It is quite easy to get money on the security of a car by choosing a reliable car pawnshop. Loans are issued in large amounts, on transparent terms, without risks and refusals. Funding has no restrictions on the intended use. You can spend money on construction, renovation, travel, treatment, business support.
Why is it more profitable to take out a loan at a pawnshop
Anyone who first encountered the need to obtain a large loan cannot always decide where to go - to a bank or a car pawnshop. It is easy to solve the issue by analyzing several aspects:
- solvency, employment, level of wages;
- lending duration;
- required amount;
- urgency
Banks insure their resources by cooperating only with clients who can prove their reliability. Large loans are issued to persons with stable jobs, high official income. Car pawnshops protect assets by collateralizing a vehicle. If the client delays all terms, does not renew the contract, the car will be sold on account of the debt.
The banks have a large number of long-term programs designed for 10-30 years. Pawnshops conclude contracts for a month with the possibility of a slight extension. Due to the economic crisis and the unstable situation in recent years, non-earmarked bank loans have significantly decreased. Even getting 100,000 rubles is not easy. An advanced car pawnshop does not have such rigid restrictions. For example, Automotive House pays 95% of the market value of a car. The amount of lending can reach 5,000,000 rubles.
The decision-making by the bank manager is delayed for several days or weeks. The pawnshop staff requires a maximum of half a day. The probability of failure of the first is 70%, the second - 0% (subject to the conditions).
How to get a loan secured by a car
Depending on the policy of the pawnshop, certain requirements may be imposed on the car. General aspects - no arrest, no sales bans, good technical condition. Some companies clearly set the maximum age for a car. Loans are issued for cars, trucks, special equipment.
To draw up a contract, you need a minimum package of documents - a passport, TIN, STS, TCP. Additionally, permission from a co-owner or spouse may be required.
Based on materials from the site: zao-lombard
