Ultra Préstamo is a mobile application designed for users in Colombia seeking paperless credit loans. It allows users to apply for loans conveniently through their mobile devices, with amounts ranging from COP $150,000 to COP $3,200,000. The application complies with Google's policies, offering repayment terms from 91 days to one year, with an interest rate of 0.05% per day, translating to an annual rate of up to 22%. Users can expect service fees between 2% to 10% of the borrowed amount, ensuring a transparent fee structure.

To qualify for a loan through Ultra Préstamo, users must be aged between 18 to 65 years, possess a valid Cédula de Ciudadanía, have a stable income, and maintain a bank account with supported institutions such as Bancolombia, ñequi, or Daviplata. The app emphasizes user data security and provides detailed repayment calculations, helping users understand their financial commitments clearly. Overall, Ultra Préstamo streamlines the borrowing process for its users.