Is Car Loan for me?
Getting a loan at a young age is not a simple matter. You need income certificates, credit history, permanent employment. And a young man, often the only valuable thing he has is a car. So why not use this fact in an urgent need? Car secured loan is a new product created for young members of society.
Who is Auto Cash for?
The car secured loan is for young people who do not have income certificates but have their own car. Older people who currently have no employment or have a poor credit history can also benefit from this financial product. Auto Cash Register is a loan for all car owners, aged 18-80.
What are the terms of the car loan?
Auto Kasa is a quick loan that does not require a lot of formalities. The only thing you need to have is confirmation that you are the car owner, current technical review and civil liability insurance. An important condition is the age of the car, for cars it is 12 years, while for delivery cars it is 8 years. A car loan allows you to apply for up to $ 100,000, it all depends on the value of your car. The loan amount cannot exceed 65% of the vehicle value.
Benefits of Auto Cash Register
A car loan is a relatively cheap financial product. Compared to other short-term loans, its interest rate is much lower. A positive aspect for people with a small amount of time is the low level of formalities, with this product we do not require certificates. The repayment time is another benefit for the borrower, as the repayment of the liability can be spread over 48 months.
The final terms of the loan depend on the assessment of the customer’s creditworthiness, date of payment of the loan and date of payment of the first installment. The granting of the loan depends on the result of the creditworthiness assessment.