Car Loan Philippines

Car Impounding Loan - 1 to 3 Hours Quick Cash Release

2014-12-31T22:00:00.000-08:00

Car loan 1 hour release has lately been getting very popular for many private lending companies and banks in the Philippines. The fact that this collateral loan is perfect to avail if you have a vehicle to pawn adds up to fast processing of this secured personal loan in the country. Furthermore, secured loans compared to unsecured non-collateral loans are processed much quicker for the simple reason that lending companies have lower risk and lower delinquency rate because the loan borrower have something that can be repossessed in exchange for not being able to pay for what the loan contract says just in case. In dire need for faster processing, the car impounding loan is best fit for cash loan borrowers. How to go over with the list of requirements will be presented to you later below.
In the meantime, just to give you an idea how much faster car impounding can come up with the cash, well, I say, as fast as 2-3 hours only. If you have what it takes, 1 hour at its fastest phase can very well be on the way. If you really need super quick cash, car impounding loan would be the right car collateral loan product for you.

Is It Hard to Compute for Figures with Car Loan Using Loan Calculator?

If you think that loan calculators are much harder to use for auto loan, you are wrong. From interest rates to fees and charges to initial loanable amount, it is easy to give you a computation for lenders. There are certain standards that lenders use to compute and give you an estimate loanable amount in exchange for using your auto as collateral. There are also fixed tables and base figures to use to come up with an initial possible loanable amount based from fair market value that is equal to the prevailing selling price of your car on the internet. Usually, the loanable amount that would give you the highest would amount to as much as 80% fair market value (FMV). With this set up, it is much easier therefore for most banks and private lenders to come up with a computation using the loan calculator standards.

Who May Avail Car Impounding Loan?

Basically, anybody who have a car that is fully owned can qualify to apply and avail of the car impounding loan. The only difference between the regular car loan to the impounding system is that the latter will oblige the vehicle owner to surrender the car for impounding by the lending provider while the first one uses the popular car loan without taking your car system of processing. The two pending questions in this case are, do you need super quick cash? and are you ready to leave your car to lenders in exchange for getting a loan?

By simple, easy-to-understand reasons, it would therefore be easier and much faster to get quick cash with the car impounding. You won't even need to have an income in this case to pass and be qualified to apply and avail super fast cash loan. In fact, a 2-3 hours and as fast as 1 hour cash release and turn over of proceeds might just be on the way if you avail thru impounding.

Requirements for Car Impounding Loan

Meeting qualification requirements is easy for this type of car collateral loan. All you have to do is make sure your car is fully owned or you have the necessary documents if you are the second owner of the vehicle. In this case, you have to possess 2 valid IDs of the previous owner and a duly notarized SPA or deed of (absolute) sale.

If the car is fully owned and is under the borrower's name, there is one more thing you need and that is to be ready to leave the car to the private financier.

Original OR CR of car
Car and car keys
No income required
No co-borrower needed
Those with own checking account will have the faster advantage for mode of payment thru PDC issuance. Don't worry if you don't have any because our loan provider will give you referral to affiliated banks.

For this type of collateral loan, you'll get the check to be encashed cash cold in bank as soon as the proper verification in LTO for your vehicle is done so it is strongly advised to have an alternate vehicle to use for transportation after you get the money. Otherwise, you'd have to go for a taxi.

Ask Your Loan Consultant Now!

Other types of Collateral Loans (without taking vehicle / property) We Offer:

To avail of free loan consultation, inquiry, assistance and processing and get low interest rates, please click here - CONTACT ME or use my contact numbers below.

Call me to apply for Car Loan – Sam Casuncad (Pinoy loan consultant)
home office phone: 542 7015 / 366 3645
Sun Cellular No 0932 – 872 5532
Smart Cellular No 0939 – 9269335
Globe No 0917 – 5019245
Email application form at info@loanph.com or samcasuncad.ofwcashloan@gmail.com

Use your Toyota Fortuner for Car Cash Loan Without Taking Your Car (OR CR Only) at Lowest Interest

2014-04-01T21:39:00.001-07:00

So you've got a Toyota Fortuner on hand, fully owned and you need instant quick extra cash either for business revolving fund, construction project funding source, business expansion or for payment of utility bills, tuition fee and other life needs. You've absolutely come to the right place. I serve free loan consultation and application assistance anywhere you may be in the Philippines where we have a catering branch provider. Call and ask me now.

