Apart from truck, taxi, tricycle, multicab, van UV express and wheeler trucks, Pinoys can pawn private vehicle today via OR CR sangla. With the use of this loan program called OR CR loan, a non public utility vehicle (PUV) can now be used as collateral to get cash. This option to come up with funds may also be called “car loan without taking your car“. Today, people call it with different names. There are some who labelled it as car prenda especially in Cebu, Davao and other Visayas areas. But in Metro Manila and other nearby provinces, this is popularly called as simply car loan.
As a top loan agent and consultant for both banks, private lending companies and private financiers for fast loan in the Philippines, I have learned so many important things to consider when applying for car loan. Whether you are buying a brand new car, applying for 2nd hand car financing or using auto as collateral to get loan, there are ways to make it easier and faster. Summing them all up, I would like to give you the 5 most important factors to consider when applying for car loan. These factors is always a must to think about before any move to submit documents to process an application. Please note […]