Many people are familiar with situations when money is urgently needed. The best solution to such a problem would be to issue a loan secured by auto . In this case, vehicle owners can receive up to 80% of the market value of the vehicle, leaving it at their disposal.
Credit options and conditions
A loan secured by a vehicle is issued in hryvnia without reference to a currency, which avoids currency risks when the exchange rate changes. Such lending involves two options for the placement of transport. If the car remains at the disposal of the owner, and not the credit company, then the loan rate is 1% higher and ranges from 4.5% per month. The loan is issued for a period of 3 months to 5 years. At the same time, the borrower can repay the loan ahead of schedule at any time, saving on interest payments.
Benefits of Lending
The main advantage of obtaining a loan secured by a vehicle is its simplicity and efficiency. Borrowers do not need to collect a large list of documents and look for guarantors. The loan is provided without a certificate of income, and an individual approach is applied to each borrower. To apply for a loan, the borrower only needs a passport and an identification code. The loan is issued in the shortest possible time. Registration of an application and receipt of funds takes no more than two hours.
The loan company works with blacklisted borrowers. Therefore, clients who are not lent by banking institutions can apply for a loan. One of the main advantages of working with a reliable financial company is the honesty and transparency of the loan. Borrowers can see the real rate at a glance, without hidden fees and fictitious shares. When applying for a loan, clients immediately receive a schedule of future payments in their hands, which allows them to accurately plan their budget.
