M Lhuillier Car Loan: Your Path to Car Ownership

Introduction 

M Lhuillier Financial Services offers a convenient and accessible car loan program for individuals who dream of owning a car. Nowadays, the process of owning a car has been a lot more simpler. Whether you’re looking for financial flexibility or aiming to fulfill your dream of driving your own vehicle, M Lhuillier has you covered. Below is a quick overview of your path to car ownership: 

Two Distinct Options 

1. Car Collateral Loan: If you need quick cash and own a car, the Car Collateral Loan is an excellent choice. Here’s how it works: 

• Eligibility: Locally employed individuals, OFWs, self-employed, and pensioners. 
• Acceptable Units: Second-hand cars (except Korean, Chinese, and Indian brands). 
• Year Model: 2012 and up (not exceeding 10 years upon loan maturity). 
• Loan Amount: Up to 70% of the appraised value of the car. 
• Term: Maximum of 36 months. 
• Payment: Conveniently disburse through the M Lhuillier branch. 
• Collateral: Original OR/CR (Official Receipt and Certificate of Registration). 
• Re-availment/Reloan: If the outstanding balance is below six months, you can re-avail the loan after re-appraisal. 

1. Car Financing: For those who want to purchase a brand-new or second-hand car, M Lhuillier offers car financing. Here are the key details: 

• Eligibility: Similar to the Car Collateral Loan. 
• Acceptable Units: New or second-hand cars (excluding Korean, Chinese, and Indian brands). 
• Year Model: No specific restrictions. 
• Loan Amount: Varies based on the car’s price. 

• Term: Flexible repayment options. 
• Payment: Directly to the car dealer. 
• Collateral: The car itself serves as collateral. 

How to Avail 

1. Submit Application: Fill out the application form and provide photocopies of the car’s OR/CR. 

1. Approval: Wait for approval. 

1. Cash Disbursement: Once approved, receive your cash or proceed with car financing. 

Conclusion 

M Lhuillier’s Car Loan program provides a two-way path to car ownership. Whether you need cash urgently or want to drive your dream car, M Lhuillier has the solution for you. Visit their website1 for more information and start your journey towards car ownership today! 

(Source: M Lhuillier Financial Services)2 

Source(s) 

1. CAR LOAN – M Lhuillier Financial Services
2. M Lhuillier Financial Services – M Lhuillier Car Loan Two-Way Success …
3. M Lhuillier Quick Cash Loans Pawnshop | Low Interest Rate