Updated September 28, 2026 · SumCue Editorial Team
Mi Prestamo vs Prestapuffin
Mi Prestamo
Higher score in this comparison
Prestapuffin
What sets them apart
| Compare | Mi PrestamoReviewVisitVisit | PrestapuffinReviewVisitVisit |
|---|---|---|
| APR | 23% | 0% to 36%Lower |
| Loan amount | €200 to €3,000 | €100 to €5,000Higher |
| Term | 2 to 12 months | 2 to 60 monthsHigher |
| Arrangement fee | Solvency assessment fee 30.00 EUR plus loan management fee 10.00 EUR plus financial risk fee 30.00 EUR (calculator default Mi Prestamo Mensual 100 EUR / 3 months) | 0 EUR (no commissions) |
| Funding time | Within hours after approval, collected in a Mi Prestamo office or paid to your bank account | Deposited straight to your bank account immediately |
| Lender type | Direct lender | Broker |
| Eligibility | DNI or NIE (Spanish ID) plus proof of income required; no guarantor and no collateral; Spanish registered address | Residents of Spain aged 18-80 with email address and mobile number |
| Credit check | Hard | Not confirmed |
| Representative example | Not confirmed | EUR 1,000 loan over 24 months at 35% fixed annual interest, monthly payment about EUR 58.52, total about EUR 1,404.45 |
| Free early repayment | Yes | Not confirmed |
| Origination fee (%) | Not confirmed | 0% |
| Credit needed | Not confirmed | Fair |
Same on both: Rate type (Fixed), Loan types (Personal).
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Key differences
- Mi Prestamo scores higher overall: 9.1 vs 8.9.
- APR is lower at Prestapuffin: 0% to 36% vs 23%.
- Loan amount is higher at Prestapuffin: €100 to €5,000 vs €200 to €3,000.
- Term is higher at Prestapuffin: 2 to 60 months vs 2 to 12 months.
- Support channels: only Mi Prestamo offers Phone, Chat, Help centre.
Our verdict on each
Mi Prestamo
Mi Prestamo is a Spanish direct lender aimed at small, short personal loans repaid quickly, with cash in hand or in your account within hours of approval. The catch is price: the APR of 23% runs high for the market, and the arrangement fee adds charges on top of the interest.
Prestapuffin
Prestapuffin suits Spanish residents who want a fixed rate personal loan of €100 to €5,000, funded into the bank account immediately with 0 EUR (no commissions) to arrange. Its rate of 0% to 36% runs wider than the site median 15.5%, and the firm is a broker, not the lender.
Score breakdown
| Area | Mi Prestamo | Prestapuffin |
|---|---|---|
| Cost | 8.9APR of 23% sits above the 14.43% site median, and the arrangement fee adds charges on top of interest. | 9.7Higher |
| Offer | 9.0Higher | 8.4 |
| Trust | 9.4Higher | 8.5 |
Ranges side by side
| Fact | Mi Prestamo | Prestapuffin |
|---|---|---|
| Loan amount | €200 to €3,000 | €100 to €5,000 |
| Term | 2 to 12 months | 2 to 60 months |
Availability and regulation
Available in 1 country for both.
How they place
| Ranking | Mi Prestamo | Prestapuffin |
|---|---|---|
| Loans | 10 of 2043 | 8 of 2043 |
| Personal loans | 7 of 1317 | 5 of 1317 |
Every fact side by side
| Fact | Mi Prestamo | Prestapuffin |
|---|---|---|
| Pricing model | Fixed rate | Fixed rate |
| Features | Same day funding | Same day funding |
| Legal entity | Easy Asset Management Iberia S.L. | Atlantix Media Inc |
| Headquarters | Spain | Canada |
| Support channels | Phone, Chat, Email, Help centreCovers more |
Where each stands against the rest
| Fact | Mi Prestamo | Prestapuffin | Median |
|---|---|---|---|
| APR | 23%highest quarter | 0% to 36%lowest quarter | 9.99% |
| Loan amount | €200 to €3,000lowest quarter | €100 to €5,000below the median | €40,000 |
| Term | 2 to 12 monthslowest quarter | 2 to 60 monthsat the median | 60 |
| Origination fee (%) | Not confirmed | 0%at the median | 0% |
Median across 1096 listed providers.
