Pezetita stands out in Spain’s online credit market by offering a completely free first loan for all new customers, up to €300 at a 0% interest rate. The terms are flexible, with repayment periods ranging from 61 to 90 days and a simple online process requiring no paperwork. There are no service charges for selecting your loan via Pezetita, and the entire application can be completed securely from your computer or phone in minutes.

How to Apply for a Pezetita Loan

• Go to the Pezetita website and fill in the short personal and financial form.
• Upload your ID (DNI/NIE) and proof of income if requested.
• Select your preferred offer from several available options on the platform.
• Complete the final application on the lender’s page for fast approval.
• Receive the money in your bank account typically within the same day.

What We Like

Pezetita’s offer of a first free microcredit is genuinely attractive, removing financial barriers for anyone needing a small loan fast. The entire process is transparent—the interest rate, repayment period, and total cost are clear before you commit. Application is digital and takes only a few steps, making it accessible to residents across Spain. No hidden selection fees mean you pay nothing extra for using their platform.

What Could Be Improved

The main drawback is that the free 0% interest is limited to first-time borrowers and capped at €300. Higher loan amounts or repeat borrowers face a standard TAE of up to 36%, depending on the lender chosen. Eligibility relies on being over 18, having residency, and regular income documentation. Not all applicants may qualify if they have irregular finances.

Our Verdict

If you are a new client seeking a small, no-interest, urgent loan in Spain, Pezetita is a smart and safe place to start. With quick digital processing, clear terms, and zero selection costs, it’s a convenient entry point for responsible borrowing.