FAQ on Loan Against Car Johannesburg
Loan Against Car Johannesburg Frequently Asked Questions.
What are the loan repayment durations?
Our loan repayment terms are as follows:
- 3 Months
- 6 Months
- 12 Months
- 24 Months
- 36 Months
How long does it take for the loan to clear?
Your loan application will be processed as soon as it is received and once we have processed your loan application we will notify you and you will have to approve the offer. Once you have approved the offer, we will ensure that you get your cash within the same day.
How old must I be to apply for a loan?
You have to be over the age of 18 years old in order to apply for a loan against your car. You can ask your parents to help you with getting the loan if your car is in your name.
How do you determine the amount I can get against my car?
We look at your current income statements and we look at the current value of your car, after that we are able to determine an affordability rate which is the basis of how we determine how much we offer you.
How can you ensure my loan will be approved?
The only we can ensure that you loan is approved you have to provide us with the following:
- Proof of Car Ownership
- Verifiable Personal Identification Documents
- Latest 3 Months Bank Statements