Go Préstamo

What Go Préstamo is

Go Préstamo is an online short-term loan service operated by LENDING GO, S.L. for people over 18 who live in Spain. Its website advertises loans from €100 to €1,600 and says applications are handled online within minutes. The time needed for funds to arrive depends on approval and bank processing.

Products and terms

The website advertises a 92-day term with two installments, due on days 31 and 92 after approval, while its Google Play listing displays a 62-day example. General terms allow individual loan durations from 30 to 120 days and an opening fee of up to 10%; the exact offer and standardized precontract disclosure govern each application. The company lists five maximum-amount tiers:

• Tier 1: up to €400
• Tier 2: up to €900
• Tier 3: up to €1,100
• Tier 4: up to €1,300
• Tier 5: up to €1,600

The website advertises a first loan of up to €300 at a 0.0% nominal rate and 0.0% APR. For subsequent borrowing, it lists 0% nominal interest for the first 31 days and 1.1% per day on the outstanding principal for the next 31 days. Its representative €250 example lists €85.25 in interest, €335.25 total repayment and a 561.39% APR. The terms also list a late charge of 1.30% per day on the unpaid amount for up to 150 days, plus a €30 collection fee per default. These are high-cost short-term credit terms; the Bank of Spain recommends comparing APR and reviewing the contract and total costs before accepting.

Requirements and application

Applicants need internet access, must register on the platform and accept the repayment terms. The company describes the process as fully online and says no paperwork is required.

Contact and hours

Customer service: Monday–Saturday 9 a.m.–10 p.m. Phones: +34 900 801 895 and +34 936 069 683. The available profile does not list a physical address or email.

Compare the total amount due, APR, late-payment consequences, extension fees, lender identity and complaint channels with other options; do not borrow based only on a fast funding estimate.