As one of the top loan brokers in the country, Fast Loan Philippines offers assisting clients to the different top lending companies and banks today. We update our profile and knowledge for our clients so they won't bother learning about the latest interest rates, promos, policy updates and how the process works in applying for a car loan in the Philippines.
Currently, there are just 3 major types of car collateral loan offers from Asialink (ALFC) and other affiliate lending companies, Global Dominion and South Asialink Credit Corporation. These are car financing and car collateral loan.
The same products for car pawning is available with local banks except most of them would not allow ORCR sangla or car loan without taking car program which utilizes using any 2000 year model used car or 2nd hand car owners to use their vehicles as collateral in exchange of getting a loan or credit line. Furthermore, bank process, if they offer kotse sangla will take 2 weeks to 2 months to process.
We are pioneer in providing loan consultation and free application assistance service to Pinoys, OFW and foreigners looking to get loan for a car. We take pride in our efficient and personalized service and provide free quotation using simple loan calculator. Having first hand knowledge in how the process works gives our agents and marketing officers the advantage to assist loan borrowers for fast loan release which can be as quick as 1 day for auto loan pawnshop companies. We rarely assist with bank application for the sole reason that it usually does take too much time to waste trying to process an application. Another good thing in hiring us to assist you in your application for a private car loan is that you get to directly compete these private lending companies to offer you the lowest interest rate possible you can get as a loan borrower.
Although not necessarily part of the secured loan product offers of Asia Link, another very fast cash loan turnout is currently available in the market. This is the car impounding loan. Here, you leave your car, keys, original ORCR and no questions asked. You get your cash in as fast as 1-3 hours but not more than 5 hours depending on the number of clients during time of application.
If you want to apply for our 1 hour car loan program thru impounding, please click on the link below.
There is a related collateral loan product but does not necessarily fall as part of the list above. This is the truck loan. It has the same variants as listed offers above. If you want to apply or is looking to pawn your truck without taking the unit, please click on the link below.
To qualify for any of the above mentioned Asialink car loan programs, a borrower must first meet certain eligibility requirements. Below is our list. Please note that this list is subject to change without prior notice. It is also subject to approval of the lending company and is subject to existing company policies, rules and regulations for qualification.
Basic Loan Requirements:
Note: Other documents may sometimes be required by Asialink Financing Corporation depending upon the request of processing departments or as necessary to meet policy guidelines.