How collateral loans against vehicles work
Collateral loans refer to arrangements in which applicants borrow money against assets. The best-known example is the home mortgage. The bank keeps the title deed to the property until the debtor has paid the full amount borrowed plus interest. The agreement entails instalments to be made on a monthly basis over a set period. Pawning […]
Get a loan against your car or another type of movable asset
If you need money to tie you over the first three months of the new year, consider the option of a loan against your car, motorcycle, caravan, boat, or truck. Unlike with a fixed-term personal loan, you can pay it off faster and benefit from doing so. In addition, you do not have to go […]
Pawn your vehicle for a secure loan to get cash fast
Black Friday in November, festive season shopping in December, holiday accommodation, and then school books in January easily eat up savings quickly. Indeed, you may very well find that by the 31st of December, many of your accounts cannot be paid because of festive season spending. This is especially true if you are self-employed without […]
How and why to pawn your caravan for cash
Though you might use the caravan during the holiday season, for the rest of the year, it stands in the carport or perhaps even in storage. If you want to pawn for cash, why not do so by putting up the caravan as collateral? When to pawn a caravan for cash If you need cash […]
What are the advantages of getting a loan against my boat?
Do you have a boat for holidays that you barely ever use? Is it stored away, just gathering up dust? Perhaps you are running low on funds and need a helping hand. Why not get a loan against your boat and get back on your feet? Open the new business you desire or give your […]
What you need to know about the process of pawning cars in Gauteng
Accurate information helps you to make informed decisions regarding your finances, assets, and future. To this end, we share essential information on how to pawn cars in Gauteng. Why would you want to pawn one of your cars in Gauteng? You may think that selling the vehicle directly is the better option, but you need […]
XCELSIOR’S easy process to have a loan secured on your vehicle
It is possible to have a loan secured on your vehicle without having to go through a lengthy application process. When you make use of our services, the process can be completed in five easy steps. Step 1 Complete the online application form to start the process. A consultant will call you to complete the […]
Getting a loan against your car quickly – do you qualify?
You may already have given up on the idea of ever getting a loan from the bank or even a micro lending company to pay for your start-up business. This is not a far-off dream with the loan against your car option that is available to anyone who owns a vehicle in South Africa. What […]
How to quickly get a loan with collateral even if you are self-employed
Did you know that you can quickly get a loan with collateral even if you have a poor credit history? And did you know that you can get the money in your bank account within 30 minutes of approval? Though it is a relatively new concept in South Africa, you can borrow money against your […]
Everything you need to know about pawning a vehicle for cash in South Africa
Pawning a vehicle is similar to the process of pawning an item at a second-hand goods store, except that the used goods store does not normally accept vehicles as collateral because they do not have the required facilities and payment agreements in place. At a used goods store, you would have to offer another type […]
