Second Hand Car Loan Financing

Are you looking to buy a second hand car but is presently short of cash? Call Cash Loan Philippines now and we'll help you thru our Second Hand Car loan Financing. At Cash Loan Philippines' second hand car loan financing, you will only be required to pay 20% of the actual price of your chosen second hand car and we will finance the remaining 80% thru our second hand car loan financing. And to avail of the second hand car loan financing offered by Cash Loan Philippines, you need to provide us with the name and contact numbers of the dealer or seller of the vehicle and you must also submit the following car loan application requirements:

• Completely filled up Car Loan Applications Form
• Photocopy of the O.R./C.R. of the second hand car you wish to purchase
• Original and photocopy of TIN I.D.
• 2 original primary valid I.D.'s photocopied in one page
• Original proof of billing (electric or water bill) with the same address as the 2 valid I.D.'s
• Proof of income (3 months latest payslips and certificate of employment if employed; Mayor's Permit if with business) (3 months latest remittance receipt if with remittance from abroad with name of car loan applicant as the receiver of remittance and 3 months latest bank statement) (if with property for rent, must provide photocopy of contract of lease and 3 months latest bank statement)
• With own checking account for use as PDC is required upon release of car

Interest Rate - 1.3%

Accepted Car Models - 2000 or newer

Loan Term - maximum of 5 years or 60 months

At Cash Loan Philippines, we offer an interest rate of 1.3% for Second Hand Car Loan Financing at a very flexible car loan payment term of up to 5 years. And, our second hand car loan financing application assistance is offered for free. All you have to do is to prepare and submit all the documentary requirements listed above and wait for just 3 to 5 working days for the processing of your second hand car loan financing application to be approved.  

So if you are looking for a second hand car loan financing, you can get in touch with Cash Loan Philippines by sending us an email at maricarlapuz@gmail.com or call us at our mobile numbers 0997-508-4837 for GLOBE and TM subscribers and 0949-857-2250 for SMART and TNT. All inquiries we receive by calls or by email will be answered at the soonest possible time.

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