Introduction to Yotepresto.com
Yotepresto.com, a pioneering peer-to-peer lending platform in Mexico, has been disrupting the traditional financial system since its inception a decade ago. Over these 10 years, it has become a reliable alternative for millions of Mexicans seeking to escape high-cost debts, saving over a billion pesos in interest.
The Impact of Yotepresto.com
Luis Rubén Chávez, CEO and founder of Yotepresto.com, explains how their product “Cambia Tu Deuda” has played a crucial role in this impact. It allows users to refinance costly debts with more affordable monthly payments and interest rates that are often less than half of those charged by traditional banks.
“For instance, if you’re paying a 50% interest rate on a debt, here you can refinance it to a lower monthly payment with an interest rate of just 19%,” Chávez highlighted.
Out of the approximately 4,000 billion pesos in personal loans Yotepresto.com has disbursed, around 70% have been allocated to debt payments.
“Our goal has always been to transform access to credit, and with 10 years in the market, over 4 million users, and more than 4,000 billion pesos in loans disbursed, we can confidently say that we’re achieving this goal,” Chávez stated.
Growth and Regulation
With a continuously expanding community of investors and borrowers, Yotepresto.com leads the peer-to-peer lending segment in Mexico and positions itself as the largest crowdfunding platform in the country. Their promise is a transparent, digital, and fair ecosystem.
“A significant part of the trust we’ve built comes from being an authorized and regulated institution by financial authorities such as Condusef, the National Banking and Securities Commission (CNBV), and the Bank of Mexico (Banxico),” Chávez explained.
As Yotepresto.com enters its second decade, it prepares to scale further, develop new products, and solidify its leadership in credit innovation serving people’s needs.
Key Loan Features
- Annual interest rates starting from 8.9% (average rate of 19%)
- Online loans ranging from $10,000 to $400,000
- Quick and free application process (no upfront fees)
- Fixed monthly payments with terms from 6 to 36 months
*Annual fixed interest rate ranging from 8.9% to 38.9%, excluding VAT, subject to credit evaluation and assessment. Example for illustrative purposes only: $400,000 loan with an annual rate of 18.9% over 36 months. Total amount payable: $537,882.91 excluding VAT. Subject to loan approval. AVERAGE CAT: 26.6%, excluding VAT. Calculation date: June 15, 2025.
Contact Information
- Website
- TikTok
