Скачать или смотреть How to Pawn my Car | First Advance

Thinking about pawning your car, also known as "Lend and Park," This video, "How to Pawn My Car," https://firstadvance.co.za/lend-and-p... by First Advance (https://firstadvance.co.za/) provides a clear and detailed guide on how this process works, from start to finish.

We start by discussing the essential requirements for securing a car pawn loan, including the need to provide proof of ownership. Learn how your car's value is assessed and find out that you can typically borrow 50% to 60%, and sometimes up to 70%, of its trade value.

Understand the potential risks involved in a car pawn loan, especially if you default on the loan. We explain the grace period you have—usually one or two months—to catch up on overdue payments before your car is sold.

The video also walks you through what happens to your car after the loan is approved and before you sign the contract. We cover the various interest rates you might encounter, ranging from 5% to 10%, and in some cases, even up to 20%, and warn you about potential "hidden costs" that may arise.

Finally, we discuss the loan payout process, ensuring you know exactly how and when you’ll receive your funds.

Watch our video to get all the information you need to make an informed decision about pawning your car. Don’t forget to subscribe for more financial tips and updates, and feel free to leave any questions or comments below. We're here to help you navigate your financial options effectively!

Feel free to chat with us on Whatsapp: +27 72 393 3559 (Roland Walker)

Other loan options from First Advance that might interest you:

Lend and Drive (https://firstadvance.co.za/lend-drive/)
Pawn my boat (https://firstadvance.co.za/pawn-my-boat/)
Pawn my truck (https://firstadvance.co.za/pawn-my-tr...)