Economic growth is developing, which is meant in motor vehicle ownership loans such as car loans, it is not wrong if the growth of leasing and banking that provides convenience in applying for car loans is growing. In addition, during the Ramadhan month, car loans have increased because many residents want to visit the impression that you are using a private vehicle with the reason that it is more efficient and saves money.
Who want a car loan but are still confused about credit from leasing or banking
We recommend if you have a personal vehicle loan according to where you are saving. Why is that besides being able to auto debit from an account directly you can also get a credit score banking balance that will affect your credit footprint or credibility. Credit reports are used by loan companies to help determine whether you are at risk and whether you will repay the loan you received. There are some easy steps you can take to improve your credit score, but many of these actions you should not take.
Currently, there are many choices for your credit payment, you can make car loan and credit card payments in the Giant application, because only in the Giant your credit score can be known every time you make payments every month and the more you trade in the Giant, your Giant score also will increase the following it is one of the benefits if you make credit payments at Giant. So no need to wait any longer, want to know information about the Giant? Immediately download the Giant application on your mobile application for Free.
Here it is 5 convenience of car loans at the Bank
- Low Interest Rates
In general, car loans through leasing or banks are almost the same. But the advantage, when you take credit at the bank, then you can receive interest rates that are relatively lower than when you took the lease.
- No Need to Pay Cash
You only pay a down payment or down payment (DP) of 25% of the base price of the vehicle you desire. You do not need to wait long until the money is fully collected, to buy a car. If the need to own a car is an urgent matter, then credit through banks is the right way.
- Light installments
Payment feels lighter by paying in installments at a bank. Actually psychologically beneficial. With installments, cash flow or your finances can be used for other needs. Your monthly income can be used for daily needs and some for car installments.
- Long Term
The payment period is relatively long. You can pay in installments with a credit period of up to 6 (six) years. But you should adjust your income. Be wise in determining the time period, in order to avoid bad credit.
- Can Increase Capital
When you buy a car for business activities, this method is the most profitable. By taking credit at a bank, enough business capital is taken just to pay a down payment, so that capital turnover can be maintained.
Installments can be completed from the margins of your business
If you have determined the desired car, just go directly to the Bank Branch Office that you trust as a bank that will provide car loans to you. Whatever type of credit you are running right now, try to pay your credit on time every month with never being late paying, you as a user will avoid late fees.