Ibancar Prestamos vs Prestamiau

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

Prestamiau

Who it suits

• Adults resident in Mexico with their own bank account, a valid INE/IFE and a stable income, who need money quickly rather than a large sum.
• Borrowers with a thin credit file, since the credit needed is poor.
• People consolidating debt or covering a home improvement job, since the loan types are personal and debt consolidation and the listed use is home improvement.

Who should look elsewhere

• Anyone wanting a long repayment schedule: the term is 3 to 4, and Monzo Flex is the comparison for lending spread over a longer window.
• Borrowers who want to raise a query by phone or in a live chat: support runs on email only.
• Anyone after a large loan: the amount available runs MXN 100 to MXN 20,000 and the brand sits at 676 of 685 on amount.

Prestamiau