Updated September 28, 2026 · BorrowCue Editorial Team
Finmercado vs Solcredito MX
Finmercado vs Solcredito MX: the differences
| Compare |  Finmercado |  Solcredito MX |
|---|---|---|
| APR | from 677.47% | 9.5% to 3,696%Lower |
| Loan amount | MX$500 to MX$200,000Higher | up to MX$100,000 |
| Term | 2 to 12 months | 3 to 48 monthsHigher |
| Funding time | Online application in about 5 minutes; partner lenders answer in minutes and deposit goes to the customer's bank account | Within 24 hours |
| Representative example | Personal loan of MXN 2,000 over 6 quincenas, 6 payments of MXN 647, total to pay MXN 3,882; monthly interest rate 28% to 49.50% (without VAT), informative CAT from 677.47% | Borrow $10,000 at a 12% annual rate over 6 months: monthly payment $1,732.98, total repayment $10,397.88 (total CAT 12.001%) |
| Lender type | Marketplace | Broker |
| Eligibility | Mexico only, accredited Mexican lending partners; partner lenders accept from 18 years (some 21+); INE and an active bank account required | 18-80 years old, resident in Mexico, hold an account at a national bank, email and mobile phone |
| Loan types | Personal, Payday, Secured, Business, Debt consolidation, Student | Personal, Car, Secured, Debt consolidation, BNPL |
| Credit check | Soft prequal | Not confirmed |
| Rate type | Not confirmed | Fixed |
| Origination fee (%) | 0% | Not confirmed |
Same on both: Arrangement fee (0 MXN), Credit needed (Poor), Use cases (Home improvement).
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Key differences
- Solcredito MX scores higher overall: 8.7 vs 8.5.
- APR is lower at Solcredito MX: 9.5% to 3,696% vs from 677.47%.
- Loan amount is higher at Finmercado: MX$500 to MX$200,000 vs up to MX$100,000.
- Term is higher at Solcredito MX: 3 to 48 months vs 2 to 12 months.
- Support channels: only Finmercado offers Chat, Community.
- Loan types: only Finmercado offers Payday, Business, Student.
- Loan types: only Solcredito MX offers Car, BNPL.
Our verdict on each
Finmercado
Finmercado suits Mexican borrowers who need a small personal loan in the bank account the same day, with a soft prequalification and no origination fee. The trade-off is cost, with an informative CAT starting at from 677.47% and a short term, so this is a bridge rather than long-term credit.
Solcredito MX
Solcredito MX suits Mexican residents with poor credit who need a personal loan quickly and want the repayment fixed. Funding lands Within 24 hours, the origination fee is 0 MXN, and the wide rate band is the main thing to check before you sign.
Score breakdown
| Area | Finmercado | Solcredito MX |
|---|---|---|
| Cost | 8.8Cost rests on the rate: the informative CAT starts at from 677.47%, with terms of 2 to 12 keeping balances short. | 8.9Higher |
| Offer | 8.8Higher | 8.59.5% to 3,696% is far wider than the alternatives, which is what holds the offer score back, though the fixed fixed rate keeps payments predictable. |
| Trust | 8.1 | 8.5Higher |
Ranges side by side
| Fact | Finmercado | Solcredito MX |
|---|---|---|
| APR | from 677.47% | 9.5% to 3,696% |
| Loan amount | MX$500 to MX$200,000 | up to MX$100,000 |
| Term | 2 to 12 months | 3 to 48 months |
What each covers
| Loan types | Finmercado | Solcredito MX |
|---|---|---|
| Personal | Yes | Yes |
| Payday | Yes | No |
| Debt consolidation | Yes | Yes |
| Secured | Yes | Yes |
| Car | No | Yes |
| Business | Yes | No |
| Student | Yes | No |
| BNPL | No | Yes |
| Use cases | Finmercado | Solcredito MX |
|---|---|---|
| Home improvement | Yes | Yes |
Where each is licensed and available
Available in 1 country for both.
How they place
| Ranking | Finmercado | Solcredito MX |
|---|---|---|
| Personal loans | 40 of 1932 | 61 of 1932 |
| Loans for bad credit | 27 of 275 | 38 of 275 |
| Debt consolidation loans | 15 of 425 | 23 of 425 |
| Secured loans | 7 of 472 | 10 of 472 |
| Home improvement loans | 17 of 562 | 28 of 562 |
Every fact side by side
| Fact | Finmercado | Solcredito MX |
|---|---|---|
| Pricing model | Not confirmed | Fixed rate |
| Features | Same day funding | Same day funding |
| Legal entity | SIA JEFF | Fiizy OU |
| Headquarters | Mexico | Estonia |
| Founded | Not confirmed | 2011 |
| Support channels | Email, Chat, Help centre, CommunityCovers more | Email, Help centre |
Where each stands against the rest
| Fact | Finmercado | Solcredito MX | Median |
|---|---|---|---|
| APR | from 677.47%highest quarter | 9.5% to 3,696%above the median | 8.99 |
| Loan amount | MX$500 to MX$200,000highest quarter | up to MX$100,000above the median | MX$80,000 |
| Term | 2 to 12 monthslowest quarter | 3 to 48 monthsbelow the median | 60 |
| Origination fee (%) | 0%below the median | Not confirmed | 0.25% |
Median across 1005 listed lenders.
