Ultra Loan is a reliable app for applying for loans online in Mexico.
This app allows you to quickly and securely access the money you need, without complicated procedures; everything is 100% online, directly from your smartphone.
With Ultra Loan, you can apply for up to 20,000 MXN in just a few minutes.
Ultra Loan Benefits:
Simple and transparent: No hidden fees or complicated terms. The registration process is intuitive and easy to use.
Immediate approval and quick disbursement: Your application is reviewed in just a few minutes, and the money is transferred immediately after signing the contract.
Flexible payment options: If you can't pay on time, we offer convenient extension options.
How does it work?
Choose the amount and fill out the form: Enter the desired amount and the requested information.
Applicant requirements:
Mexican nationality, ages 18 to 65.
A valid official ID (INE or passport).
Active phone number.
Bank account at a Mexican financial institution.
Loan Terms:
Minimum term: 61 days
Maximum term: 365 days
Minimum age: 18 years
Minimum Annual Percentage Rate (APR): 740%
Maximum Annual Percentage Rate (APR): 922.5%
Example loan calculation:
Example with minimum rate:
You request a loan of 12,000 MXN for 61 days with a daily rate of 2%, plus a 10% origination fee for the first loan.
Calculation:
12,000 × 61 × 2% + (10% × 12,000) = 15,840 MXN
Total amount due: 27,840 MXN
Example with maximum rate:
You request a loan of 12,000 MXN for 90 days with a daily rate of 2.5%, plus a 10% origination fee for the first loan.
Calculation:
12,000 × 90 × 2.5% + (10% × 12,000) = 28,200 MXN
Total amount due: 40,200 MXN
⚠️ The final amount due may vary depending on the discount programs and promotions available.