Cars are much more important to people than they might realize. A car provides freedom, safety and convenience on road. Moreover, in today’s ever demanding lifestyle a car pledge can help to cope up with various types of personal expenses such as home renovation, vacation, study, medical emergency, pay bills, wedding, etc. If you have good credit score and enough time then you can also opt for other loan options. Nowadays people from different walks of life who want quick access of fund and have low credit score often take car pledge and get the money in their bank within 24 hours after the valuation of the vehicle and verification of documents.
Shop for the best deal
Most of the reliable vehicle pledge companies lend money to car of all types, models and brands. Pledge pickup truck (รับจำนำรถกระบะ which is the term in thai) and deal with the financial emergency with dignity. Regardless of the type of loan you are taking it is important to get quotes from multiple lenders. Compare the interest rates in the market and check the eligibility and documents requirements. Some of the other aspects that can help you to take informed decision are
- Check the license and authenticity of the company
- Evaluate the quality of services and respond time
- Ensure the company take good care of the borrowers car and parking is supported by the company
- Confirm whether you will have to provide any additional security
Evaluate repayment ability
As in car pledge lender can sell the car if the borrowers fail to repay the amount on time hence before signing any contract read the terms and conditions carefully and avoid surprise or shock later. If you don’t want to lose your favorite car then evaluate your ability to repay the loan and also plan accordingly. You must also consider other financial obligations and debt repayment before car pledge. Stay away from artificially low interest rates or gimmicky schemes.
