With the current economy offering tough challenges, there are a lot of individuals who are finding it difficult to make ends meet. Budgets are getting increasingly tight and cash flow is not something that is available to everyone anymore. As a result, many people have also received a lower credit rating and this can make it very challenging to find loans or other financial relief. This has led to people asking themselves, how can I pawn my vehicle? The answer is easy; you can make use of a loan from XCELSIOR.
XCELSIOR offers loans to consumers, even if they are blacklisted. We are a registered credit provider and our short-term loans are ideal for anyone who owns a vehicle, like a car, truck or motorcycle. Unlike banks and other leading financial situations, we don’t do any credit checks or affordability assessments. We have a very unique approach and this is very beneficial to consumers who are blacklisted on various credit bureaus.
The Application Process
Our application process is very quick and paperless. Money can be transferred in your bank account in less than an hour and there is no lengthy process and administrative requirements to fulfil. We provide loans ranging from R5,000 up to R500,000 and this depends on the value of the vehicle that you offer as security. Our business model allows us to be the preferred short-term credit provider in South Africa.
To speed up the application process you can fill out a simple online form and one of our consultants will be in contact with you shortly afterwards. This means that you don’t have to visit a financial institution to apply for a loan and fill out tons of paperwork at a time. You also don’t have to undergo any affordability assessments, which is a huge benefit for a lot of individuals. If you have a vehicle as security, we can loan you cash.
As soon as we receive your application, we will quickly assess the vehicle that you gave up as security, so that we can determine the loan amount that you might qualify for. Based on this, we will provide you with a loan of up to 50% of the value of the vehicle. These vehicles can include cars, trucks, bikes, boats or motorsport vehicles. We can provide you with the loan amount in mere minutes, which means that our entire loan process is extremely fast and easy to complete.
Once your application has been approved, you will need to provide us with a few documents, including the vehicle’s original registration documents, as well as your ID document and proof of address. Your vehicle will be stored in a secure facility, which has security guards and an electric perimeter fencing. The premise is also under a 24-hour surveillance system, along with motion detector beam to safeguard your vehicle.
Your Vehicle as Security
When it comes to vehicles, people are often wondering how secure storage will be and you might be asking yourself, can I pawn my vehicle safely? The answer is yes. At XCELSIOR we make sure that your vehicle is stored safely and securely and you are welcome to make an appointment with us to view our facilities. Once your loan has been approved, you can deliver the vehicle to us or we can arrange for someone to collect it from you so that the process can be even more convenient. Your car will be driven directly to our storage facility, where it will be stored for the duration of your loan term, without anyone driving it.
In addition to storing the vehicle in a safe location, we are also insured with reputable insurance company and our insurance covers theft, fire, accident and hail damage. However, we always encourage our clients to maintain their own insurance policies for the duration of their loan with us.
You might be asking yourself, how can I pawn my vehicle? Look no further than XCELSIOR. We provide cash loans against vehicles, even to consumers that are blacklisted on various credit bureaus. This is a great solution for individuals who need financial assistance urgently, without having to go through a lengthy application process at banks and other financial institutions.