Knowledgebase

Got questions about Loansolutions.ph? you're in the right place!

What are the requirements for a car loan?

The following are the requirements for a Car Loan..
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What are the requirements to buy a car?

Upon application, you need to have Certificate of Employment.
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How much can the banks finance for an auto loan?

When getting purchasing a car and getting a bank loan to finance it..
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I am working home-based, can I apply for an auto loan?

If you pass the qualifications and have the necessary requirements..
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Which has lower interest, new car or second-hand car loan?

Most banks offer second-hand car loan, instead they focus on car financing to brand new car..
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I am applying for a car loan but I’m not qualified, can my sister apply in my behalf?

Yes,but of course you have your agreement between her..
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Can I change my loan amount after submitting my application?

Yes, just login to your account and edit your loan details..
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What if my car is not under my name?

Secure an authorization letter from the car owner indicating use..
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How do I get a loan to buy a second-hand car my friend is selling?

If you want to get a loan to buy a second hand car from a friend..
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I want to purchase a new car and would need a loan. I want to use it for Uber or Grab a Car Business?

Purchasing a car to use for business is a great thing because you get to pay your car loan with the money..
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Will you take my car if I get a car loan

No, banks and lending companies do not take and keep your car when you put your car..
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