Mend: Pacientes

The app is for applying for a medical loan with Mend. It allows users to securely upload the necessary documents for credit evaluation. After approval, the app presents available loan offers so the user can select their preferred option. Finally, the user digitally signs the accepted loan agreement directly within the app.

Credit Transparency and Personal Loan Information: Mend offers medical loan solutions with complete transparency under the following terms:
Repayment Terms: Minimum repayment period of 12 months and a maximum period of 36 months.
Maximum Annual Percentage Rate (APR): Our maximum annual rate is 48%, which includes the interest rate and all applicable fees based on the credit profile.
Fees: A 3% origination fee is applied to the total loan amount requested.

Representative example of the total cost of credit:
If you request a medical loan of MXN $10,000 for a 12-month term with an annual interest rate of 35% (intermediate example):
Principal amount: MXN $10,000
Opening fee (3%): MXN $300
Estimated total interest: MXN $3,500
Total cost of the loan: MXN $13,800
Approximate monthly payments: MXN $1,150

All loans are subject to approval after evaluation of the applicant's documents and credit profile.