annual interest rate (APR) of 24% and a repayment tenure of 12 months has a processing fee of $1,750 + $315 GST (No additional fee) and a monthly EMI of $4,728.
The disbursed amount is $47,935 & the Total interest is $6,736. The total loan repayment amount is $56,736.
Presta Loan Eligibility
There are criterias a borrower should meet to make him/her to qualify for a presta cash loan. And they are as follows
- Presta cash allows 18 years and above to get an instant loan with them.
- You should have a valid bank account
- You should also be a Mexican citizen to make you qualify.
How to apply for Presta cash loans
1.Download the App on the Google Play store
2.Fill in and submit the online application
3. Get the money immediately after the loan is approved
Type of loans presta cash offer.
_ personal loan
– Instant cash loan or small loan
– emergency or medical loan
– educational loan
– Marriage Loan
– mobile loan
– travel loan
– Short-term loan for various needs