Updated September 29, 2026 · BorrowCue Editorial Team
Plazo ES vs Solcredito
What sets them apart
| Compare |  Plazo ES |  Solcredito |
|---|---|---|
| APR | 24.19% | 0% to 3,752%Lower |
| Loan amount | €500 to €5,000 | €50 to €5,000 |
| Term | 48 months | 3 to 60 monthsHigher |
| Funding time | Money available about 10 minutes after sign-up; approval answer arrives in minutes | Decision in 15 minutes, money in your bank account within a few hours |
| Representative example | Línea de crédito revolving 1.500 EUR, TIN fijo 21,86%, TAE 24,19%, 48 monthly instalments of 47,15 EUR, total due 2.263,20 EUR | 1,500.00 EUR credit line drawn in full at first draw, repaid in 12 instalments, 20.04% annual rate (1.67% monthly), resulting TAE 21.99%, no fees |
| Lender type | Direct lender | Broker |
| Eligibility | Over 18, DNI/NIE or European passport, resident in Spain, demonstrable income, good credit history | Age 18 to 80, resident in Spain, current account at a national bank, own email and mobile number (some partner lenders require 21) |
| Loan types | Personal, Credit line | Personal, Payday, Debt consolidation, Credit lineCovers more |
| Credit needed | Good | Poor |
| Credit check | Hard | Not confirmed |
| Rate type | Fixed | Not confirmed |
| Free early repayment | No | Not confirmed |
| Origination fee (%) | 0% | Not confirmed |
Same on both: Arrangement fee (0 EUR), Use cases (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
- Solcredito scores higher overall: 9.0 vs 8.9.
- Founded is lower at Solcredito: 2011 vs 2021.
- Solcredito is available in 1 more country.
- APR is lower at Solcredito: 0% to 3,752% vs 24.19%.
- Term is higher at Solcredito: 3 to 60 months vs 48 months.
- Support channels: only Plazo ES offers Chat, Phone.
- Loan types: only Solcredito offers Payday, Debt consolidation.
Our verdict on each
Plazo ES
Plazo ES suits Spanish residents with a good credit history who want a small personal loan or a revolving credit line funded within minutes. Its 24.19% annual cost is high next to cheaper lenders, so the total repaid over 48 instalments is the figure to weigh.
Solcredito
Solcredito suits Spanish borrowers with a poor credit file needing a small amount quickly, and the arrangement fee on the personal loan offer is 0 EUR. It is a broker rather than a lender, so the rate depends on which lender answers, with rates running as high as 0% to 3,752%.
Score breakdown
| Area | Plazo ES | Solcredito |
|---|---|---|
| Cost | 8.724.19% annual cost sits well above cheaper lenders, and free early repayment is not offered. | 9.9Higher |
| Offer | 9.5HigherA personal loan and a credit line under personal and credit line, with funding within minutes of sign-up. | 8.4A broker, not a lender, with fees of 0 EUR and rates of 0% to 3,752% against a site median of 12%. |
| Trust | 8.7Higher | 8.5 |
Ranges side by side
| Fact | Plazo ES | Solcredito |
|---|---|---|
| Loan amount | €500 to €5,000 | €50 to €5,000 |
Also worth a look
FINANZCHECK.de has apr at -0.4% to 19.9%, against 24.19% for Plazo ES and 0% to 3,752% for Solcredito.
FINANZCHECK.de reviewWhere these facts come from
Plazo ES
- plazo.es: 21 facts, checked September 26, 2026
Solcredito
- solcredito.es: 16 facts, checked September 26, 2026
How they place
| Ranking | Plazo ES | Solcredito |
|---|---|---|
| Personal loans | 20 of 1932 | 59 of 1932 |
| Lines of credit | 1 of 328 | 9 of 328 |
| Home improvement loans | 10 of 562 | 26 of 562 |
Every fact side by side
| Fact | Plazo ES | Solcredito |
|---|---|---|
| Pricing model | Fixed rate | Not confirmed |
| Features | Credit line, Same day funding | Same day funding, Credit line |
| Legal entity | IDFinance Plazo, S.L.U. | Fiizy OU (registration code 12694462) |
| Headquarters | Spain | Estonia |
| Founded | 2021 | 2011Lower |
| Support channels | Email, Chat, Phone, Help centreCovers more | Email, Help centre |
Where each stands against the rest
| Fact | Plazo ES | Solcredito | Median |
|---|---|---|---|
| APR | 24.19%highest quarter | 0% to 3,752%lowest quarter | 8.99% |
| Loan amount | €500 to €5,000lowest quarter | €50 to €5,000lowest quarter | €40,000 |
| Term | 48 monthsbelow the median | 3 to 60 monthsat the median | 60 months |
| Origination fee (%) | 0%below the median | Not confirmed | 0.25% |
Median across 1005 listed lenders.
