General Info to get a loan against your car:
Is the service private to get a loan against your car?
All loans are completely private and discreet, and by appointment only.
My car is a rebuild Code 3. Can you help?
Code 3 vehicles have a lower value. So, we can help you. However, the loan will be less.
Will anyone drive my car whilst it is in your possession?
No, your car is taken into safe storage for the period of the loan.
What if I don’t have the original registration papers (FORM RC1) of the vehicle?
We need the original FORM RC1 and your ID in order for us to help you.
Can I settle the loan early? Are there any early payment penalties?
You are able to settle the loan early and there are no early settlement penalties. Interest is stopped when the repayment reflects in our bank account.
How much can you loan against the vehicle?
It depends on the age, condition, service history, mileage, trade and dealer values and length of the loan.
What is your interest rate?
Our interest rates are all in terms of the National Credit Regulator.
I still owe the bank some money on the car can I pawn it?
No, its not your sole property yet as the bank still has a financial interest.
I am not the legal owner of the car – can I still use it as collateral for a loan?
The legal owner needs to sign all documentation as they are the owner of the asset used as collateral.
How long does the whole process take?
If you have all the documentation less than a hour.
How long can I pawn my vehicle for?
It varies but we try and match it to your cash-flow.