Updated September 28, 2026 · BorrowCue Editorial Team
Ibancar Prestamos vs Lendela
Where Ibancar Prestamos and Lendela differ
| Compare |  Ibancar Prestamos |  Lendela |
|---|---|---|
| APR | 12.74% to 13.01% | up to 48% |
| Loan amount | €600 to €8,000 | SGD 1,000 to SGD 200,000 |
| Term | 12 to 60 months | 3 to 72 monthsHigher |
| Funding time | Same day, up to 24 hours | Around 1-2 days from application to disbursement; some within hours |
| Representative example | 1,000 EUR over 36 months, French amortisation, APR 13.01%, interest 199.15 EUR, total amount owed 1,199.15 EUR | Personal loan: $20,000 at APR 6.95% over 5 years, total payable $26,940, monthly cost $449 |
| Lender type | Direct lender | Marketplace |
| Eligibility | Applicants resident in Spain (mainland, Balearic Islands, Canary Islands) who own the car pledged as collateral; ASNEF-listed applicants accepted | Age 21 or older; Singapore citizen or PR (foreigners also considered, higher income threshold); min annual income SGD 20,000-30,000 citizens/PR |
| Loan types | Personal, Car, Secured | Personal, Debt consolidation, Business, Secured, Student |
| Credit needed | Poor | Fair |
| Arrangement fee | Not confirmed | SGD 0 |
| Credit check | Not confirmed | None |
| Rate type | Fixed | Not confirmed |
| Use cases | Not confirmed | Home improvement |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Ibancar Prestamos scores higher overall: 9.0 vs 8.5.
- Lendela is available in 1 more country.
- Term is higher at Lendela: 3 to 72 months vs 12 to 60 months.
- Features: only Lendela offers Credit line.
- Loan types: only Ibancar Prestamos offers Car.
- Loan types: only Lendela offers Debt consolidation, Business, Student.
Our verdict on each
Ibancar Prestamos
Ibancar Prestamos lends its own money rather than brokering, and 12.74% to 13.01% over 12 to 60 suits Spanish residents who own the car they pledge. Fixed pricing and Same day, up to 24 hours funding keep the monthly figure steady, with the car as the anchor for every loan.
Lendela
Lendela suits Singapore borrowers who want a fast loan without a credit check. The marketplace matches amounts of SGD 1,000 to SGD 200,000 over terms of 3 to 72, with an APR of up to 48% set by the lender you are matched to.
Score breakdown
| Area | Ibancar Prestamos | Lendela |
|---|---|---|
| Cost | 8.7 | Not confirmed |
| Offer | 9.2Higher12.74% to 13.01% on €600 to €8,000 over 12 to 60, fixed pricing and Same day, up to 24 hours funding. | 8.9Fees are SGD 0 to arrange a personal loan and SGD 0 on the mortgage side. |
| Trust | 9.2Higher | 8.2 |
The bill, worked out
Borrow a typical amount over a typical term (estimate at the stated APR)
Ibancar Prestamos
1,042.39 to 1,065.78
1,042.39 to 1,065.78
Lendela
up to 4,519.64
up to 4,519.64
The stated ranges do not establish a winner.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Side by side, item by item
| Loan types | Ibancar Prestamos | Lendela |
|---|---|---|
| Personal | Yes | Yes |
| Debt consolidation | No | Yes |
| Secured | Yes | Yes |
| Car | Yes | No |
| Business | No | Yes |
| Student | No | Yes |
How they place
| Ranking | Ibancar Prestamos | Lendela |
|---|---|---|
| Personal loans | 15 of 1932 | 74 of 1932 |
| Loans for bad credit | 10 of 275 | 42 of 275 |
| Secured loans | 2 of 472 | 12 of 472 |
Licences and countries
Additional countries for Ibancar Prestamos: 1. Additional countries for Lendela: 2.
If neither fits
Sofkredit has term at 6 to 240 months, against 12 to 60 months for Ibancar Prestamos and 3 to 72 months for Lendela.
Sofkredit reviewEvery fact side by side
| Fact | Ibancar Prestamos | Lendela |
|---|---|---|
| Pricing model | Fixed rate | Not confirmed |
| Features | Same day funding | Same day funding, Credit lineCovers more |
| Legal entity | Ibancar World SL | Lendela Pte. Ltd. |
| Headquarters | Spain | Singapore |
| Founded | Not confirmed | 2018 |
| Support channels | Phone, Email, Help centre | Email, Phone, Help centre |
Mortgages
| Fact | Ibancar Prestamos | Lendela |
|---|---|---|
| Initial rate | Not confirmed | 2.4% |
| Product fee | Not confirmed | SGD 0 |
| Purpose | Not confirmed | Purchase, Remortgage |
Where each stands against the rest
| Fact | Ibancar Prestamos | Lendela | Median |
|---|---|---|---|
| APR | 12.74% to 13.01%above the median | up to 48%highest quarter | 8.99 |
| Term | 12 to 60 monthsat the median | 3 to 72 monthsabove the median | 60 |
Median across 1005 listed lenders.
