How to get a loan against your vehicle?

Usually you have three types of car loans- new car loan, and loan against car as well as used car loan. Surely, the new car loan is about purchasing a new car. A used car loan is about purchasing a second hand car but a loan against car means to pledge your car as collateral security to get cash to meet your other financial needs or buy a new car. The loan amount, time period as well as interest rates majorly depends on the pledging company you have chosen.

If you are in urgent need of cash, but you don’t have the criteria to meet the used car or new car loan, then you can instantly go for pledging a car and get the money of your car. The value of your car is determined after a thorough evaluation and complete analysis by car experts appointed by the pledging company. If you are pledging your new car, then the loan amount is higher.

The eligibility criteria to pledge your car:

Usually model and make of the car which aren’t very old are used as collateral to offer cash against car. However, you don’t need any credit history to get your car loan passed. However, if your car model is no longer in production or in the market, then you may get highly slashed prices for your car.

Once the car is analyzed, you get the interest rate and money offer. If you are okay with it, then the condition of the car is checked and a contract is made to pledge the car. Make sure you agree with all the points of the contract before signing it. The car pledging company will also keep the car registration paper, your ID proof and home registration copy as a proof with them.

Once the proceedings are done, you can easily get your cash directly in your account. It is very important to choose a reliable and reputed car pledging company to avoid any problem or clash in the future. Make sure you choose a local car pledge company so that you can frequently keep a check on your car. So, without wasting a single minute of you need cash, then get the right value for your car by signing up for the services of a car pledging company. They charge you with reasonable interest rates unlike bank and give you the best value for your money.

Avoid falling in the trap of pawn-brokers and paying for additional charges. Just directly visit the pledge center and pledge your car without paying additional charges. Pledge Express is the best place to pledge your cars at the best rates at lowest interest rates with immediate service. Just contact them for car pledge [รับจำนำรถยนต์, which is the term in Thai] and get cash immediately. Get free consultation and advice related to your car and pledge it only after 100% satisfaction. The company aims to satisfy all its clients with its best services. So, go ahead and use its services now.