Today, there are many loan companies that have the potential to offer quick cash with virtually no certificates. On the internet, there are lots of ads for parabanks offering free payday loans, loans for proof and other types of benefits. However, when we analyze all offers, we will certainly say that despite being easy to apply for, they are not so easily available. First of all, customers are often verified in their business bases and must have adequate creditworthiness to be able to settle their liabilities. What’s more, loans are only granted to those who have their own bank account and email address. It is worth adding that the higher the amount you are applying for, the lower the loan granting can be. Is there another solution that will provide us with quick cash without having to have your own bank account and creditworthiness?
Loans secured or the simplest way to cash
In reference to the question put in the introduction, the answer is yes. It is enough to be the owner of the car with the current technical examination and purchased the liability policy, and you can apply for a loan in . The company offers loans against the car, the amount of which can reach up to 50% of the value of the vehicle. Not only that, the car remains with the owner and there is no requirement to re-register it. The main advantage of this undertaking is a quick decision on granting the loan, taken even within a dozen or so minutes and the payment of funds in hand from the company’s representative. Fast, simple and convenient!
What are the requirements to apply for loans secured
The most important requirement is that the person applying for secured loans must be the owner of the vehicle in question. The age of the vehicle constituting the pledge is not significant, but it must have up-to-date technical research. In addition, the borrower is required to present an identity card, registration document, vehicle card and liability insurance policy. The owner of the vehicle must also take into account the fact that the loan amount is directly dependent on the technical condition of its means of transport. It should also be remembered that a car secured by a loan can not be covered by a loan or other encumbrances (other types of collateral and pledges).
The main advantages of a loan secured
It is worth presenting the pluses of car loans, including:
- the possibility of obtaining a larger loan amount than traditional non-bank companies offering online payday loans
- quick loan decision and quick withdrawal of funds
- no account required
- the borrower does not have to provide additional documents other than those relating to the vehicle itself
- no need to re-register the car, which remains with the owner
A collateral loan has many advantages, much more than traditional loans.
Applying for a loan against collateral
The first step is to fill in a simple contact form located on the website. As soon as the company representative receives the completed application, he will contact the customer by phone and collect the loan details together. During such a conversation, the vehicle registration document should be prepared. The final stage is the personal collection of money at the Autogotek point and leaving the vehicle card for the time of repayment. The company does not verify its clients in BIG and BIK databases.