Auto loan
- Loan for secondhand car
- Loan for second-hand car of different brand in “Car Rent and Trading Company”
Loan for secondhand car
| Loan Conditions | |
| Loan amount | 2,000 – 50,000 USD |
| Loan term | 3-60 Months |
| Interest rate (annual) | 16%-24% |
| Securities | Purchased car or real estate |
| Contribution | From 30% in case of car as a security 0% - in case of real estate as a security |
| Purpose of loan | Purchase of second-hand car |
| Income amount | Salary – 400 USD Rent – 400 USD Dividend – 600 USD |
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Loan for second-hand car of different brand in “Car Rent and Trading Company”
| Loan Conditions | |
| Loan amount | 2,000 – 50,000 USD |
| Loan term | 3-60 Months |
| Interest rate (annual) | 18%-20% |
| Securities | Purchased car or real estate |
| Contribution* | From 30% in case of car as a security 0% - in case of real estate as a security |
| Purpose of loan | Purchase of second-hand car |
| Income amount | Salary – 400 USD Rent – 400 USD Dividend – 600 USD |
* In case of 30% (min 6,000 USD) contribution, loan is disbursed without income confirmation documents.
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List of documents required for receiving an Auto Loan
- ID Card
- Driving license
- Car invoice (in case of purchasing from auto house)
- Registration certificate (in case of purchasing from individual person)
- Income confirmation documents
- Salary/rent:
- * Documents certifying the income/rent agreement
- * The last 6 months bank extract from the current and card account
- * Statement of debt from the servicing bank
- Dividend
- * Extract of turnover for the last year from bank accounts
- * Profit and loss statement
- * Extract from the Public Registry (with founders structure)
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