Hey peeps! I planning to get a car fer myself... I
intend to get an OPC since I won't be using often due to shift
work... I've just passed my licence about 6 weeks ago...
I would like to know what are the
requirements to get a loan fer the instalments to pay the car... Is
there really a need fer a gurantor..?
Any informations are greatly appreciated... Thanks
peeps!
The basic requirement for loan approval is an income statement
from your company you are working.
If you don't have income statement, you need a
guarantor....The guarantor must have an income
statement irregardless whether she/he has a licence or not.
If you are working and you can afford the instalments, then you
don't need a guarantor.
Preferably take no more than 70% loan for no longer than 7
years.