Pros and cons
Mi Prestamo
Pros
- Cash is available within hours of approval, paid into your bank account or collected at a Mi Prestamo office.
- Early repayment is free, so finishing ahead of schedule costs nothing extra.
- Eligibility needs no guarantor and no collateral, so nobody else signs and nothing is pledged.
Cons
- The APR of 23% sits above the 14.43% median for personal loans.
- The arrangement fee stacks a solvency assessment charge, a loan management charge and a financial risk charge on top of the interest.
- Terms run 2 to 12, a much shorter window than the 36 personal loan median.
Prestapuffin
Pros
- Arranging the loan costs 0 EUR (no commissions), so nothing is taken for setting it up.
- The rate is fixed, so the instalment does not move with the market.
- Funding is quick: Deposited straight to your bank account immediately.
Cons
- The top of 0% to 36% sits above the site median 15.5%, so a longer term carries more interest than a tighter band would.
- Support runs on email only, so there is no phone line for a borrower who cannot resolve a written thread.
- Being a broker means the contract and the credit decision sit with a partner rather than with the company you apply to.
Who each suits
Mi Prestamo
Who it suits
- Borrowers in Spain with a Spanish ID, proof of income and a registered Spanish address who need a small sum quickly.
- Anyone able to clear the balance early, since early repayment carries no extra charge.
- Readers comfortable with a hard credit check and a short fixed repayment schedule.
Who should look elsewhere
- Readers who want a cheaper rate, since Sofkredit charges 10.74% to 18.06%.
- Borrowers after a bigger sum, because Creduma ES starts at from €12,000 and Mi Prestamo caps at €200 to €3,000.
- Shoppers in the peso market, since Cashspace quotes PHP 12 to PHP 36 in a different currency and is not a like-for-like swap.
Prestapuffin
Who it suits
- Spanish residents within a stated age band who hold an email address and a mobile number, as the eligibility rule requires.
- Borrowers with fair credit who want a fixed rate instalment loan rather than a revolving credit line.
- People who need the money the same day: Deposited straight to your bank account immediately.
Who should look elsewhere
- Anyone borrowing a large sum: Creduma ES works at from €12,000, well above the €100 to €5,000 ceiling here.
- Rate shoppers: Sofkredit lends at 10.74% to 18.06%, below the top of Prestapuffin's 0% to 36%.
- Borrowers living outside Spain, where Cashspace lends in Philippine pesos at PHP 12 to PHP 36 and Prestapuffin's eligibility covers residents of Spain only.
Country by country
| Country | Mi Prestamo | Prestapuffin |
|---|---|---|
| Spain | Yes | Yes |
Questions about each
Mi Prestamo
What does a Mi Prestamo loan cost me?+
The headline rate is an APR of 23%, and the arrangement fee sits on top of that interest. The calculator splits the fee into a solvency assessment fee, a loan management fee and a financial risk fee, so a small loan carries a meaningful share of charges. Early repayment is free, which softens the deal for anyone who finishes ahead of schedule.
How much can I borrow, and over what period?+
The loan runs from €200 to €3,000, with a term of 2 to 12. Because the rate is fixed, the monthly figure holds steady for the whole period and does not change if market rates move. The modest ceiling and short window shape this as a loan for a specific expense rather than a long running commitment.
Prestapuffin
What rate will I pay on a Prestapuffin loan?+
The rate is 0% to 36% and it is fixed, so the instalment holds steady instead of moving with the market. Setting the loan up costs 0 EUR (no commissions), which leaves interest as the only charge. The published example shows monthly instalments at a fixed annual rate and a total repaid above the amount lent.
What will a loan cost me in total?+
Interest is the cost here and the annual rate is 0% to 36%. The example the company publishes runs at a fixed annual interest rate, repaid in equal monthly instalments, with the total repaid higher than the amount borrowed. Work that total out over 2 to 60 of instalments before you commit, because a longer term carries more interest on the same balance.