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CAR LOAN - Chattel Mortgage or Impounding

CAR LOAN - Chattel Mortgage or Impounding Loading image. Please wait
 
 

Advertisement Details

Classification:   
Location: Metro Manila - Makati City
Address: Makati City
Date Posted: Apr 11 2009 01:09AM

Advertiser's Details

Posted by: loanprovider (0) OFFLINE
Rating:
Location: Metro Manila - Makati City
Contact no.: 0929-537-4324
I prefer to be contacted through Email
Inquire through
Inquire through



Tags: car loan,  chattel mortgage,  mortgage loan,  car loan financing,  car financing,  

Description

Immediate CASH for Immediate NEEDS !!!

  Without Taking your Car !!! “ 

-------------------------------------------------------------------------------------------------------------------------

 

LOAN  GUIDELINES  - Car Loan  ( Chattel Mortgage )

 

Basic Qualification Requirements 

  • Car models 1991 up
  • Mayor’s permit or Bank statement if with business
  • Copy of Employment Certification & pay slip, if employed
  • Latest picture of vehicle
  • Original OR / CR upon release of loan proceeds
  • Stencil of Motor & Chassis No. from LTO Blue Form
  • TIN
  • Original Community Certificate ( Cedula )
  • Co-Maker not required

 

Basic Documentary Requirements 

  • Completely filled-up Application Form
  • 2x2 Pictures of signatories ( two copies )
  • Photo of two (2) valid ID’s                                                                                          ( Company ID, Passport, Driver’s License, SSS, Voter’s ID) etc.
  • Proof of Billing   (Latest Electricity & Water)   ( If billing statement is NOT in the name of the Company/Borrower; attach any billing statement under company/Borrower’s name with same address).

COLLATERAL               :   Original OR / CR  & PDC’s                                    

INTEREST RATE           :   6 years above  - 2.5% per month                                                                                                                                         

                                                5 years below   - 2% per month

                                                Surplus vehicle 2.5% regardless of terms
PROCESSING FEE         :    5.5%                                                                      

LOANABLE AMOUNT  :   PhP 30,000.00 – PhP 1,000,000.00                                                

                                                ( 50% of the appraisal value )


TERMS                             :    3-12 months payment term /

                                                15-18 mos. subject for approval  

PROCESSING TIME      :    48 hours RELEASE ( Metro Manila LTO Reg. )

                                                 72 hours  RELEASE ( Provincial LTO Reg. )      

 

==========================================================

 

LOAN  GUIDELINES  -  Car Loan  ( Impounding )

 

Basic Qualification Requirements 

  • Car models 1995 up ( accepted models: Honda, Toyota, Mitsubishi, Nissan, & other leading brands
  • Original OR / CR ( Registered owner is borrower )
  • Latest PNP / TMG Clearance
  • Tax Identification Number
  • Original Community Certificate ( Cedula )
  • Co-Maker not required

 

Basic Documentary Requirements 

  • Completely filled-up Application Form
  • 2x2 Pictures of signatories ( two copies )
  • Photo of two (2) valid ID’s                                                                                          ( Company ID, Passport, Driver’s License, SSS, Voter’s ID) etc.
  • Proof of Billing   (Latest Electricity & Water)   ( If billing statement is NOT in the name of the Company/Borrower; attach any billing statement under company/Borrower’s name with same address).

COLLATERAL               :   Car impounding

INTEREST RATE           :   5.5% per month

                                               One month advance ( less to proceeds )


PROCESSING FEE         :    2.5% of approved loan amount

                                                Php 1,000.00 storage fee per month ( 1 month advance

                                                for the first month ) less to proceeds ( Storage fee to be

                                                paid by client for the succeeding month.

                                                PhP 2,000.00 for LTO Verification  /  Good will
                                               

VALUATION OF VEHICLES  :   Model 1995 up  - Maximum of 70%

TERMS                             :    3 months payment term /

                                                15-18 mos. subject for approval  

PROCESSING TIME      :    1 DAY  RELEASE ( Metro Manila LTO Reg. )

                                                 72 hours  RELEASE ( Provincial LTO Reg. )                                                                    

 

For more information, please contact:  

MR. BUDDY RAMOS

0916-353-8529 / 0929-537-4324                                                                                          

Telefax No.   728-3469                                                                                                   

 Email Address:   loanprovider496@yahoo.com.ph

 

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