Is getting your own four-wheels part of your vision board for 2024? Start planning and preparing this early in the year by learning about financial services you can take advantage of to help you achieve this goal.
M Lhuillier, the country’s largest non-bank financial services network in the Philippines also offers a car loan, in addition to its wide array of products including money lending, quick cash loans, domestic and international money transfers, and more.
True to its legacy tagline “Tulay ng PaMLyang Pilipino,” M Lhuillier makes the dream of owning a car more accessible for more Filipinos.
M Lhuillier can help Filipinos in two ways. First, through a collateral loan where the borrower can use their car’s official receipt (OR) or certificate of registration (CR) as collateral. The other option is through car financing for those who want to drive their own four wheels.
Among the qualified customers for M Lhuillier car loans include those that are locally employed or self-employed, overseas Filipino workers, and pensioners. Employed borrowers must present their proof of income while pensioners must have proof of pension payments.
Under M Lhuillier’s terms, vehicles built and manufactured by Honda, Toyota, Mitsubishi, Isuzu, Ford, Suzuki, and Nissan which are released in 2013 and later can be availed through its car loan. Vehicles can either be a car, pickup, SUV, motorcycle, truck, or commercial.
To avail M Lhuillier’s car loan, borrowers who already have a car of their choice from a legitimate dealer must pay 30% of the cost. Then, bring the OR and CR of the car and other requirements needed to any of M Lhuillier’s over 3,000 branches in the country for the next process.
M Lhuillier offers a maximum car amount loan of up to 70% of appraised value of inventory being financed with up to 4 years of loan term.
For loan repayments, M Lhuillier made it easy, convenient, and free of processing fees for customers through the ML Wallet app.
Customers can check the possible computation of an M Lhuillier car loan through https://webloans.mlhuillier.com/vehicle-loan/loan-type/new. For more details, visit https://mlhuillier.com/.
Karina is not your ordinary supermom. She juggles her time bonding with her three amazing kids while being in the loop on the latest happenings in the tech and lifestyle scene. Follow me on Instagram (@digitalfilipina) regularly visit www.digitalfilipina.com for daily dose of updates not just for moms but for everyone!