But the problem is you don't know how to go through with the process of using that car to file for a collateral loan and you don't know where to go, who to approach and what is your better option.

Well, frankly, even if I work for different private lending companies in the Philippines I would like to first show you which is a better option in this case - a bank or a private financing firm?

First off allow me to enlighten you with the process of application for car collateral loan with a bank wherein basically, the same documentary requirements will be required from the borrower client compared to a private lending company. The difference really lies in the process and the pre-qualification requirements in order to be allowed or approved of your loan.

Banks basically need you to have a regular source of income which is almost the same with a private lender but the thing is with the higher loanable amount approval. As per experience being a loan consultant for 3 years now, banks will give you not 80% or 70% or 60% approval based from fair market value. Banks usually give you 40%-50% only which contrary to private lenders, an oozing 80% maximum approval awaits the loan borrower if and should he or she qualify to prove a convincing capacity to pay for the loan he or she needs or is applying for.

Meaning, if banks will allow you a lower loanable amount even if you have the capacity to pay, chances are, you will only get a minimal loan amount approval. The positive thing with banks is the interest rates which obviously are much lower including processing fees and other charges. But by experience, most loan applicants are after the fast approval, less processing hassle compared to super duper long process with banks and much more CI processes.

So by experience, private lending companies usually win over banks. This being so, you are awarded to a maximum 1 day release of loan with lowest interest rate for your Toyota Fortuner to be used as collateral in applying for a loan in the Philippines. Collateral loan offer a much lower processing fee and interest rates compared to non-collateral unsecured loans like a doctors loan or a seaman loan or bank personal loan.

So the next time you've got a Toyota Furtuner and you want to use it for collateral loan without taking your car, just buzz me up or give me a call at my contact details below and I'd be glad to assist you in the whole process of your loan FOR FREE!

Why Private Cars Gets Higher Loanable Amount Compared to Taxi or Public Vehicles

2013-11-12T04:56:00.002-08:00

Taxi Loan Compared to Private Car Loan

Owners of public vehicles or yellow plate cars end up getting a lower loanable amount and this is a fact. But very few vehicle owners would understand and comprehend with this issue. A client of mine a couple of days ago got to the office to apply for 500k loan for her Toyota Avanza 2012 taxi (yellow plate) with LTFRB franchise and guess what? The loanable amount was surprisingly very low at only 350k estimate loan proceeds gross compared to a previously approved private car loan using the same year model of Toyota Avanza 2012 which yielded more than as much as 420k.

The reason? It's so simple and easy to understand. According to my marketing manager, the influencing factor to a lower or higher loanable amount is the risk factor. A regularly traveling car (a public vehicle) poses much higher risk than a car that rarely gets out in the streets as a private vehicle with green plate. So basically, risk do play a big factor in determining the loanable amount of car loan upon application.

So the next time you opt in to apply for any lending company like banks (bank loan) or private lending company, make sure that you expect no less than getting lower loanable amount for a taxi than a private car, even if you have the same year model and same car make or brand, just like what I have posted above as an example. For personal loan comparison, please click here.

Car Loan Takeout to Prevent Foreclosure (Refinancing) - Don't Let the Bank or Financing Company Take your Car

2013-09-27T08:26:00.001-07:00

Little do many car owners or to the least those who have bought cars via bank financing or private financing that more often than not, they can prevent foreclosure of their priced possession. A car when financed would usually end up taken out by the legal department of a bank (usually) or a private financing when you fail to pay at a minimum to my knowhow as a loan consultant of up to only 3 consecutive monthly payments.

If you are on this, you are in real big trouble. You must outright ask for the advice of a professional or you will loose everything - the car you've always dreamed of and the money you used to pay for premium all those years and months of hard work.

Usually, what the owner would do to prevent the financing company to foreclose the car is to enter into agreement with the finance provider. It's either they surrender the car or pay the hard to come up penalties and charges. I had 3 clients whom I have previously assisted and I found out that banks would charge you with humongous legal fees and charges in the form of attorney's fee or lawyer's fee. One client would even curse the bank by charging more than 120 K alone for attorney's fee. Wow that must be so much greedy behind to take out so much penalty for the now almost impossible to pay principal premiums. Bottomline, the car will definitely end up in foreclosure.

