BV Loan with Vehicle Guarantee

Description

BV Loan with Vehicle Guarantee amount
The amount of credit released is up to 90% of the value of the vehicle used as collateral. The finance company accepts vehicles up to 19 years old, or utility vehicles up to 8 years old.

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Installment

It is possible to pay in installments of up to 4 years, in the case of light vehicles, while for heavy vehicles such as buses and trucks the payment term is 12 to 60 months.

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Maximum interest

Interest rate starts from 1.85% per month for the loan secured by a vehicle.

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Do you accept people with bad credit?

Yes, it is possible! However, due to the customer's history of defaulting on payments, financial institutions generally carry out a careful analysis of the financial profile before approving the loan.

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Release time
Up to 3 business days after taking out the loan with vehicle collateral.

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Payment methods

Post-dated check or direct debit

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Conditions of the BV Loan with Vehicle Guarantee

First of all, the BV Loan with Vehicle Guarantee is a type of loan with cheaper rates. In addition, the monthly payments are much lower when compared to a traditional loan.

It is important that the vehicle that will be used for refinancing is paid off and the documentation is in your name. As previously mentioned.

The applicant must be over 18 years of age and have proof of income of up to 30% of the loan amount. In addition, it is necessary to have the following documents on hand:

• ID, CPF or driver's license;
• Proof of residence;
• Proof of income (this can include the income of the entire family);
• Single Vehicle Transfer Document.

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Advantages

• Cheaper rates;
• There is no need to justify what the money will be used for;
• Extended payment term;
• Up to 80% of the vehicle value as credit;
• There is no need to stop using the asset;
• The vehicle is the collateral;

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How to apply for a BV Loan with Vehicle Guarantee?

Don't miss this opportunity, apply for the BV Loan with Vehicle Guarantee now!

To apply for a loan, simply go to the official BV website, fill in the requested information and run your simulation. Then, a search will be made for the best rates according to your financial profile.

So you choose the best offer, send your documents and wait for the inspection and legal analysis of the vehicle used as collateral.

Once approved, BV Financeira analyzes the documents submitted and the credit. After that, the client receives a credit proposal and simply signs the contract.

After approval, you will receive your money directly into your account in a short time.