Applying for a loan with a motorcycle BPKB guarantee is a way that is often done to get additional funds in a short time. However, not all loan applications must be approved, you know. Come on, look at the following tips so that your loan application with a motorcycle BPKB guarantee can be accepted!
Loan products with a motorcycle BPKB guarantee are often chosen because the process is practical and safe. A large number of motorbike users in Indonesia also influences why this method is often chosen to get additional funds in a short time. The nominal funds obtained are quite large, so they can be used to meet various financial needs. For example, for additional business capital, home renovations, and much more.
However, not all loan applications must be approved, you know. Of course, there are terms and conditions that apply when applying for a motorcycle BPKB guarantee loan. What should you pay attention to so that your loan application can run smoothly?
Prepare Complete Documents
The first step so that your loan application can run smoothly is to prepare complete documents. Such as ID cards, family cards, domicile certificates, salary slips, marriage certificates, homeownership certificates, and so on. Be sure to check carefully what data the finance company needs. With complete documents, your loan application can be approved easily.
Have a Fixed Income
The profile of the prospective borrower is also a determining factor for the success of your credit application. In addition to the age requirement, in general, prospective borrowers must also have a steady income. If your income is deemed insufficient to apply for a loan, then your credit application will be more difficult to get approved. We recommend that you apply for credit if you work as an employee or entrepreneur for at least a year. With a stable financial condition, other needs will not be disturbed when you apply for a loan.
Meet Collateral Asset Requirements
Next, pay attention to whether the motor that you will guarantee meets the requirements. Even though only the BPKB is guaranteed, the assets that you will guarantee will also affect your credit approval. Because not all vehicles can be used as collateral. Generally, motorbikes that are accepted are a maximum of 10 years old with brands from Japan or Italy. In addition, the motor that you guarantee must also be in top condition.
Check Credit History
Finally, make sure that you are not blacklisted or BI blacklisted. Make sure that you don't have any other outstanding credit or late payments. Because, if your credit record is not good, then the loan application will be more difficult to get approved.
Those are some things you should pay attention to so that your BPKB motorcycle loan application goes smoothly. You can apply for a loan with a safe and reliable motorcycle BPKB guarantee at BFI Finance with flat interest and disbursement of funds up to 60% of the value of your assets.
Come on, apply for your loan now at BFI Finance!