As a micro lender that specialises in a unique lending model using client vehicles, Pawn my car enables borrowers to use alternative mediums of accessing instant cash. Pawn my car believes pawning is an ideal lending model. A registered NCR institution, Pawn my car ensures there are no hidden fees and gives clients a fully transparent process.
By borrowing against their paid- up vehicles, clients are able to raise money the same day without having to fill out lengthy forms. With the correct documentation, the process could be done in less than an hour. The legal owner of the vehicle must sign the necessary documents and the amount loaned against the vehicle depends on the age, condition, service history, mileage, trade and dealer values and length of the loan. Interest rates are charged according to National Credit Regulator terms. With Pawn my car there are no credit approval processes and no payslip submissions.
There are a number of things the borrower can do to maximise the value of the loan. This includes having the service record handy, ensuring that the tyres are in good shape, ensuring that the spare tyre and jack are in the vehicle, ensuring they have the spare key and ensuring their licence is up to date.
For the duration of the loan, the client’s car is placed in storage. The entire process is handled discreetly and privately and clients are not charged early settlement penalties. Should the client fail to fulfil the terms of the agreement, Pawn my car will sell the vehicle to recover the debt.
Contact Pawn my car here: 0861 729 648.