Loan for your car

How it works Loan for car
In order to benefit from the service provided by Fast car loan, it is sufficient to meet the following requirements:
- That the vehicle is registered in Spain,
- That the person requesting the loan is the owner of the vehicle,
- Have up-to-date payment of road taxes,
- That the vehicle documentation is in order.
Giving all the possible facilities to the user, and making the process as agile as possible are some of the advantages that those responsible for Fast car loan try to reach the public.
With Loan portals everything can be solved in just 24 hours. That is the period that passes, in many cases, from the time you first contact the company until the loan money is available.
It is enough to communicate with one of the company’s advisers through its website and request the processing of the commitment of our vehicle. The final result of this management will be the concert of an appointment to take the vehicle to one of its facilities where an expert appraiser will carry out an in-depth study of it. An appraisal that is also carried out without commitments and that does not carry any obligation.
Once the appraisal has been carried out, the client receives an offer, with which he may or may not agree, but which in any case will never exceed 80% of the market value of the vehicle. This value is calculated based on various factors, such as the vehicle model, year of manufacture, condition, or sale price of similar vehicles.
Two options for pawning the vehicle
This appraisal marks a reference by which the rest of the process is guided. And it is that from this moment, the loan offer will be specified in a greater or lesser amount depending on the decision that its owner makes regarding the use of it. If your intention is to continue using your car, the amount that is made available to you will be less, and if you decide to leave it on deposit, you can obtain a greater amount.
Specifically, the maximum limits set according to each of the two options are:
- Vehicle in deposit: the maximum quantity offered can reach 80% of the appraised value of the vehicle
- Use of the vehicle: the maximum amount offered can reach 60% of the appraised value of the vehicle
After making their claims clear, if the client decides to accept the offer received, they must immediately sign the loan contract and receive the money practically instantly, or in any case, within a maximum period of 24 hours, being able to choose between various means payment as cash, transfer or bank stub.
Cool features
First of all, it is worth noting the possibility of continuing to drive the vehicle, an advantage that is no longer unique, but which is always worth taking into account, especially by people whose car is an essential part of everyday life, and who does not they could opt for this formula if this option does not exist.
On the other hand, the granting of the loan is not conditioned by the income level of the client, his credit history or his possible inclusion in some delinquency file such as Financial Credit Institution. All clients who meet the basic requirements mentioned above will enjoy the same conditions when requesting the processing of their loan. This, in practice, means that the obstacles to obtaining a significant amount of money are minimal, with all the positive that this implies.
It is important to note that Fast car loan places great emphasis on ensuring that their appraisals are always made on the rise, offering the client the highest amount in the entire market.
Finally, that the granting of money is not committed to being used for any specific purpose is another point in favor. The client will be able to avail the loan for whatever they want without having to enter justifications or present supporting documentation to receive it.
If you need money quickly Fast car loant is a good option. In addition, the agility of the process, that the quantity received can be significant, – both for the value of the car and for the appraisal, the flexibility of conditions and the few obstacles to obtaining it, constitute a package of advantages to be taken into account..
The only condition is that all the procedures related to the appraisal of the vehicle and the signing of the contract must be carried out on site at one of its offices, which can be a problem for those possible clients who do not reside near its facilities, which are currently They are located in Madrid, Barcelona and Valencia.