Car Loan with only O.R/C.R. as collateral

Short of cash? Well, if you have a car model 1996 and up and you need extra cash, then you can apply for a Car Loan thru Cash Loan Philippines. And with Cash Loan Philippines' affiliation with many lending companies, you can have the extra cash you needed by applying for a car loan thru Cash Loan Philippines using only your O.R./C.R. as collateral. For you to qualify for a car loan with only O.R./C.R. as collateral at Cash Loan Philippines, you must satisfy the following conditions:

• Owner of vehicles model 1996 and up whose O.R./C.R. is under the borrower's name
• Those who are looking for a second hand car financing
• Those who have their car thru bank financing or other financing institutions and have already paid at least 60% of the car's actual value (requires statement of account from the bank or financing institution where the car was bought).

For fast approval of your car loan at Cash Loan Philippines, car loan applicants must submit all of the following basic car loan application requirements:

• Completely filled up application form
• 2 valid I.D.'S (photocopied in one page)
• Stencil of motor & chassis number in LTO blue form
• Copy of OR/CR, original CTC/cedula, TIN number
• Latest photo of vehicle
• Proof of income
• Mayor's Business Permit/Barangay Business Permit if you have a business
• latest 2 month payslip if employed
• 3 months remittance receipt or 3 months latest bank statement if with remittance from abroad

Note: Additional documents may be required by the lending company

At Cash Loan Philippines, we offer free car loan application assistance and consultation services. And with our affiliation with many top lending companies, we can assure that you will get the best car loan deal available. Listed below are the advantages we offer our car loan applicants:   

• Low interest rate of only 2% - 2.5%
• A loanable amount offer of 50% to 80% of your car's fair market value
• No C.I. or B.I. needed
• Very flexible car loan payment term options (3, 6, 9, 12, 18, to 24 months)

Car Loan processing time
48 hours release (Metro Manila LTO release)
72 hours release (Provincial LTO release)

Collateral
Original O.R./C.R.

Interest Rate
2% - for car model 2003 to 2012
2.5% - for car model 1995 to 2002

Processing Fee
5.5%

Cash Loan Philippines is currently accepting all kinds of vehicle (PUV/PUJ/Taxi/Tricycle) with deed of sale but limited up to 2nd ownership only. If you are the 3rd owner of the vehicle, you need to transfer the O.R./C.R. to your name before your loan can be processed.

For private vehicle owners with deed of sale, ownership must be transferred in your name before your cash loan can be processed.

So call Cash Loan Philippines now and avail of our free car loan application assistance and consultation services. Our mobile numbers are:

0997-508-4837 for GLOBE and TM
0949-857-2250 for SMART and TNT