Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,152,908 members, 7,817,683 topics. Date: Saturday, 04 May 2024 at 05:09 PM |
Nairaland Forum / Nairaland / General / Business / Do Banks Accept Cars As A Collateral? (385 Views)
Why Do Banks Ask For Nepa Bill Before Opening Account? / How Do I Get A Business Loan Without A Collateral In Nigeria? / Do Banks Accept Prepaid Electric Bill Slip? (2) (3) (4)
Do Banks Accept Cars As A Collateral? by Nobody: 12:39pm On Mar 01, 2021 |
I need a loan of N50k from my bank (Gtbank). I'd like to know if they accept cars as collateral?. Or are there any other banks that accepts cars as a collateral? It's a clean car. Nissan tiida 2007 model. Pic attached. I'd appreciate any ideas.
|
Re: Do Banks Accept Cars As A Collateral? by lilvicky68(m): 12:42pm On Mar 01, 2021 |
50k Is too small na for the car..I'm not sure they accept cars sha |
Re: Do Banks Accept Cars As A Collateral? by Nobody: 12:49pm On Mar 01, 2021 |
lilvicky68:I know bro. But I don't own a landed property so I'm opting to use my car as collateral. Anyway, thanks for the response. |
Re: Do Banks Accept Cars As A Collateral? by Nobody: 12:50pm On Mar 01, 2021 |
Hey guys, I'd appreciate any info I get. |
Re: Do Banks Accept Cars As A Collateral? by whisp3r(m): 12:53pm On Mar 01, 2021 |
Benzoway: Why not borrow from money lending apps |
Re: Do Banks Accept Cars As A Collateral? by Kriss216: 12:54pm On Mar 01, 2021 |
Benzoway:We keep telling guys, assets over liabilities any day any time twice on Mondays. |
Re: Do Banks Accept Cars As A Collateral? by Nobody: 12:57pm On Mar 01, 2021 |
whisp3r:Tried a few but they've turned me down because I'm not a salary earner. I think their acceptance rate reduced drastically since covid started. |
Re: Do Banks Accept Cars As A Collateral? by Nobody: 1:02pm On Mar 01, 2021 |
Kriss216:Lol, yeah I get it. Never thought I'd be needing a loan. |
Re: Do Banks Accept Cars As A Collateral? by Angiestarlette: 1:16pm On Mar 01, 2021 |
I know a loan company that can give you even if you are not a salary earner... I don't know if that helps |
Re: Do Banks Accept Cars As A Collateral? by Nobody: 1:55pm On Mar 01, 2021 |
Angiestarlette:Can you please tell me?. I'm located in jos, I don't know if location could be an issue. |
Re: Do Banks Accept Cars As A Collateral? by Angiestarlette: 2:19pm On Mar 01, 2021 |
It's in lagos ooo and you must be physically present at their office |
Re: Do Banks Accept Cars As A Collateral? by Nobody: 2:51pm On Mar 01, 2021 |
Angiestarlette:Oh, ok. Is it LAPO? I think LAPO has a branch here in jos. |
(1) (Reply)
I Urgently Need Passive Income On The Internet / Moreplex TV Sets To Debut In Nigeria / Training And Additional Requirements For Painting Contractors
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 17 |