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2nd Hand Car Financing

 

Down Payment required: 20 to 50%

Processing time:  within 5 Days

 

Interest rate:

• 2 yrs payable – 1.3% per mo.

• 3 yrs payable – 1.5% per mo.

• More than 4 yrs payable – 1.75% per mo.

 

We Finance models 2000 and up (Japanese & Korean Cars only; NO surplus units)

• models 2009-present / payable up to 7yrs

• 2005-2008 / payable up to 5 yrs

• 2000-2004 / payable up to 2 yrs only

 

REQUIREMENTS

 

Seller: OR/CR; 2 valid IDs and Offer to sell

 

Buyer:

  • 2 valid IDs

  • Proof of Billing

  • Proof of Income / Capacity to pay

    • Employed - Cert. of Employment & Compensation; Latest Payslips & Payroll Bank Statement 

    • Business Owner - Latest Business Permit & Latest 3 mos. Bank Statement 

    • OFW Allottee or Beneficiary - Latest 3 mos. Remittance slips & Bank Statement

    • OFW - Contract of Employment; Latest Payslips & Remittances; Latest 3 mos. Bank Statement

 

Note:

  • Buyer pays the Car Dealer/Seller the down payment and we will pay the Car Dealer/Seller the remaining balance in Full as soon as the Loan Application is approved.  Buyer will then pay us the remaining balance on installment basis by issuing us Post Dated Cheques.

  • Car value will also be subject to our actual inspection and appraisal.

  • Buyer shall pay the FEE - 8% of the Loanable Amount. The said fee will cover the following: Chattel Mortgage Fee; Loan Redemption Insurance; Documentary Stamps; Notarial Fee; Processing Fee)

  • Details listed here may change without prior notice.

 

Contact:

Harry Javierto

Tels. (02) 6683366; 6683357; 0949 955-5254; 0935 708-6595

Website: www.afcloans.net  / email: info@afcloans.net

ASIAN FINANCIAL CONSULTANCY ( AFC )

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