Now how do you prevent this from happening? First off, ask a loan professional what you can do about this situation or better yet, I am telling it to you straight that you should consider knowing first hand prior to anything if you can still pay for your car loan under your financing. 2 months is enough in my knowledge to have as an allowance and thereby upon knowing that you can no longer afford, don't or never never never let the third month come. Ask for a car loan takeout. It will definitely help you get your car out of the bank or private financing and have it loaned or pawned to another financing with much lower interest and lower rate to pay for your premium. This way, you might still be able to afford to pay. Otherwise, opt in to have someone else to buyout your car from the bank or your financing. This will give you money instead of losing everything, the car and the money you've paid all those years.

How do you know exactly what to do next? Ask Me.

Taxi Loan - Car Collateral OR CR Only Without Taking your Car

2013-08-12T07:09:00.002-07:00

Taxi Loan in the Philippines? Ask Me Now!

Part of the Philippines car loan lending industry is to accept taxi loan. This is a collateral for cash lending where only the OR CR is the collateral. This is also a loan without taking your car so the borrower can still use the taxi to work out and be able to pay for the monthly loan amortization.

If you own a taxi whether it is a private franchise or with UV express, you definitely have a place to pawn (sangla) your taxi. You will need the same requirements as the regular car loan plus add to that a copy of the franchise of the taxi which will be needed for the approval of your auto loan application.

To apply, please be sure that your taxi is not encumbered with a private financing company or a bank. If this is your case, you may opt in instead of the taxi loan takeout or car loan takeout where the lending company will take out your taxi from your current financing and will give you the excess of the loanable amount proceeds. In this set up, you will be paying no longer to your financing, instead, you will be given by the lending company a computation of your new monthly taxi loan amortization wherein you will be given a certain amount of monthly payments including the interest rates and basic monthly loan amortization.

Visit this page for more information or contact me now for FREE consultation and assistance for your car / taxi loan application.

"DOWNLOAD CAR LOAN APPLICATION FORM HERE"

Call me to apply for Taxi Loan – Sam Casuncad (Pinoy loan consultant)
home office phone: 542 70 15
Sun Cellular No 0932 – 872 5532
Smart Cellular No 0939 – 9269335
Globe No 0917 – 5019245
Email application form at samcasuncad dot ofwcashloan at gmail dot com

Toyota Car Loan - Quick Cash as Fast as 1 Day Release

2013-08-10T18:42:00.004-07:00

Car Loan 1 Day Possible Release - Find Out How

In every fast processing of a car loan, there is always a secret to it. As a Pinoy loan consultant, I know how it works with lending company policies and pre requisites so I know how to handle a client if they wanted to opt in for a fast car loan application approval.

To tell you the truth, it is possible to have a car loan approved as fast as 1 day release. But of course all that will come only if the borrower is willing to oblige with the requirements and produce the right and correct documents needed for a car loan to be processed hassle-free and without stress to the applicant.

If you have a Toyota car, then it is much better. Why? Simply because it is easier for our account officers to provide or get the chassis number and body number of a Toyota car. This is one secret that makes your auto loan possible be processed within 1 day time span and for you, the borrower to get your loan proceeds much faster than you can imagine.

Please understand that some cars will take time to get the stencil alone. Some would even take, by experience up to 3 hours before our account officers can get the information in the LTO blue form.

On the other hand, if you have a car that is hard to get the stencil of the body number and engine number or either which of the two, it will definitely be hard to process your loan. But don't be sad because as I've said there is always a solution to a problem. No problem will ever exist if it doesn't have a solution. If you have this problem, you might as well get my guaranteed FREE ASSISTANCE AND CONSULTATION SERVICES.

To apply for a Toyota car loan, see the requirements first and go get the correct ones as it is required. Then from there, I will help you speed up you fast cash advance application processing. To apply, please contact me below.

