How loans against cars differ from personal loans in South Africa
Several options are available to get cash in hand quickly. One is the personal loan, which you can get from your bank or a short-term lending institution. The other is from a provider of secured loans against cars. Knowing the differences will help you make an informed decision on how to address a cash-flow issue […]
What you need to know about loans against vehicle titles
Loans against vehicle titles are superb alternatives to traditional micro or personal loans. The process of lending is straightforward and does not require lengthy paper work. Instead of having to approach a bank that requires you to have a spotless credit record, proof that you have enough excess cash every month to pay back the […]
Can I loan money against my car and still drive it?
Answers to your questions, such as: “Can I loan money against my car and still drive it?” Can a company lend money against my car and allow me to drive it? Is it possible to get a loan using my vehicle as security if it is still under finance? These and other questions regarding the […]
How fast and efficient secured loans help small business owners
Red tape associated with credit applications often hinders the abilities of entrepreneurs to grow their businesses. Some business entities have sufficient assets to borrow against, whilst other types do not have any tangible assets. With cash-flow problems often being the main reason for smaller businesses having to close their doors, there is a definite need […]
Why short-term loans against cars are popular in South Africa
Short-term loans against cars have become exceptionally popular in South Africa as alternatives to unsecured and bank loans for several reasons. No credit checks Due to unforeseen financial emergencies, people often have to juggle between their accounts to make ends meet. This can lead to late or partial payments of store accounts. However, lenders report […]
Quick access to cash using a vehicle as security for a loan
The credit crunch is on. South Africans struggle to keep up with the rising living costs. Amidst the economic difficulty, self-employed people often do not meet the requirements for loans from micro-lenders and banks. As a result of lengthy application forms and credit checks, thousands of people are left without the means to access quick […]
4 reasons to pawn your car for cash
The notion of having to give up the luxury of a vehicle for money can be unthinkable. But what if you can pawn your car for cash instead of having to sell it? Why not just get a loan? Below are the top reasons to pawn your car for cash. You need money fast If […]
Did you know you can use your car as collateral for a loan?
If your vehicle finance has been paid in full and you have the original registration papers as proof of ownership, you can use your car as collateral for a loan. Instead of applying for a micro-loan or an overdraft facility at the bank, you can pawn your car for cash. How does it work? The […]
How to apply for a loan against a vehicle and get cash fast
Money can be tight after the December holiday season. For some reason, expenses simply pile up, and January earnings cannot fill the gaps. With SARS requiring provisional tax submissions to be made before the end of February, credit cards already at the maximum, and provisional tax payments due almost immediately after tax return submissions, you […]
“How to pawn my car in Cape Town?” and other questions answered
Collateral loans have become viable alternatives for unsecured bank loans that require lengthy application forms. To help you make an informed decision on how to get cash fast, we answer questions about secured loans, including the question of “how to my pawn my car in Cape Town?” How does a collateral loan work? It is […]
