CAR LOAN

ML Car Loan is under Lhuillier Saison Financing Corporation #

Guidelines and Parameters:

• Qualified - Locally employed, OFW, self-employed, pensioner

• Acceptable Units - Second hand units except Korean, China, and Indian brands (Honda, Toyota, Mitsubishi, Isuzu, Ford, Suzuki, and Nissan)

• Year Model - 2025 and up, provided not to exceed 10 years upon maturity of the loan

• Amount of Loan - Up to 70% of appraised value of inventory being financed

• Term of Loan - Maximum of 36 months

• Manner of Payment

  • MCash Wallet - free of charge

  • Over the Counter or Bank Transfer or Check

• Other Charges/Deduction upon Release

  • Chattel Fee based on actual computation set by ROD and LTO

  • Comprehensive Insurance with AOG based on Insurable Value

• Mode of Disbursement - Disburse thru our M Lhuillier branch

• Collateral - Original OR/CR must not encumbered

• Re-availment/Reloan - In case the outstanding balance is below six months, he/she can avail provided the unit will be re-appraised

How To Avail:

1. Submit your application form and photocopy of OR/CR to the FLA.

2. Wait for the approval.

3. Once approved, get your cash.