In the midst of this pandemic, not a few people whose income is less than their expenses even though they are living frugally. When something happens and you need large funds, one of the most common things to do is to send your assets to school or pawn your assets. One of the commonly chosen loan products is the BPKB Motor guarantee.
The reason is, during this pandemic, many people have been laid off or temporarily laid off. Side businesses are also the main source of income, and of course, running a business requires extra capital. As well as other financial needs.
The Secretary of PT Pegadaian Persero, R Swasono Amoeng Widodo, stated that motorcycle BPKB is a valuable asset that is pretty much guaranteed as a step to get additional funds in the midst of a pandemic. By pledging a motorcycle BPKB, one can get a disbursement of funds up to 60-80% of the value of the guaranteed asset.
Well, for those of you who want to apply for a motorcycle BPKB guarantee in the midst of a pandemic, let's see the complete guide below!
How to Guarantee Motorcycle BPKB During a Pandemic
View Your Income and Expenses
Before you apply for a loan, you need to pay attention to how much your total expenses are in one month. Will your income still be sufficient to finance your regular expenses? You should consider this.
Because later, your expenses will increase with monthly installments that must be paid. Ideally, the loan amount should not exceed 30% of your total income.
Ensure BI Checking is Safe
BI Checking is a system that exists at Bank Indonesia which records the entire history of a debtor. In it there is a variety of information about the collectibility of your credit. Whether you have bad credit or not, how smooth the installment payments are, everything is clearly visible in this system.
In order for the loan to be approved, you must ensure that there are no other deferred credit loans such as KPR or KTA. If you have a credit card, pay attention to the performance of your credit card payments.
Prepare Supporting Documents
Each financial institution has different provisions. However, in general, the supporting documents that you need to prepare for applying for funds using BPKB and house certificates are:
- Photocopy of KTP and NPWP
- Photocopy of KK
- Original document of ownership of assets that will be used as collateral, BPKB, or House Certificate.
- Salary slip
- References letter
- Copy of bank statement for the last 3 months.
After the completeness of the documents has been met, you can visit the office of the financial institution that has been selected. Later, you will be explained further about the terms and conditions. Then you will also get information on how much interest rates apply, as well as the installments that you will pay.
Choose a Trusted Motorcycle BPKB Guarantee Loan
There are many financing companies in Indonesia, but choose an institution that has been registered and supervised by the OJK. Because the loan institution already has legality. This means, if something happens, you can get legal protection in accordance with the applicable laws and regulations.
Those are tips you can do to guarantee your motorcycle BPKB in the midst of a pandemic.
If you currently intend to make a loan using a motorcycle BPKB, PT BFI Finance Indonesia Tbk is a finance company you can trust.
BFI Finance has been established in 1982 and is supervised by OJK. Get motorcycle BPKB guarantee financing with low interest and a fast and safe process for your needs in the midst of a pandemic.