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Thursday, March 4, 2010
Car Loan (OR/CR as collateral)
Requirements:


- Car Models 1991 up.
- Copy of Mayor's Permit & Bank Statement if with business
- Copy of COE and 3 months payslip if employed
- Latest picture of vehicle
- Original OR/CR upon release of loan proceeds
- TIN
- Original CTC
- P250K up approval comprehensive insurance
- Photocopy of 2 valid IDs (company ID, passport, driver's license, SSS, voter's ID)
- Proof of Billing (Meralco, water) - doesn't need to be under your name as long as it is the same as with your submitted valid ID
- Co-maker not required

Loan Interest Rate (Add-on per month): Car 6yrs above - 2.5%
Car 5 yrs below - 2%
*surplus vehicle 2.5% regardless of terms


Loan Processing Fee:
Metro Manila: 5.5%
Province: 5% + P200

Loanable Amount: P30K to 1M (50% of the appraised value)

Loan Terms: 3-12 months
15-18 months (subject for approval)

Mode of Payment: PDC*

*we will provide you PDC if you don’t have one. Opening balance of 1 thousand pesos (can be used as last payment for loan in case applicant does not want to renew)
posted by FAST EASY LOANS PHILIPPINES @ 2:40 AM  
9 Comments:
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  • At February 2, 2015 at 7:47 AM, Blogger Anna Schafer said…

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  • At March 8, 2017 at 11:47 AM, Blogger Quick Business Loan said…

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