4 Options On How to Assume Balance Car Loan Mortgage from Bank
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.
Step by Step Process in Used Car Financing with Banks and Private Lenders
When you buy a second hand car in the Philippines, your usual destination would be are those car dealers and showrooms where you can find used cars for sale. You try to ask if the dealer or seller would allow car financing. Well, they usually...