Sometimes we find ourselves trapped in difficult situations like having unexpected financial burdens such as medical expenses, urgent house repairs or your cash is running low, and you’re surviving till your next paycheck. Other times, life presents opportunities like a chance to invest, start new business ventures or buy a new gadget. So during these stressful moments, it’s important to have a reliable financial partner like MLhuillier’s Quick Car Loan. With this loan, you can leverage the value of your existing vehicle by using your car’s OR/CR as collateral without the hassle of selling your car.
Why Choose MLhuillier?
MLhuillier (ML) is more than just a financial service provider, it’s a trusted partner for Filipinos across the country. With over 3,000 branches across the Philippines, ML has earned its reputation as the largest non-bank financial network by truly understanding and meeting the needs of Filipinos. ML offers dependable solutions to help individuals achieve their goals.
The Freedom to Leverage Your Car
What sets MLhuillier apart from other loan providers is the flexibility they offer. With MLhuillier’s Quick Car Loan, you don’t need to be tied to the idea of buying a brand-new car. Instead, you can use your car’s OR/CR as collateral to secure a loan, giving you access to funds while continuing to drive your car. This service is ideal for those who own a car and want to unlock its value without the need to sell it.
MLhuillier accepts used cars as collateral, with the exception of those from Korean, Chinese, or Indian manufacturers, as long as the vehicle is less than ten years old.
A Simple and Stress-Free Process
Navigating financial processes can be challenging, but MLhuillier has streamlined the Quick Car Loan application to make it as easy and stress-free as possible. Here’s how it works:
- Complete the application form at any ML branch, along with a photocopy of the OR/CR submitted to the FLA.
- Present a valid ID.
- Have your car appraised by the branch personnel.
- Receive your cash and loan ticket.
MLhuillier offers financing for up to 70% of your vehicle’s appraised value, with repayment terms of up to 36 months. There are no hidden charges. These are the following fees and can be deducted upon release of loan:
- Chattel Fee – based on actual computation set by ROD and LTO.
- Comprehensive Insurance with AOG – based on the insurable value.
Payments can be made easily through ML Wallet, with no extra charges. Loan disbursement is handled through an ML branch. Borrowers can reapply for this loan once their outstanding balance is below six months, with the unit being re-appraised.
Customer Service You Can Count On
MLhuillier is renowned for its excellent customer service, and their Quick Car Loan service is no exception. From the moment you inquire about a loan to the final payment, MLhuillier’s customer service team is there to assist you. Whether you have questions about your loan, need help with documentation, or want guidance on how best to use your car’s value, their friendly and knowledgeable staff are always ready to help.
Start Your Financial Journey Today
Why wait to unlock the value of your car? With MLhuillier’s Quick Car Loan, you can access the funds you need while keeping your car. Whether you’re facing unexpected expenses, planning for a big purchase, or simply want to manage your finances more effectively, MLhuillier has you covered.
So, if you’re ready to take control of your finances and explore the possibilities that MLhuillier’s Quick Car Loan offers, don’t hesitate to visit your nearest branch. Start your journey towards financial stability and freedom with a partner who understands and supports your needs every step of the way. MLhuillier is here to help you make the most of your financial opportunities and ensure that you have the support you need when you need it most.
