Guide on Whether A Collateral / Guarantor Is Needed in Applying for EastWest Bank Auto Loan
EASTWEST BANK AUTO LOAN – Here is a guide on whether a collateral or a guarantor is required in applying for the said EastWest Bank loan offer or not.
One of the dreams of most people is to buy a personal car. Having your own vehicle brings a lot of benefit – you can get anywhere anytime you want. It gives utmost convenience, comfort, and liberty to the owner of the car.
However, whether it is a brand new or a pre-owned vehicle, buying a car requires a huge amount of money. That is the case if you will do it in cash. Meanwhile, you may also seek some financial assistance provided by banks.
The EastWest Bank is one of those with a car loan offer. It is open for the purchase of both brand new and pre-owned vehicles.
Under the said auto loan offer, you may pay for the loan from twelve (12) to sixty (60) months. Do you want to know how much you can borrow under the said offer? You may visit – EASTWEST BANK AUTO LOAN – How Much You Can Borrow Under This Loan.
The bank features wide acceptability of vehicles under the said offer. With regards to the payment options, you can do it by issuing post-dated-checks (PDCs) or automatic debit arrangement.
Who are eligible to apply for the said EastWest Bank loan offer?
Most loans have eligibility qualifications. With regards to the auto loan offer, to be eligible for it, the applicant must be:
- at least 21 years old but not more than 70 years upon the loan maturity
- a professional, employed, or self-employed with a stable source of income
Based on an article on eCompare Mo, no collateral is required in applying for the EastWest Bank Auto Loan. Also, there is no need to have a guarantor in applying for the said offer.
You may begin your application to this EastWest Bank loan online. Feel free to visit – EastWest Bank Auto Loan – How To Apply For This Loan Offer Online.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: EASTWEST BANK HOME LOAN – How To Apply & Requirements To Prepare