You bought your car, motorcycle, or caravan with a dream in mind, but now the monthly payments are becoming a burden. You can refinance your loan and lower your payments, taking the pressure off your budget and letting you enjoy your purchase. A refinance loan requires an application, just like the first loan you secured for your vehicle. We can help you examine your budget to determine monthly payments you can afford, and assist you with your application. Autorefin Vehicle and Asset Finance (AVF) will also make sure the interest rate on your loan is as low as possible, which can also reduce your payments.
PLEASE NOTE THE FOLLOWING CREDIT CRITERIA TO QUALIFY :
1.) Clear and Healthy credit record (No defaults or judgments)
2.) Valid South African Driver’s License Card
3.) Valid bar-coded South African Identity Document or Identity Card
4.) No vehicles under 2004 year models.
5.) No code 3, stolen recovered or accident damaged vehicles.
6.) Only vehicles registered in S.A
7.) Minimum monthly income R 8 500.00