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Mento - A Secure and Hassle-free Microcredit Platform
Mento is a microcredit platform designed to provide a 100% digital, simple, and secure experience to its users. With Mento, you can access microcredit loans of up to 400,000 Chilean pesos in just 10 minutes without the need for any paperwork. The platform uses advanced technology to offer loans whenever and wherever you need them.
Mento has a simple process that requires you to meet some basic eligibility criteria to unlock loans. You must be at least 20 years old, have a valid Chilean ID, a bank account, a unique password, and not be in DICOM.
The APR for the loans is at a maximum of 34.90%, which is the maximum conventional interest rate defined by the Chilean financial regulatory authority as of October 15, 2021. The minimum and maximum repayment period for the loans is 3 and 12 months, respectively.
With Mento, you can say goodbye to running out of money and hello to a hassle-free and secure borrowing experience.
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