Car Loan

One of the forms of consumer credit is a credit for purchase of a car.
The car is collateral for the loan, therefore, up to the moment of credit repayment passport of a transport vehicle (PTS) of the vehicle is stored in the credit dossier of the borrower in the Bank. In case of impossibility of repayment of the credit the Bank has the right to reclaim the Deposit by
means of its implementation in consultation with the borrower. The cash proceeds from the sale are directed to the repayment of the loan.
In the absence or insufficient quantity of the own funds of the car loan is the opportunity to purchase their own vehicle (both new and used vehicles, but not older than nine years). To this type of lending applies, the credit for the acquisition of the motorcycle.