Car Impound Cash Loan
If you need to loan a huge amount of cash in a short period of time, avail of our car impounding loan with Auto Loan Philippines.
Compared to car loan without taking your car or popularly known as the OR/CR loan, our car impounding loan lets the borrower get a cash loan faster in exchange for their auto vehicle as collateral.
Here at Auto Loan Philippines, we make it possible to process your application in just 1-3 hours. With car impounding loan, we have to take your car as a collateral. Your vehicle will be surrendered to the lending company, and you can avail a short-term loan as quick as 3 months.
This top collateral loan product here at Auto Loan Philippines has been the best choice by our clients because they can get a quick loan for their needs, mostly due to emergency needs. The interest rates for this type of loan may be higher than the OR/CR only loan, but again, you can get your loan easily.
For this type of loan, there are some fees that will be charged to you before you get your loan. We will never deduct the total loan amount to get fees for your application — we never charge you for our services; that’s how transparent Auto Loan Philippines is with your loan application process.
Apply for a car impounding loan with Auto Loan Philippines and we can assure you that we offer guaranteed lowest interest rates possible for your application. Our team of expert consultants can assess and appraise your application in just 24 hours — it’s that fast and easy!
Here in Auto Loan Philippines, we make loans simpler to understand for just about anybody. Our free, expert services are available weekdays, Monday to Friday, from 8:00AM to 8:00PM. We are partners and accredited by various lending companies in different parts of Metro Manila, Luzon, Visayas, and Mindanao.
Auto Loan Philippines guarantees convenience, fastest loan approval, and the highest appraisal possible for your vehicle with the lowest interest rate in the market.
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How Can We Help You
Auto Loan Philippines and its lending partners are always ready to process car impounding loans. There are certain conditions you should meet to qualify and the best thing you can do is to contact us or fill-up the form. We can pre-qualify you as quickly as possible.
- Fastest Cash Loan, Guaranteed 24 to 48 hours approval.
- OR / CR Collateral Only “Without Taking Your Car”
- Flexible choices and options for your cash loan.
- No agents fee or brokers fee. No hidden charges.
- 50+branches nationwide (Luzon to Mindanao).
Cash Loan Requirements
Source of Income
Lastly, we need to know your source of income.
For Employees: We need a copy of your most recent payslips (for 3 months). Presenting an ITR is a big advantage but not required.
For Business Owners: We need a copy of your DTI or SEC registration, Mayor’s business permit and 3 months recent bank statement.
For Property Owners: We need a lease of contract and 3 months recent bank statement.
For Freelancers: Any voucher, remittance receipts and 3 months recent bank statement.
We may require other documents from the cash loan applicant in case we found insufficiency on presented documents.