Our short checklist lets you know whether a vehicle title loan is for you:
- Do you have an urgent or important financial need, a bottleneck or an important project? For normal consumer financing, it might be a bit cumbersome or expensive.
- Are you the owner of a fully paid vehicle which you do not need for few weeks or months?
- Are you confident of being able to redeem the vehicle afterwards?
- Does the vehicle currently have no finance owing ?
If you have answered most of the above questions with Yes, the vehicle title loan is a very practical solution, and it comes without risk of excessive debt.
What are the requirements for a Cash In Hand loan?
You must be the owner of the vehicle you wish to use as collateral. We cannot accept vehicles that are subject to a lease agreement or any other restriction of title.
In the case of company cars, we require written authorisation from the company management and a current extract from the Commercial Register.
There must be no restrictions in the vehicle registration documents.