Comparison scenario
A $5,000-peso loan: compare the total, not just the installment
A guide for placing two $5,000 MXN offers under the same amount and term.
Checklist before applying
- Write down how much actually reaches your account.
- Add every payment, fee, and VAT charge.
- Simulate one late date before deciding.
- Reject any offer that asks for an advance payment.
Compare using your own numbers
Do not use an installment shown in an ad. Enter the rate and fee from the offer you received, then review the schedule.
Open calculatorThen check the entity
The legal entity in the contract should match official records and channels. If someone requests an advance payment or asks you to install an APK, stop the process.
Check warning signs