Cozmo offer review

Cozmo.es review: a named Spanish direct lender with conflicting live disclosures

Cozmo.es is not presented in its reviewed General Terms as a comparison form that passes an enquiry to an unnamed lender panel. The contract names Techorro Spain, S.L.U., NIF B16403032, as COZMO and as the lender. That makes this a direct non-bank consumer-credit route for this review: the named company assesses the application and is the counterparty in the contractual documents. A fast online screen does not make approval automatic. Before accepting, the legal name, principal, total repayable amount, due date and payment mandate should match the individual agreement.

The current public route requires careful reading because its live materials do not describe one stable product range. The homepage says a first loan can be up to €500 and a subsequent loan up to €800. Its visible calculator includes €20, €500 and €990 markers. The current SECCI example selected by the calculator is €500 for 90 calendar days, with a 1.5% daily debtor rate, 2,950% TAE and €1,175 total repayable. Those figures are useful evidence of the live screen, but not an entitlement, universal rate or replacement for the final pre-contractual document.

Who lends through Cozmo and what the published company records establish

Cozmo’s Legal Notice and current SECCI identify Techorro Spain, S.L.U. as the company behind the lending route. They publish NIF B16403032, the Barcelona address and registry details shown in the table. The 2024 BORME incorporation notice records an activity of granting small microloans and non-mortgage credit while excluding activities reserved to credit institutions. That supports the narrower description used here: a named direct non-bank lender, not a bank or an unnamed marketplace.

The current SECCI expressly states that the lender’s activity is not subject to regulation and supervision by Banco de España. The reviewed legal materials do not publish a Banco de España or CNMV licence or registration number. A Mercantile Registry record proves company registration, not a credit licence. It would therefore be inaccurate to convert an absent web field into either an affirmative authorisation claim or an accusation of being unlicensed. Anyone for whom regulatory status is decisive should check the applicable official register and compare the result with the company named in the live agreement.

Cozmo amounts and terms: why the calculator, SECCI and General Terms must be compared

The current site makes amount and term statements that cannot safely be merged into one promise. The homepage distinguishes “up to €500” for a first loan and “up to €800” for later borrowing, yet the calculator displays a €990 marker. Article 11 of the General Terms says 7–30 calendar days, while the live SECCI example shows €500 for 90 calendar days. This review preserves that difference rather than choosing the largest limit or longest term. Only the individual proposal can fix the amount credited, maturity and number of days for an applicant.

Treat the slider as an illustration rather than a quote. The lender may offer less than a displayed amount, ask for additional documents or decline after reviewing the application. Before accepting, put the principal, any commission, daily rate, TAE, total repayable amount, number of days and actual due date on the same page. A loan shown as €500 in a calculator is not equivalent to €500 credited to an account if the agreement changes the length, fee or payment schedule. If the SECCI and the final contract do not agree, pause and request a written explanation from Cozmo before giving a payment instruction.

Current Cozmo cost example, TAE and the figures to verify before accepting

The live calculator’s current SECCI provides a concrete example rather than a universal price: €500 principal, 90 calendar days, 1.5% daily debtor rate, 2,950% TAE, €0 issuance-channel commission and €1,175 total repayable at maturity. It also states that no insurance or accessory service is required for that example. The example should not be extrapolated to every request. Cozmo does not publish one official base weekly or monthly rate in the reviewed materials, and an annual percentage does not tell a borrower the exact euro amount due without the written schedule. The final SECCI and contract are controlling documents for the request actually made.

The interface presents another reason to slow down: in the reviewed €500 / 90-day screen, a visible “first instalment” is not readily aligned with the SECCI wording of a single payment at maturity and €1,175 total. That is a disclosure conflict, not a calculation for this review to reconcile. Ask which schedule applies, how much will be debited and on what dates. Do not treat an “instant” label, first-screen amount or percentage alone as complete cost disclosure.

1. Save the live SECCI and final agreement together with the amount and term selected in the calculator.
2. Check principal, daily rate, TAE, every commission, total repayable amount and every debit date in euros.
3. Ask which document controls if the calculator shows instalments while the SECCI states one maturity payment.
4. Confirm whether the payment card will be debited automatically and whether partial charges can occur.
5. Compare the full written cost with a lower-cost alternative before accepting a short-term loan.

Eligibility, documents and assessment: online does not mean no underwriting

The reviewed General Terms require a natural person over 18 with full legal capacity and permanent residence in Spain. They describe application data including name, date and place of birth, a Spain address, contact details, bank-account information and DNI/NIE information where applicable. Cozmo may request identity and solvency documentation. The homepage contains an incomplete eligibility phrase beginning at age 23, but that screen does not safely override the contract wording. This review uses the 18+ contractual statement and flags the visible discrepancy; the active application and final agreement should be checked before proceeding.

There is no published fixed income amount, employment category, credit-score threshold or maximum age. The lender can approve, decline or request evidence after assessment and may consult debt/default databases. Meeting an identity or residence condition only permits a request; it does not create a right to credit. Do not submit documents through a copied form or unsolicited message: use the verified Cozmo route and read the legal and privacy information first.