"DOWNLOAD CAR LOAN APPLICATION FORM HERE"

Call me to apply for Car Loan – Sam Casuncad (Pinoy loan consultant)
home office phone: 366 36 45
Sun Cellular No 0932 – 872 5532
Smart Cellular No 0939 – 9269335
Globe No 0917 – 5019245
Email application form at samcasuncad dot ofwcashloan at gmail dot com

Used Car Loan Financing

2013-06-21T19:07:00.002-07:00

In the Philippines, many Pinoys are looking for used car loan financing. The advantage here is that you don't need to shell out big amount of cash if you want to buy second hand car. In Cebu for example, a previous car loan borrower asked me about how he could qualify to have a used car financed by the lending company whom I work for as a freelance loan consultant. I gave him all necessary list of documentary requirements and estimate loan interest rate via calculator as well as how much monthly amortization he needs to pay for a specific car model he intends to buy.

After the conversation, he prepared the documents and his initial down payment cash to the car dealer and presto!

Initial Requirements

Borrower must have a regular source of income either a business, an apartment, condo or house for rent (must submit contract of lease)
Borrower must also provide a co-maker with a regular source of income via presenting documents such as business permit if have a business, an employment certificate and 3 months latest pay slip as proof of income and 2 valid IDs.

Apart from these basic pre-qualifying important requirements, other documents are needed in order for the car loan financing application to be approved. But nonetheless, very easy to produce requirements will have to be submitted along with a completely filled up application form.

If you are one of those who are interested to apply for our second hand car financing because you want to buy a used car and you don't have enough money to shell out for the full payment of the car, then this type of car collateral loan is just perfect for you.

MY SERVICES ARE ABSOLUTELY 100% FREE

DOWNLOAD USED CAR LOAN FINANCING APPLICATION FORM HERE

For particulars, questions and inquiry, please visit my Contact Me page.

Auto Loan Financing Philippines - Refinancing or Car Loan Takeout

2013-06-21T05:18:00.000-07:00

So what is a car takeout? In the auto loan industry, this means that you have a car bought under a financing institution. It could be either a bank, a lending company in the Philippines, a car dealer who offers a car loan option for second hand cars or from a third party provider.

Having your car financed means that you paid only for the down payment and the third party financing provider will pay out the rest of the cost of the car either from a supplier for new cars or from a car dealer or repossessed car warehouse for a second hand auto.

Now we can't remove the possibilities that we sometimes have a hard time paying for the car loan financing premium. What can you do if you are in this situation? Simple. Have your car refinanced by another third party provider that allows refinancing of your car loan.

If you need this particular service, you can also call it car takeout. Here, the third party financing provider will take the car loan cost and shoulder it and pay it from your financing company and then, you get to pay the proceeds to the new third party provider for auto loan financing. They will just put additional interest to your premium provided you will be able to provide complete requirements and pass the pre qualification standards.

Most lending and financing companies in the Philippines in this case allows car takeout or auto loan financing (refinancing) if you have already paid at least 60% of the total car loan cost or if you have a car loan term of 5 years, you must have already paid at least about 2 years or more of your premium.

If you need any service for car refinancing or car loan takeout, don't hesitate to Contact Me.

MY SERVICES ARE ABSOLUTELY 100% FREE

DOWNLOAD AUTO LOAN FINANCING APPLICATION FORM HERE

Car Loan in the Philippines - Collateral, Second Hand Buy and Brand New Auto Financing

2013-06-18T04:20:00.002-07:00

Apply for Car Collateral Loan Philippines Now!

So there are just basically 3 types of car loan in the Philippines. The first one is car for cash loan. The second one is second hand car buy financing loan and brand new car auto financing.

Characterized today by fast loan system, the auto loan has already become a quick release loan for Filipinos in effect of professional loan consultants who are well versed with the preparation of documentary requirements and pre-qualification matters for the borrowers. This way, if you are not familiar with getting the service of a professional loan consultant, you ought to consider getting one. Certified professionals in the field can definitely help you with making you loan application be approved faster.

As a consultant based in Makati Philippines, I must admit I have seen this so many times and yet, very little or very few know that there are loan consultants who serve FREE Consultation and tips. And if you need one, take my services by visiting my Contact Me page.

"DOWNLOAD CAR LOAN APPLICATION FORM HERE"