Listly by Marian Martinez
It is actually better to invest on the best auto loan in the Philippines than purchasing a car in one go. It might be heavy for you and your expenses. And in applying for a loan, you will be able to budget your money well. Asialink Finance Corporation offers a variety of loan services including auto loans to give people a chance to own a car of their dreams.
If you have been canvassing for the best auto loan in the Philippines, you may have noticed that other banks and companies only qualify newer models. At Asialink, cars made from the year 2005 up to the present are qualified for a loan.
The benefit of getting the best auto loan in the Philippines from Asialink is the variety of options they offer. You can get a brand new car and enjoy the latest technology and features. If you don’t want to purchase a new car, you can also avail of their auto loan for a used one.
If you’re searching for the best auto loan in the Philippines, the first thing that you may be looking for is a low-interest rate. Some banks may not just have high-interest rates, but also strict screening processes for applicants. Asialink offers interest rates for car refinancing and 2nd hand car financing for as low as 1.5%. With that affordable price, you can enjoy the best bang for your buck.
Using your car immediately is what’s best about an auto loan. In the Philippines, the concept of “Sangla” is commonly seen in pawnshops. You get financial assistance in exchange for valuable property. The only downside to that is having to leave the collateral to your financer.
At Asialink, the only thing you have to offer as collateral is the original receipt and certificate of registration. You can make full use of your car for either personal or business needs even if you are still paying for it.
Asialink came up with several choices on how you can pay for your mortgage. You can pay through M.Lhuillier, Bayad Center, Cebuana Lhuillier, Banco De Oro, Unionbank, ECpay, or True Money. These payment centers all have different branches around the country so finding one near you should not be a problem.