Pros and cons
Ibancar Prestamos
Pros
- A direct lender, so Ibancar World SL carries the loan itself rather than passing the application on
- 12.74% to 13.01% sits close to the 12% middle of the loans tracked here, so the rate is not an outlier
- Pricing stays fixed for the whole term, which makes the monthly amount easier to plan around
Cons
- Collateral is not optional, since the car you pledge is what stands behind the 12.74% to 13.01% rate
- Borrowing stops at €600 to €8,000, well short of the €16,443.04 reached by other secured lenders
- Terms are capped at 12 to 60, so a large balance has to clear quickly
Lendela
Pros
- No credit check at all, and a fair credit profile is enough to apply.
- The range covers personal, debt consolidation and business lending under one roof.
- Funding is quick, with disbursement within hours on some applications.
Cons
- A marketplace model (marketplace) means the matched lender sets the rate, so up to 48% is a ceiling.
- That ceiling is steep next to 10% to 23% at Monzo Flex.
- Support runs on email, phone and help centre, with no live chat listed.
Who each suits
Ibancar Prestamos
Who it suits
- Spanish residents who own the car they pledge and want 12.74% to 13.01% fixed rate borrowing
- Borrowers carrying ASNEF markers, who are accepted on the eligibility criteria
- People who need money moving Same day, up to 24 hours rather than waiting on a longer application route
Who should look elsewhere
- Borrowers chasing a balance beyond €600 to €8,000 or a term longer than 12 to 60
- People with no car to pledge, since the collateral sits underneath the 12.74% to 13.01% rate
- Residents outside Spain, who fall outside the eligibility criteria and would need a local lender instead
Lendela
Who it suits
- Singapore citizens and permanent residents with a steady income who need money quickly.
- Borrowers with fair credit, or who would rather avoid a credit check altogether.
- Anyone funding home improvement work, its named use case: home improvement.
Who should look elsewhere
- Not for lowest rate seekers: Monzo Flex runs at 10% to 23%.
- Not for shoppers after a cost free product: Cashspace ES lists 0%.
- Not for borrowers outside Singapore: Cashspace serves the Philippines at PHP 12 to PHP 36.
Country by country
| Country | Ibancar Prestamos | Lendela |
|---|---|---|
| Hong Kong | No | Yes |
| Singapore | No | Yes |
| Spain | Yes | No |
Questions about each
Ibancar Prestamos
What is the cheapest way to borrow from Ibancar Prestamos?+
The rate is 12.74% to 13.01% and it does not move, so the cheapest route is the longest term you can carry without strain. Borrowing €600 to €8,000 over 12 to 60 spreads the cost most thinly. Ask for the representative example in writing before you sign, since the total repayable follows from how long the balance stays outstanding.
Who can apply for a loan here?+
Applicants resident in Spain, covering the mainland, the Balearic Islands and the Canary Islands, who own the car pledged as collateral. ASNEF-listed applicants are accepted on the eligibility criteria, and poor confirms a thin credit file is workable. Residency and car ownership are the two conditions that matter most.
Lendela
What APR does Lendela charge?+
The published APR runs to up to 48% on personal loans, and that figure is a ceiling rather than a rate every borrower pays. Because Lendela is a marketplace, the rate depends on the matched lender and on your own credit standing.
Are there fees to arrange a loan?+
The origination fee on personal loans is SGD 0, and the product fee on the mortgage side is SGD 0, so arranging a facility itself costs little. Interest remains the main price of the money, and the representative example shows how instalments add up.
Other options to compare
Other matchups
- Lendela vs Arab Islamic Bank
- Lendela vs Cathay United Bank
- Ibancar Prestamos vs Oney Préstamos ES
- Ibancar Prestamos vs Sofkredit
- Ibancar Prestamos vs Quick Car Finance
- Ibancar Prestamos vs Prestamiau ES
- Ibancar Prestamos vs Credityes
- Ibancar Prestamos vs Fidea
- Lendela vs 5in5
- Lendela vs Multitude Bank p.l.c
- Lendela vs Qonto ES
- Ibancar Prestamos vs Fiesta Credito MX
- Ibancar Prestamos vs Creditio
- Lendela vs BriteCap Financial
- Lendela vs Commerzbank
- Lendela vs Alt Lending
- Ibancar Prestamos vs Consumers Credit Union
- Lendela vs Kredivo
- Lendela vs Moneyveo UA
- Lendela vs TF Bank
- Lendela vs Postbank
- Lendela vs Nazivnost
- Lendela vs Smartney
- Lendela vs MoneyHero
- Lendela vs CitiBank AE
- Lendela vs Borrowell
- Lendela vs LEND.ch
- Lendela vs Cool Credit
- Lendela vs Moneyveo VN