The number of cars in Poland increases every year. This is influenced by rising salaries and the fact that the financial market in the aspect of car loans offers interesting solutions. Interestingly, non-bank institutions offer loans to people who have other financial liabilities.
Hurry up and Request the best car loan bad credit rating
Banks use a complicated customer verification procedure. In this aspect, the so-called “Four eyes principle” – that is, two people who decide to grant a loan. What’s more, the client must provide a number of documents, which significantly extends the process of applying for a bank loan.
In our company part of applying for a car loan is done online. In the first step, the customer completes the application form for the best car loan bad credit rating. Money is usually received within 24 hours of signing the contract.
Opel Astra the most popular used car
Poles value German automotive. The most popular car used on the aftermarket is the Opel Astra. Interestingly, in the list of the best-selling new Astra models comes second. In June 2017, 456 new copies were registered. The average price of a used car is approximately USD 23,946 with a mileage of 174 777 km. In turn, the average age of the car is almost 11 years.
Among the sales of new cars is Skoda, which is owned by German Volkswagen. According to forecasts, the market for new cars by the end of the year may increase by 500,000 registered copies.
Who can apply for a car loan?
Mr. Moto directs its offer to companies, self-employed and natural persons. The potential borrower must be at least 21 years old and not exceed 70 years. Interestingly, the customer does not have to provide income certificates.
Important – the lender can check the presence in the BIK, BIG or KRD databases. Mr. Moto offers loans from 6,000 to 100,000 USD. External financing is covered by 65% car values.
Those in debt will not get a car loan at the bank
Immediately after the renovation of the apartment, a car is the most common reason for taking out a loan. Banks in the car loan segment provide quite extensive services. Both companies and individuals can benefit from this offer. The loan amount is high and the interest rate is relatively low.
It should be remembered that the bank will carefully check the credit history of the potential borrower. A person who has not repaid their previous obligations on time is unattractive in the eyes of the bank. In the case of corporate loans, corporate finances, especially income, are of great importance. If the entrepreneur shows no profit, the bank will clear it. In addition, if the potential customer has other obligations, there is a good chance that he will not receive credit.
In the case of loan companies, the BIK score is not so important. Non-bank institutions attach the greatest importance to the financial liquidity of the borrower. If the client has a stable income and in the opinion of the lender manages to repay the liability, he will easily receive the loan.
A secured loan – a form of external financing
The company provides a special type of loan – car loan. Unlike bank mortgages, the customer does not have to specify the purpose of the loan. It is enough to have a car or delivery car (up to 3.5 t). Furthermore, the borrower may use the vehicle for the entire duration of the commitment.