Reasons to Choose XCELSIOR
As a consumer you might feel that there is no way that you will qualify for a loan. This has all changed with XCELSIOR; our model offers affordable loans to people even if they are blacklisted or have a bad credit record, making it easier for people to get the money they need, when they need it.
If you are looking for affordable loans, XCELSIOR provides you with an opportunity to put your car up as security and benefit from an instant loan. We store your car in a safe location and will properly look after it until you have settled your loan and you get the car back, and since security is always a high priority for us, you can rest assured that we will give your car back in the exact same condition that you provided it to us.
An Easy Loan Process
Loan applications can usually be a tedious process, but we aim to simply this entirely. Our loan process is very easy and there is no paperwork involved. Customers can apply for a loan online from the comfort of their homes and the entire process will take only a few minutes to complete. There are no lengthy forms to complete and no list of required paperwork to send through to us. We aim to make the entire process as easy and stress-free as possible. Only when your loan is approved you will need to send a few documents to us for processing, which is a standard procedure, but even this is kept to a minimum.
As soon as we have received your application, our team will start with the assessment and you will hear back from us in less than an hour. We do not conduct background checks and affordability assessments like most banks and other financial institutions do, making it easier for people to apply. You can also come to our office if you prefer, or we can send out a member of our team to your home to assist you with your application. This means that you can get an instant loan approval the same day that you apply. This convenient service is thanks to our unique business model that was perfected over the years.
When your loan is approved, you will have the money transferred into your account the same day and usually within an hour, allowing you easy and immediate access. This is very convenient and also much faster than banks take to process new loans. When your loan was approved you will need to provide us with a copy of your ID and the original registration papers for your vehicle. You will then have to provide us with your vehicle; you can either drive the vehicle to us, or we can collect it from your home. It will then be directly taken to our storage facility and safely locked up until your loan is repaid.
Determining Your Loan
The amount of your loan will depend on the value of your vehicle and we will provide you with an amount between R5Â 000 and R500Â 000, at a maximum of 50% of the value of your vehicle. This means that you can get an affordable loan against your vehicle, which will be kept for security. In the event that you are unable to repay your loan, your vehicle will be sold via a reputable dealership, so that we can attempt to regain most of the lost funds. We might be able to extend the contract for you once, depending on the circumstances.
Affordable loans are definitely possible with XCELSIOR and our unique business model makes it possible for us to provide loans to a variety of vehicle owners, even if they are blacklisted or rejected by financial institutions. We aim to allow a smooth and easy application process and affordable repayment arrangements, so that our customers can benefit from our superior service and industry experience.
XCELSIOR specialises in affordable loans to customers. We are a registered financial services provider and we are based in Pretoria, Gauteng. Our loans are perfect for blacklisted customers as well, and payments can either be made at once or via monthly payments with interest. Call us today for more information!