SECOND HAND CAR FINANCING
REQUIREMENTS:
1.) OR/CR
2.) 2 valid id of the borrower (clear photocopy)
3.) 2x2 pics - 2 pcs
4.) stencil of car - 6 pcs
5.) latest original electric bill (within 3 months)
6.) proof of income - (3 months payslips and certificate of employment)
7.) offer to sell
8.) 2 valid's id's of the previous owner
Monthly Interest:
Payment Method: post dated cheques
Payment Terms:
Downpayment:
txt or call me at this number
Business use only
SUN:
09224893241
or
COLLATERAL -CAR LOAN
BASIC REQUIREMENTS
1.) FILIPINO citizen
2.) must be 21-59 years old
60 yrs old above with SPA (special power of attorney)
if with collateral up to 65 years old
BASIC DOCUMENTS REQUIREMENTS
2 pcs of 2x2 pic,
2 valid id's (photocopy)
proof of billing (water and electricity)
(latest within 3 months)
contact numbers
Documented source of income
CAR LOAN(without taking your car)
Have a car and need quick cash? Get a fast-approved loan without leaving your car!
Do you own a car and need money for some additional expenses?
You don’t have to leave your car with us. Just leave us your original OR/CR (official receipt/certificate of registration) as collateral, and get a high appraisal for your car.
We can give 50% to 70% of your car’s market value. Just submit the complete requirements and you’ll get your loan application approved in just two days.
Requirements:
- Copy of Mayor’s Permit and Bank Statement, if with business
- Copy of employment certification and pay slip, if employed
- Latest picture of the car - Original OR/CR (to be submitted when the loan is released)
- Stencil of motor and chassis number from LTO Blue Form
- TIN of borrower
- Original community certificate
- Basic documentary requirements
Processing time:
48 hours for Metro Manila LTO registration
72 hours for Provincial LTO registration
Collateral: The original OR/CR/PDC
Monthly Interest Rate:
2.5% for vehicles 6 years or older
2% for vehicles 5 years or younger
2.5% for surplus vehicles, regardless of terms
Loanable Amount: P30k to P1M, based on 50% of the appraised car value
Payment Terms:
3 to 12 months standard
15 to 18 months with approval
Processing Fee: 5.5% + (one time only)
Processing Time: one day
Payment Method: Post dated cheques (just informed one week b4 if dili mkadeposit)