Pros and cons
Plazo ES
Pros
- The approval answer arrives in minutes and the money is available in your account shortly after you sign up, so a cost that cannot wait can be covered the same day.
- The origination fee is 0 EUR on the personal loan and the credit line, so the cost sits in the rate rather than in a setup charge.
- The rate is fixed, so an instalment does not rise when market rates move.
Cons
- The annual cost of 24.19% sits well above 12% for the median brand on the site, so the interest does most of the work in what you repay.
- Free early repayment is not offered, so clearing the balance ahead of schedule does not bring the cost down, while 81.2% of the brands compared do offer it.
- Applications run a hard credit check, so an outcome here can also weigh on other credit applications you make.
Solcredito
Pros
- Arrangement fee of 0 EUR on the personal loan offer, and the representative example records no fees on the credit line
- A decision in minutes and money in the account within a few hours
- Accepts a poor credit profile, which covers a large share of the loans on the site
Cons
- The cost range runs up to 0% to 3,752%, well above the 25.03% upper quartile for personal loans on the site
- Solcredito is a broker, so the lender setting the rate is not named in the offer
- Support runs on email and help centre only, with no phone line listed
Who each suits
Plazo ES
Who it suits
- Adults living in Spain with a DNI/NIE or a European passport, demonstrable income and a good credit history.
- Borrowers who want both a personal loan and a revolving credit line from the same firm, since the range covers personal and credit line.
- People who can carry a 24.19% annual cost and value money in the account within minutes of signing up.
Who should look elsewhere
- Readers chasing a lower annual cost, since Monzo Flex quotes 10% to 23% against 24.19%.
- Borrowers who plan to finish early, since free early repayment is not offered here while most of the site comparison does offer it.
- Anyone needing a sum above €500 to €5,000, where Cashspace at PHP 12 to PHP 36 is set in a different currency and market.
Solcredito
Who it suits
- Adults in Spain with a poor credit profile who need money in the account the same day
- Borrowers covering home improvement who can repay inside 3 to 60
- People who prefer written support through a help centre and email rather than by phone
Who should look elsewhere
- Borrowers with a strong credit file, who will find rates well under the 0% to 3,752% ceiling on a direct lender
- Anyone needing to borrow more than €50 to €5,000 or to repay over a longer period than 3 to 60
- Readers who want a named lender and a regulated protection scheme, neither of which appears for this broker
Current offers
Plazo ES
Current offer
Bonus
Cashback on purchases with the Plazo card: Up to 15% cashback at favourite brands
Only when paying with the Plazo card; subject to meeting eligibility conditions and validity of the offers
Source, checked September 26, 2026
Solcredito
Current offer
First period offer
Extra 5000 EUR desde 0% para eventos especiales / primer prestamo al 0% de interes: 0% interest, extra amount up to 5,000 EUR
New customers, first loan, promotional event offer
Source, checked September 26, 2026
First period offer
Extra $12,000 desde 0% para eventos especiales / primer prestamo desde 0% de interes (Mexico): 0% interest, extra amount up to 12,000 MXN
New customers, first loan, Mexico offer; deposit within 24hrs claimed
checked September 26, 2026
Country by country
| Country | Plazo ES | Solcredito |
|---|---|---|
| Mexico | No | Yes |
| Spain | Yes | Yes |
Questions about each
Plazo ES
What does borrowing from Plazo ES cost?+
Plazo ES charges an annual cost of 24.19% on a fixed basis, and the origination fee is 0 EUR, so there is no setup charge to add. The published representative example is a revolving credit line repaid in 48 monthly instalments, and the total due comes to noticeably more than the amount drawn. That gap is the real cost to weigh.
Is Plazo ES a regulated lender?+
Plazo ES is a direct lender listed with Banco de España under 6899, so a Spanish supervisor is responsible for how it conducts that business. A loan is a borrowing contract rather than a savings account, so what you owe comes from the published terms, and the register entry is the detail worth checking before you sign.
Solcredito
What rate will I pay through Solcredito?+
Annual rates run 0% to 3,752%, a wide spread that reflects the partner lenders Solcredito works with rather than one set price. The site's median personal loan rate is 12%. The representative example shows a credit line drawn in full, repaid over a set number of instalments at a stated annual rate and monthly rate, with the resulting TAE and no fees.
Are there arrangement fees or hidden costs?+
The arrangement fee is 0 EUR on the personal loan offer, and the representative example states no fees on the credit line it illustrates. A broker can still pass on lender costs inside the rate itself, so the figure to weigh is the TAE in any offer you receive.
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