Car impounding loan is the only type of car collateral secured loan offer that can give you the fastest turnout of cash loan proceeds. Compared to car loan without taking your car or OR CR loan using car title, this offers fastest of 1 hour cash loan release by pawning your vehicle.
Comparing the two – impounding can come up with possible loan release in just 1-3 hours fastest during off peak client hours. OR CR loan without taking your car on the other hand can only give you as fast as 1 day release loan. So this is perfect for those of you who are in need and needs it fast! Add to convenience the very minimal requirements needed to submit to qualify. How and where do you apply? See our own simple 3-step process below.
Simple 3 Step Process in Applying for Car Impounding Loan
Undergo 1-3 minute pre qualification interview.
- If you qualify, prepare all documentary requirements and set up an appointment with our provider lending company. (see providers list below)
- Bring the car for stencil / appraisal / physical and ocular check up as well as all documents and your car keys plus basic requirements
Who Qualifies to Apply for Car Impounding Loan?
- Anybody who had a fully owned car (not under financing or mortgage and not encumbered to other lending companies or banks)
- Bank car loan takeout / buyout payoff balance allowed to avoid foreclosure of vehicle but must opt in for impounding.
- Muslim brothers
- Bad credit status borrowers
- Creditors with c map and cannot qualify to apply with banks
- Media personnel
- Military personnel
- Police personnel
- Borrowers without income
- Declined bank applicants
- Borrowers with SPA but minimal requirements
- Borrowers with (absolute) deed of sale and second owners
- Over aged or senior citizen borrowers
- Borrowers with court cases
- Borrowers with unpaid credit cards and sum of money cases
- Borrowers with SPA under red ribbon or notarized SPA whose original car owners are here in the Philippines
- Borrowers declined and disapproved from application with bank or other lending companies
- Those who need quick cash out of bridge financing
- and more that you don’t expect…
Requirements for Car Impounding Credit
- Original and updated car OR CR (Official Receipt / Car Registration Receipt)
- Original and updated electric / water / PLDT / cable / post paid cellphone bill or any utility bill under borrower’s name.
1 co maker who lives in own house / relative house or ancestral house or free use house.
- Borrower must bring the vehicle for stencil and physical check.
Those who don’t have own checking account will be referred to affiliated bank by the lending company.
Different interest rates and charges will be computed to you by the owners of the lending company themselves upon a pre-approved loanable amount is finalized. This is given after physical check, engine run, test drive by their mechanic.
Fear not about the charges, everything else will be disclosed to you outright via their own loan calculator which will be shown and listed in a small piece of paper and will be handed to the borrower. We guarantee you less charges (for reasons that you will surrender your car) and hassle-free car impounding loan application. There are no hidden charges applied.
home office phone: 366 3645 / 542 7015
Sun Cellular No 0932 – 872 5532
Smart Cellular No 0939 – 9269335
Globe No 0917 – 5019245
Email application – info@email@example.com or firstname.lastname@example.org