Q: What is car financing?
A: Auto financing is a way to get a loan to buy a vehicle. The lender lends you money to buy the vehicle and you repay the loan with interest over a set period.
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Q: How do I get auto financing?
A: You can get auto financing by completing an online application or by visiting one of our offices. We assess your application and, if approved, we will provide you with a financing offer.
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Q: What are the requirements for getting car financing?
A: To get car financing, you must be at least 18 years old, have a stable income.
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Q: What is the maximum amount I can borrow?A: The maximum amount you can borrow depends on your income, credit history and the vehicle you wish to purchase.
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Q: How long does the application process take?
A: The application process may vary depending on your situation, but it can take as little as a few minutes if you complete an application online. Once your application is approved, you can get funding within 24-48 hours.
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Q: How does the refund work?
A: Repayment is bi-weekly payments. You have to make the payment every two weeks on a specific date. The payment will include the loan principal and interest.
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Q: Can I repay the loan early?
A: Yes, you can repay the loan early without penalty. However, you must ensure that you understand the terms and conditions of the loan before signing it.
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Q: Can I get car financing with a bad credit history?
A: Yes, we review each application individually. We are specialised to work with clients with a less favorable credit history.
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Q: Can I choose the term of the loan?
A: Yes, you can choose the loan term according to your financial situation and repayment capabilities. We offer short and long term loans.
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