Get a car loan without proof of income Maine

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Calculation example: with a loan amount of USD 100,000 at 10% per annum, for a period of 1 year, the total amount to be repaid will be equal to: USD 105,499.06, with a monthly payment: USD 8791.59. The consequences of not paying the loan are regulated by the legislation of USA.

    Get a car loan without income

    For guarantees, banks require customers to confirm solvency. As a result, those who are not formally employed cannot use the services of financial institutions. But do not despair, because you can get a loan for a car without income certificates.

    Features of obtaining a car loan without references.

    Banks increase their risks when they issue car loans without proof of income. This is reflected in the conditions for issuing money:

    interest rates are higher - from 1.9% to 19.8%.

    it is possible to do without a down payment only in very rare cases;

    the loan amount is less;

    Borrowers are subject to certain requirements:

    the age of the client must be over 18 years old, and preferably 21 years old (and not older than 65 years old);

    possession of a passport with citizenship;

    there should be no outstanding loans and bad credit history.

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