Credismart review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Credismart lends directly in Guatemala, and it suits borrowers with good credit who need money the same day rather than the cheapest rate. Borrowing runs GTQ 1,000 to GTQ 25,000 over terms of 6 to 36, and the annual percentage rate is high, so the pick is about speed.

Key facts

Best for
Same-day personal and payday lending in Guatemala for borrowers with good credit.
APR
67.2% to 106% (Source, checked September 26, 2026)
Loan amount
GTQ 1,000 to GTQ 25,000 (Source, checked September 26, 2026)
Term
6 to 36 months (Source, checked September 26, 2026)
Arrangement fee
10% of approved amount as administrative disbursexpense commission (terms page states a 5.95% one-off disbursement charge) (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
Answer in minutes, money the same day (Source, checked September 26, 2026)
Representative example
Loan of Q1,200 over 12 months: monthly payment Q144.39, total payment Q2,126 (Source, checked September 26, 2026)
Rate type
Variable (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
18 or older, physically in Guatemala, valid physical DPI, recent utility bill, bank statements in own name, active bank account (Source, checked September 26, 2026)
Origination fee (%)
10% (Source, checked September 26, 2026)
Loan types
Personal, Payday (Source, checked September 26, 2026)
Credit needed
Good (Source, checked September 26, 2026)
Legal entity
Servicios e Inversiones Populares, S.A. (BOWPI) (Source, checked September 26, 2026)
Headquarters
Guatemala (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)
Features
Same-day funding
Official website
credismart.com.gt

Apps and profiles

Get the app
Google Play
Elsewhere
facebook.cominstagram.com

Pros and cons

Pros

  • Speed on both sides: Answer in minutes, money the same day.
  • Free early repayment, so a loan can be cleared ahead of schedule at no extra charge.
  • Support runs on email, chat and phone, covering phone, chat, email and the help centre.
  • A direct lender handling personal and payday lending, so you deal with one party from application to repayment.

Cons

  • The arrangement fee adds 10% of the approved amount, and the terms page describes a separate, smaller one-off disbursement charge.
  • Pricing is variable, so what you pay can move while the loan runs.
  • The check is hard and the target is good credit, which narrows who gets accepted.
Credismart

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Scored 9.0 / 10 by BorrowCue.

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Who it suits

  • Guatemalan adults with good credit who need cash the same day.
  • Borrowers who can show a physical DPI, a recent utility bill, bank statements in their own name and an active bank account.
  • People who want to finish early, since free early repayment carries no extra charge.

Who should look elsewhere

  • Cost-led borrowers: Monzo Flex runs at 10% to 23% and Cashspace at PHP 12 to PHP 36.
  • Anyone wanting a longer schedule than 6 to 36 or a fixed rate, since pricing is variable.
  • Applicants who fall short of the eligibility list, which requires documents in their own name and an active account.

How Credismart compares

Where Credismart is available

Available
Guatemala

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to borrow from Credismart?+

Rates sit at 67.2% to 106%, and an origination fee of 10% of the approved amount is added as an administrative disbursement expense commission. The terms page also describes a separate, smaller one-off disbursement charge. The representative example on a small loan shows a total payment well above the amount borrowed, so the cost is high either way.

Does Credismart run a credit check?+

The credit check is hard, and the lender looks for good credit. A full search touches your record, so this suits people with a steady history rather than those rebuilding after difficulties. Worth checking the document list before you apply.

How quickly can I get money from Credismart?+

Answer in minutes, money the same day, and same-day funding is also listed as a feature, with the loan arranged through the app. That makes it a fit for an emergency, since you are paying for speed rather than a low rate.

Can I repay a Credismart loan early?+

Free early repayment is available, so you can settle a personal or payday loan ahead of schedule without an extra charge. Combined with 6 to 36 of available terms, it gives room to clear the balance sooner if your income improves.

Who can apply for a Credismart loan?+

Applicants must be adults living in Guatemala with a valid physical DPI, a recent utility bill, bank statements in their own name and an active bank account. The account has to be yours, so joint or shared statements will not do. Borrowing runs GTQ 1,000 to GTQ 25,000.

Is the Credismart interest rate fixed?+

Pricing is variable rather than fixed, so what you pay can move. Loans run over 6 to 36, and the amount available is GTQ 1,000 to GTQ 25,000. A longer term spreads the payments but keeps the total cost high.

How do I reach Credismart for help?+

Help runs on email, chat and phone, so you can reach the lender by phone, chat, email or the help centre. That matters with this kind of loan, where a question about a repayment date or an early payoff is easier to settle with a person than in a form.

Who is actually lending the money?+

The lender is Servicios e Inversiones Populares, S.A. (BOWPI), a direct lender operating from Guatemala. It offers personal and payday lending, so one application covers a personal loan or a payday loan, and you deal with the same party throughout.

Sources

  • play.google.com/store/apps/details checked September 26, 2026

    Backs: APR, Free early repayment, Funding time, Arrangement fee, Origination fee (%), Rate type, Representative example

    “APR (Maximum annual interest rate, which includes interest rate and all annual costs): from 67.2% to 106% including administrative expenses.”

  • credismart.com.gt checked September 26, 2026

    Backs: Loan amount, Credit needed, Features, Headquarters, Support channels, Term

    “3a Avenida, 13-78, 5to. Nivel, Plaza Intercontinental, Ciudad de Guatemala, Guatemala”

  • credismart.com.gt/terminosycondiciones.html checked September 26, 2026

    Backs: Credit check, Eligibility, Legal entity, Lender type, Loan types

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Credismart

Credismart

Same-day personal and payday lending in Guatemala for borrowers with good credit.

9.0/10See alternatives

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