Application, funding and repayment methods under the reviewed Cozmo documents

The application path is remote, but it has separate stages: submit data, complete identity and solvency checks, receive a decision, read the pre-contractual information and accept only if the terms are affordable. The current SECCI says funds are sent by bank transfer to the borrower’s own account within 1–48 hours after the contract is completed. The General Terms describe 24–48 hours. Neither is a promise of instant funding, and approval is not the same event as money arriving. Bank cut-offs and incomplete verification can affect timing.

The terms describe automatic debit of the card entered by the borrower at maturity. If collection is not possible, they describe payment by bank card, deposit or bank transfer using the required reference; they also allow repeated or partial card charges until the debt is paid. Homepage marketing mentions card, Bizum and bank transfer, but the contract and payment instructions are the safer source for a particular loan. Keep the payment reference, card mandate, receipts and the due date. A failed debit does not cancel the obligation, and a borrower who expects a payment difficulty should contact the named lender before the maturity date.

Early repayment, withdrawal, extensions and late-payment disclosures

Cozmo’s reviewed terms allow full or partial early repayment with prior notice. For an interest-bearing loan they describe a minimum of seven days’ interest; from day eight, the cost is reduced for the remaining term under the applicable agreement. The terms also describe a 14-calendar-day withdrawal right. A borrower using it must return the principal and accrued interest within 30 calendar days of notice. Neither right is a free trial, and the settlement amount should be requested in writing before a payment is made. The individual SECCI remains the document to use for the actual repayment calculation.

An extension is not automatic. At maturity, the terms allow a request that can extend the obligation for up to 180 calendar days from the original due date, with the cost and new date in the calculator or individual conditions. Late-payment disclosures also conflict. Article 14.2 says 2% per day on the unpaid amount, capped at 200% of principal. The current €500 / 90-day SECCI example says 0% daily late interest, a €7.50 late commission and debt-management costs, while retaining that cap. Do not assume either applies to every loan; check the final SECCI before acceptance.

Borrow Radar assessment: useful facts, unresolved conflicts and a safer decision process

The reviewed evidence supports several clear statements: Cozmo is a Spanish online consumer-credit route whose current General Terms and SECCI name Techorro Spain, S.L.U. as the lender; its documents describe remote assessment, account funding and card-based repayment. It also supports several cautions. The public amount markers, the 7–30-day term in the General Terms and the 90-day live example do not form a single universal product. The current SECCI’s €500 example gives a high total repayment, and its late-cost terms differ from the General Terms. Those differences should be a decision point, not a hidden footnote.

A written offer should be considered only if the total repayment can be met from reliable income on the actual due date after essentials and existing obligations. It is not a suitable plan for a persistent budget gap, a guaranteed-approval search or repayment with another high-cost credit. Compare less costly options first, then confirm the lender’s name, NIF, principal, total, TAE, payment schedule, extension price and late-cost clause in writing. Borrow Radar does not recommend Cozmo or promise approval; this review is a way to separate recorded evidence from an individual credit decision.

• Treat Techorro Spain, S.L.U., NIF B16403032, as the named contractual lender and confirm it in the live agreement.
• Do not turn the homepage, calculator markers, 7–30-day General Terms and 90-day SECCI example into one universal range.
• Use the current €500 / 90-day SECCI only as a disclosed example, not as a quote for every applicant.
• Ask which payment schedule and late-cost clause apply where the interface and contractual documents differ.
• Keep the final SECCI, agreement, payment mandate and support correspondence before accepting or repaying.

Cozmo.es FAQ

Question 1Is Cozmo.es a direct lender or a broker?

Answer

The reviewed General Terms and current SECCI name Techorro Spain, S.L.U. (NIF B16403032) as COZMO and as the lender. This supports a direct non-bank lender description rather than a broker or lender marketplace.

Question 2How much can Cozmo lend and for how long?

Answer

Current public materials conflict: the homepage says up to €500 for a first loan and up to €800 later, the calculator shows a €990 marker, the General Terms state 7–30 days and the current SECCI example shows €500 for 90 days. The individual offer controls.

Question 3What does the current Cozmo example cost?

Answer

The selected live SECCI example shows €500 for 90 calendar days at 1.5% daily, 2,950% TAE and €1,175 total repayable, with €0 issuance-channel commission. It is not a universal tariff.

Question 4Who can apply for a Cozmo loan?

Answer

The reviewed General Terms require a natural person over 18, with full legal capacity and permanent residence in Spain. Identity, account, solvency and debt-file checks may apply, and no approval is guaranteed.

Question 5How are Cozmo funds sent and repaid?

Answer

The current SECCI says bank transfer to the borrower’s own account within 1–48 hours after contract completion. The terms describe automatic debit of the entered card at maturity, with card, deposit or bank-transfer fallbacks if collection fails.

Question 6What happens if a Cozmo payment is late?

Answer

The sources conflict: General Terms state 2% daily on the unpaid amount, capped at 200% of principal; the current €500 / 90-day SECCI example states 0% daily late interest, a €7.50 commission and debt-management costs. Confirm the final SECCI.

Official sources used

Source record checked September 10, 2026. Prices, eligibility and approval remain dependent on the live creditor agreement.