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  1. #1

    Default Second hand car financing


    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)
    Last edited by dangelndisguise; 09-30-2011 at 02:52 PM.

  2. #2

    Default Re: Second hand car financing

    is it possible to get an approved car loan eventhough im still a student? both of my parents are working outside of the country. what are the procedures?

  3. #3

    Default Re: Second hand car financing

    unsa name sa inyo company sis?

  4. #4

    Default Re: Second hand car financing

    Quote Originally Posted by salotchick View Post
    is it possible to get an approved car loan eventhough im still a student? both of my parents are working outside of the country. what are the procedures?
    i need to ask that first

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