Nowadays, a new type of lending is increasingly popular: funds secured by PTS. This method helps to quickly and without any problems to obtain credit funds, and the collateral becomes the car of the borrower. The lender providing this service, offers money for the security of the car, and he will also have to inspect the car and only after that you will be able to sign the contract.
You will need to show the passport of the car, the certificate of its registration, the document confirming your identity. In addition, you will need to provide a driver’s license, you may be asked to show the insurance on the car. You can use the car as well as did before, you will not be given any restrictions. But you will not be able to sell it until the return of credit funds. Usually the money under the title of the car can be obtained for 2 years, but the terms are different. Continue reading