If you are thinking that loans don’t come cheaply or easily, think again! XCELSIOR specialises in cheap loans and all you need in order to qualify is a paid-off vehicle. Anyone who needs a loan and doesn’t want to apply at their local bank or lending institution, doesn’t qualify for approval, or fails the relevant credit checks can take out cheap loans against their vehicle.
What sort of vehicles are we talking about? Any vehicle that has been paid off and is in your name, and these include cars, motorbikes, trucks, SUVs, bakkies, and jet skis, to name a few. We aren’t demanding about our cheap loans either – not in the least! We aren’t going to make you stress over red tape and paperwork or put pressure on you to prove that you can repay the amount loaned. Our aim is to make it simple for you to get the cash you need. What does this really mean and how does it work?
It means we don’t expect you to be employed or give us any sort of proof of income. We aren’t going to violate your privacy by scrutinising your bank statements or put you through gruelling affordability assessments. Now that you know what we are not going to do, it’s time to tell you what we are going to do. We’re going to make it simple for you apply for your loan online with a quick and easy application form. Once we’ve received your request, one of our efficient and friendly consultants will get in touch with you to arrange an evaluation of your vehicle and we can then pay the required cash into your account on the very same day.
That’s it. Like we might have mentioned before, we keep things easy and simple for our clients and that’s because we know just how scary it can be to be unable to get the cash you need, when you need it.
There’s a few things that you need to know…
- The amount that we can loan you is up to 50% of the value of your vehicle.
- We do have minimum and maximum loan amounts in place and those amounts are R5000 and R500 000 respectively.
- You have to be a South African citizen and be over the age of 18.
- The vehicle must be paid off and registered in your name.
- You must be willing to hand the vehicle over to us for the duration of your contract.
- If your loan is unpaid, we can arrange to sell the vehicle to cover costs and the deficit can be paid over to you.
- You must be willing to take responsibility for your own loan and advise us how you will repay it. Options include one lump sum repayment or monthly instalments.
Last but not least, you must be comfortable with the quickest, easiest loan you will ever make in your life. Heard enough and want to get down to the business of applying for a cheap loan against your paid-off vehicle? Waste no more time. Get in touch with us at XCELSIOR via email or telephone today.
