Getting money secured by the property is a popular way of loans. Someone mortgages an apartment, house or plot. However, banks often refuse to approve these types of loans, and other financial institutions can easily leave a person without money and a roof over his head. A much more advantageous option is a loan secured by PTS because it allows you to get money in a short time in comparison with the same banks, where the process will take several days. California Payday Loans
Why a loan secured by a car PTS is so popular
This method of borrowing money has become the most popular among car owners, as it has convenient conditions for the transaction and quick processing. A loan secured by a PTS car is also beneficial to financial organizations because they are a guarantor. Also among its advantages are:
- Fast decision making by companies;
- Maximum reduction of overpayments through a low-interest rate;
- The ability to receive a large amount of money, which depends on the condition and the estimated value of the car;
- Pledge for commercial vehicles category B.
Financial organizations look less at the credit history when the borrower issues a loan secured by a car because they have a guarantee that he will pay on time – this is the passport of his technical means and spare keys, which are transferred to the lender when concluding an agreement. Payday Loans California
How to get a loan secured by PTS on the card
There are several options for transferring money from the lender to the borrower:
- Receiving in person at the office;
- Transfer to a bank account or card.
Everyone chooses the most convenient method for themselves, but in the modern world, most transactions are performed online without using cash, so the second option is preferable. For its implementation, when drawing up an agreement, the method of issuing funds to the borrower is discussed separately.
Usually, the borrower receives money on the day of signing the agreement, less often it happens the next day. But a loan secured by PTS online is aimed at the maximum possible acceleration of all transaction processes.
Is it possible to speed up the process of obtaining a loan secured by a vehicle PTS
If earlier, in order to receive money, you had to go to the office and submit an application, and later return there to sign an agreement, now, thanks to the development of technologies, it has become possible to do half of these actions in a few clicks.
For example, on the website of the European Express Credit company, there is a convenient calculator, with its help you can understand the approximate amount. And also on the site, there are all the conditions that must be met to receive money and a form that allows you to fill out an application for a loan secured by PTS online. This saves a lot of time for car owners in the capital. Payday Loans Services
The company guarantees quick consideration of the application and making a decision, which turns out to be positive in 96 cases out of 100. Many car owners entrusted it with technical equipment passports and received up to 90% of the market value of their car. Registration of the application does not take more than 5 minutes, and the assessment of the car by an expert and the conclusion of the contract will take just half an hour. This made the company popular in the field of PTS-secured loans in Moscow and St. Petersburg.
What is needed to draw up an agreement for a loan secured by PTS on the card
This type of taking money from financial organizations differs from the rest because, in order to obtain approval from the lender and conclude an agreement, only a few simple conditions must be met:
- Show vehicle passport, STS, driver’s license;
- Be an adult citizen of the Russian Federation;
- Provide a class B passenger car or commercial vehicle that is in good working order.
After completing the application, it will be necessary to meet with a representative of the organization – a special expert, he will objectively assess the appearance and condition of the car, take photos. Then the company will decide on the amount it is ready to provide to the borrower. Next, a contract is signed, spare keys and a vehicle passport are transferred to the lender, and the money goes to the client’s card or current account.
It is best to trust in such a matter professional with extensive experience and experience in the market, which has a large number of satisfied borrowers. Getting a loan secured by PTS in Moscow or St. Petersburg has a great chance to be left without money and a car, so you need to be careful when choosing an organization to contact. European express loan has shown itself to be one of the most reliable companies. Therefore, applying for a loan secured by PTS to her is not only profitable but also safe.