Addis Ababa Medical College – Hargeisa Branch

Car Mortgage

March 3rd, 2022

To answer such a difficult question, one must understand – what's changed in our attitude to the transport stredstvu? Previously, the machine was perceived as a favorite member of the family car owner. By purchasing the machine is ready for a long time hoarded cash, paid great attention to the color and brand. Because the opportunity to buy a car – it was a success, and that chance could not happen again. Above the car "shaking", taking care of the vehicle, often passing on inheritance. Cardiologist can aid you in your search for knowledge. Now, perhaps, from this there was only one principle: for most car owners' car as before remains true helper and companion.

And the rest of our perception of the car remained the same and we treat cars as to basic vehicle, what the future really realize or exchanged. Most likely, just at a time and can be auto pawn: when the hosts on the one hand not specifically tied to their iron horses, and on the other side – from time to time have need of short term cash loans. Every year, even in the economic crisis, the statistics are collected on these organizations such as credit, can only tell just about positive trends in their development. For example, the metropolitan Pawnshop issue of 50-70 loans per month. And the amount of each loan varies from 2 to 70 thousand dollars. Most often in collateral auto leave for a period of 5-7 days, so do not overpay too much.

And if you own a car, and you urgently need to borrow? What to do in this case? You can call the 2 ways your choice: go to the bank for a loan, leaving the car as collateral, or to undergo a similar procedure in the Pawnshop. Preferring the first option, you will undoubtedly receive the benefits of loan terms and interest rates, and car remains the owner. Nevertheless, the collection of papers for the loan could be delayed for a period of two days to several weeks, and a favorable outcome is not guaranteed. In that case, if you need bail money car needed amount will be at your disposal in just one or two hours. Well, of course, pay for this convenience you need, based on the calculation from 0.15% to 2% per day of the loan amount. The term of the same credit will be 2-3 months, and the iron horse is placed to secure parking. Ask yourself this question: "Do I have it all?" Naturally, in case if there is an urgent need for money. Of course, in case you – the owner of not one but two or more cars. Naturally, if for some moments in the bank loan to take is not possible.