help po ! (car loan newbie)

[tin06]

good day! newbie pa lang ho ako dto and i wanted to purchase a brand new car. ni-recommend po ng brother ko is mazda 2 or ford fiesta. mag-aapply po sana ako ng car loan from the bank or in-house financing sa casa. im only 22 years old and wondering if ma-aapproved ako sa car loan, 3 months pa lng po ako sa new company ko and my salary is 85k a month less the tax. what are the documents i need for a car loan ? and is there a possibility for me to be approved by the bank ? TIA.

[blacksun25]

good day! newbie pa lang ho ako dto and i wanted to purchase a brand new car. ni-recommend po ng brother ko is mazda 2 or ford fiesta. mag-aapply po sana ako ng car loan from the bank or in-house financing sa casa. im only 22 years old and wondering if ma-aapproved ako sa car loan, 3 months pa lng po ako sa new company ko and my salary is 85k a month less the tax. what are the documents i need for a car loan ? and is there a possibility for me to be approved by the bank ? TIA.

Wow! may opening ba diyan sa company niyo ( pm me )? Going back to topic, It's better if you would inquire directly sa bank. standard loan requirements are , ITR, Certificate of Employment, Valid id's, bank statement, proof of billing.

try mo rin mag back read ng previous threads about this topic.

[tidus1203]

I think given that info approve ka na, siguro yung part na medyo sour lang is 3 months ka pa lang... A bank would prefer someone who has a lower salary pero tenure is more secure...

[tin06]

Thank you po. ok naman po bank statements ko. inquire na lang din po siguro ako sa bank. hassle kasi mag-ayos ng documents eh.

[joyluck614]

Whay apply for a car loan if you're making 85k a month? Save it and less than a year may new car ka na, mas masarap un wala ka nang problema sa babayaran monthly imo..

[tidus1203]

Whay apply for a car loan if you're making 85k a month? Save it and less than a year may new car ka na, mas masarap un wala ka nang problema sa babayaran monthly imo..

My thoughts exactly!

[pat_17]

Whay apply for a car loan if you're making 85k a month? Save it and less than a year may new car ka na, mas masarap un wala ka nang problema sa babayaran monthly imo..

I agree..the interest rates will save you a lot of dough...

pero same question...may opening ba dyan?? and anung company? location?

[tin06]

My thoughts exactly!

Whay apply for a car loan if you're making 85k a month? Save it and less than a year may new car ka na, mas masarap un wala ka nang problema sa babayaran monthly imo..

nagpapaaral pa po kasi ako ng kapatid ko sa college. and allowance para sa mother ko. since i graduated kasi pinag-resign ko na mother ko sa work so im the head of the family nowadays.