Mercado Pago offers its users the possibility to request loans easily and quickly directly from the digital wallet application. Available amounts can reach up to $270,000 with different financing options.
If you opt for a loan of $270,000, you will have the flexibility to choose between different terms for repayment. For example, financing it over 12 installments implies a monthly payment of approximately $43,453, totaling $521,437 at the end of the loan. You can also choose 6 installments of around $65,427 or 3 installments of about $112,107.
It is important to mention that the values are approximate and could be adjusted based on a credit analysis conducted by Mercado Pago, which evaluates aspects such as activity on Mercado Libre, the use of QR for payments, cell phone top-ups, among others.
To request a loan on Mercado Pago and have it approved, it is necessary to have a good credit history and to frequently use the tools of the digital wallet. Once approved, the loan money can be used for various purposes such as payments with QR codes, online purchases, transfers, top-ups, and more.
Additionally, the repayment of the loan can be made in different terms, providing greater flexibility for users. The entire process is carried out from the Mercado Pago application, without the need to contact customer service.
