18/03/2018
How Auto Logbook Loans work, Nairobi, Kenya
Auto logbook loans are for Kenyans looking forward to a fast secured loan against a car. Yonina Credit is your referred quick logbook loans partner. The process is easier and faster than you anticipate.
You do not have to sell your car to get quick cash, instead, you can use the car as security for a soft loan, thanks to Yonina car loans secured against the original logbook. We arrange for same day loan against your car logbook and you retain your car. However, for loans above ksh70,000, we retain the car. You can borrow loan against your logbook from as little as ksh20,000 to ksh300,000. We issue a loan of 50% value of your car. For instance, if your car current market value is ksh200,000, we can only issue a maximum of ksh100,000. We minimize the possibility of losing your car by issuing the only amount you are in a position to pay back comfortably.
The logbook loan is an alternative to salary loans or payday loans, your logbook gives you a guarantee to secure a faster loan for emergency situations, while you keep driving.
What do I need to secure a logbook loan?
• Original car or motorbike logbook
• Utility bill to rove address
• Bank statement, most recent, 3 months
• National ID
• Most recent assorts, 2
• Insurance certificate
How does Logbook Loans Kenya work?
A logbook loan is just like any other secured loan. You simply deposit your logbook as the security, making your car the security for the loan. The agreeable minimum loan repayment period is 1 month, and a maximum of 3 months. The loan repayment period depends on the amount borrowed, and your personal circumstances. You can also choose to pay your loan earlier than agreed. There are no fees or charges for early repayment.
Once Yonina Credit approves the loan, you retain a copy of the loan agreement.
How to Apply for Auto Logbook Loan
a) View our logbook loan calculator online and see the car loan requirements
b) Apply online here or give Yonina Loans at 0748821121 or 0748821122
c) We will get back to you promptly with n offer
d) We will help you understand our terms, no hidden information
e) We arrange for a meeting at our premises/ offices
f) We process the loan in less than 24 hours upon receiving all the documentation
g) We pay the loan to your bank account or handover a cheque
The entire processing takes less than 24hours
0748821121
0748821122
[email protected]\[email protected]
https://yonina.co.ke/car-loans/
Thank You
Loan on Carsyoni2018-03-17T18:16:11+00:00 Loan on Cars This product enables you to get a loan using your vehicle as security. The exciting aspect about our product is that we also allow a third party logbook with a signed consent from the owner. Once the loan is disbursed, the log book is kept by Sa...