Pros and cons
Finmercado
Pros
- No fee for taking out a personal loan, since the origination fee is 0 MXN
- same day funding is offered and the deposit goes straight to your bank account
- The online application takes a few minutes, and partner lenders answer in minutes
Cons
- Fees are not the problem, interest is: from 677.47% is an informative rate and the representative example shows a total repayable well above the amount borrowed
- Terms run 2 to 12, so a larger balance has to be cleared quickly
- Support runs on email, chat and help centre only, with no phone line
Solcredito MX
Pros
- Origination fee of 0 MXN, so the cost is the interest and the amount you repay rather than a fee sitting on top.
- Poor credit is enough: poor is the stated requirement, and 70.1% shows most brands in the bad credit ranking ask the same.
- Quick payout on an accepted application, with funding Within 24 hours and same-day funding listed as a feature, same day funding.
Cons
- The rate band is the weak point: 9.5% to 3,696% stretches far wider than the 10% to 23% at Monzo Flex or the PHP 12 to PHP 36 at Cashspace.
- Support runs on email and help centre only, while phone is the most common channel in the personal loan ranking, 85.3%.
- It is a broker, broker, so the rate and the contract come from whichever lender takes the application, and direct lenders lead the personal loan ranking at 76.3%.
Who each suits
Finmercado
Who it suits
- Mexican residents with an INE and an active bank account who need a personal loan quickly
- Borrowers with poor credit who want a soft prequal check before a full application
- Anyone covering home improvement without paying an origination fee of 0 MXN
Who should look elsewhere
- Borrowers who can clear a mainstream credit test, since Monzo Flex quotes 10% to 23% against the from 677.47% Finmercado starts at
- Anyone needing a repayment window longer than 2 to 12
- Readers who want to talk a lender through by phone, since support runs on email, chat and help centre
Solcredito MX
Who it suits
- Adults living in Mexico with a bank account, an email address and a mobile number, applying on poor credit.
- Borrowers who need the money Within 24 hours and can live with a monthly amount set on a fixed basis.
- People consolidating debts, buying a car or fixing up a home, since personal, car and secured and home improvement cover those uses.
Who should look elsewhere
- Borrowers who want a tight rate band: Monzo Flex prices at 10% to 23% and Cashspace at PHP 12 to PHP 36, both narrower than 9.5% to 3,696%.
- People who need to talk something through, since support is limited to email and help centre rather than a phone line.
- Borrowers wanting a bigger sum than up to MXN 100,000 or a longer term than 3 to 48, who would do better checking direct lenders than a broker.
Current offers
Solcredito MX
Current offer
First period offer
First loan from 0% interest: 0% interest on the first loan
Offer depends on the lender network; the exact CAT and any charges are disclosed before signing the loan contract
Source, checked September 26, 2026
Bonus
Extra $12,000 from 0% for special events: 12,000 MXN additional credit at 0%
Special event promotion on personal loans, terms per lender offer
Source, checked September 26, 2026
Country by country
| Country | Finmercado | Solcredito MX |
|---|---|---|
| Mexico | Yes | Yes |
Questions about each
Finmercado
How much does borrowing from Finmercado cost?+
The informative CAT starts at from 677.47% and the origination fee is 0 MXN, so nothing is charged for setting the loan up. The representative example shows where the cost really sits: a small personal loan repaid over a short run of fortnightly payments, with a monthly interest rate quoted before VAT and a total repayable well above the amount borrowed.
Is there an arrangement fee to pay?+
The origination fee is 0 MXN, and no percentage charge sits on top because that figure is 0%. The whole cost therefore falls on the interest, which means the rate offered and the length of the term decide the bill rather than the setup.
Solcredito MX
What rate will I pay on a Solcredito MX personal loan?+
Rates depend on the partner lender your application reaches, and the published band is 9.5% to 3,696%, which is wide. For context, the middle of the market on this site is 12%. Ask for the rate in writing once an offer lands, and compare the total you repay against the amount you borrow.
Does Solcredito MX charge an origination fee?+
The stated origination fee is 0 MXN, so the headline cost here is the interest itself. That compares well with lenders that add a fee on top of the rate. Read the partner lender's terms too, since a broker arrangement carries terms set by the funder.
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