First off, as a professional loan broker or agent, I would like to remind future readers of this post to remember avoiding fictitious persons offering assume balance car loan. Recently, it has been all over the mainstream media and internet. There are syndicates posing in the car loan industry trying to lure people who are in dire need to avoid a possible repossession of mortgaged cars. These syndicate offers what is called “pasalo” or car loan assume balance. Stay away from offers of the same loan product but will have opt in for car impounding or surrender your car. Note that assume balance car loan is the same as an OR CR loan without taking your car.
[caption id="attachment_136" align="alignleft" width="128"] Car Loan Takeout[/caption] Our car refinancing offer (auto buyout or pay off) comes with multiple low interest rate options through our different top lending company providers from around the Philippines. We let these providers compete with each other indirectly through our loan...