Sunday, July 26, 2015

Jeepney for Cash Loan

For PUJ owners who needs extra cash, Cash Loan Philippines together with lending companies we are affiliated with, are now offering Jeepney for Cash Loan wherein you don't need to show proof of your source of income (but haveing a regular source of income is an advantage) or leave your PUJ's at the lending company as your collateral but instead, you only need to present your PUJ's original O.R./C.R. and only surrender it upon release or your cash loan. Yep!!! That's right!!! You can now apply for a cash loan using only your O.R./C.R. as your collateral.

Before we can proceed with your Jeepney for Cash Loan, we at Cash Loan Philippines needs to be sure that you are qualified to apply for the said Jeepney for cash loan. Listed below are the Pre-Qualification Requirements you need to satisfy before we can assist you on your Jeepney for cash loan application:

  • Must be Filipino citizen
  • Vehicle must be fully owned and OR CR must be under the borrower's name
  • Age of client must 21-59 years old upon loan maturity
  • If 60 years old and up, a Special Power of Attorney (SPA) will be required
  • Having a stable source of income is an advantage
  • Must have a residential telephone or cellphone number

If you meet all the pre-qualification requirements listed above, Cash Loan Philippines can now assist you on your Jeepney for cash loan. So, you need to prepare the following basic documentary requirements for submission:

  1. Completely filled up Application Form
  2. 2x2 picture (two copies)
  3. Photocopy of 2 valid IDs (any ID with picture & signature, preferably government-issued)
  4. Latest Proof of Billing (Electric or Water only, even if not under borrower's name)
  5. Latest Proof of Residency (NBI or Police Clearance)
  6. Sketch of Residence
  7. Original and Photocopy of Updated O.R./.CR. 
  8. Original and Photocopy of Updated LTFRB franchise certificate
  9. Stencil of the vehicle (done by lending company staff)

CO-BORROWER REQUIREMENTS: (in case needed) (Spouse)

  • Marriage contract (if married)
  • Proof of income (if any)
  • 2 valid primary IDs

For a better understanding of the Jeepney for Cash Loan offered by Cash Loan Philippines, we have listed below the important details that jeepney for cash loan applicants need to know.

Loanable Amount 

30K to 150K depending on the year model of your jeepney, actual condition, assets inside, type of engine used, and size of the jeepney

Processing Fee

4% + P150 (Metro Manila)
4% + P200 (Provinces)

Jeepney for Cash Loan Processing Time: 1 to 5 working days

Interest Rate: 2% to 2.75% add-on per month

Loanable Amount: P40,000 to P150,000

Jeepney for Cash Loan Payment Term: Maximum of 12 months

At Cash Loan Philippines, we do not charge our loan applicants any amount for the loan consultation services and loan application assistance that we provide. All the lending companies that we are affiliated with gives us commission based on the amount of loan we helped get approved for a loan applicant. So you see, it is in our best interest to help you on your loan application the best way we can and the sooner your cash loan application gets approved the sooner we can earn our commission.

For those who have question regarding the jeepney for cash loan we offer, or you think you'll have problems with some of the documentary requirements you need to submit for your cash loan application, it is best that you inform us right away so we can help you find a proper solution. Remember, Cash Loan Philippines is affiliated with many top lending companies that are willing to accommodate loan applicants like you and we at Cash Loan Philippines are always happy to entertain your inquiries any time. Just give us a call. Our mobile numbers are 0997-508-4837 for GLOBE and TM subscribers and 0949-857-2250 for SMART and TNT and our email address is maricarlapuz@gmail.com. So call us now!!! We'll be very glad to hear from you and we look forward to assisting you on your jeepney for cash loan application.

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