BotónSol is a free Android app developed by BotonSol. It falls under the category of Business & Productivity with a subcategory of Finance. BotónSol allows users to borrow money with just a few clicks on their phone. It offers online loans that are easy, secure, and fast, with immediate approval and no paperwork or credit check required.

With BotónSol, users can borrow amounts ranging from S/300 to S/30,000, with repayment terms ranging from 91 to 360 days. The maximum daily interest rate is 0.08%, and the maximum annual interest rate is 28.8%.

For example, if a loan of S/1,000 is approved, the loan details would be as follows: Loan Amount: S/1,000, Duration: 120 days, Interest: S/96. The total repayment amount would be S/1,000 + S/96 = S/1,096. The annual interest rate (CAT) is 28.8%.

BotónSol offers good news to its users. If the first loan amount is not high, it will increase as you repay it on time. By reapplying, users can obtain a higher amount and a more favorable interest rate. The platform will extend the repayment period after careful evaluation.

To qualify for a loan with BotónSol, users must be over 18 years old, have a bank account in Peru, be employed, and have a good credit history.