AUTO FINANCE

Are you in need for a luxurious drive but are in short of cash? Don’t worry we can sort this out for you as we have done it many times before. We have dealt with almost every dealer in GCC for all kinds of vehicles, thus we can help you to fulfill your needs to obtain a luxurious drive. All you have to do is let us know your desire and we will do the rest for you until you find a luxurious drive at your drive step. We know what to do, how to bargain, where to look for, what to choose, how to choose and at the end we will get you the best of best available to suit your requirements.

1. Common personal loans include mortgage loans, car loans, home equity lines of credit, credit cards, installment loans and payday loans. The credit score of the borrower is a major component in and underwriting and interest rates (APR) of these loans.

A short-term loan in which the borrower’s car title is used as collateral. The borrower must be the lien holder (i.e. own the car outright). Loans are usually for less than 30 days. If the loan is not repaid, the lender can take ownership of the car and sell it to recoup the loan amount. These loans are also known as “auto title loans” or just “title loans”.

Car title loan lenders often target those with low incomes and bad credit and charge high interest rates; those with access to credit cards or bank loans would not be the target customers. Car title or auto title lenders are sometimes called “predatory lenders” because of the way in which they prey on those who need cash in emergency situations.

Although lenders must state the interest rate at the time the loan is made, if it is a shortterm loan, the borrower may not realize that the quoted rate is not annualized. For example, if a one-month loan rate is advertised at 25%, that annualized rate is actually 300%.