At Cash Fast Loans how it works to obtain a cash loan is relatively easy. Whether you are a private or business borrower or maybe have bad credit.
This helpful how it works loan checklist is provided as a guide for those wanting to pawn their asset or vehicle and borrow money.
How It Works?
Get your cash loan in a matter of minutes. We offer loans against the value of an asset pledged by borrowers as loan security.
To ensure borrowers don’t default on their debit, asset remains with Cash Fast Loans until the debt is paid in full.
Ownership and Rights
You must own or have the rights to an asset that you intend to pledge as security against your cash loan.
What Amount Will We lend?
Loans offered vary from $500 up to $200,000. The individual amount lent is advanced based on borrower’s need and value of their asset pledged.
What Assets Do We Lend Against?
We’ll consider most makes and types of automotive assets as loan security including Cars, Motorcycles, Trucks and furthermore all the various Watercraft and Machinery assets.
Terms and Conditions
Loan contracts are set at three-months but can be finalized earlier or later with no penalty fees incurred.
Loan repayments are not necessary for the first 90 days; however, you may at your choice pay periodically or at loan expiry.
Should you wish to extend past the loan term, a fee must be paid prior to the final date of the original agreed loan term.
Hassle-free Loan
Receiving money on your asset is trouble-free and you’ll obtain cash in just 30 minutes.
Loan Checklist for what we require from you
Borrowers need to provide proof of identification and ownership or rights to the asset being pledged.
Should this be difficult, contact Cash Fast Loans and we’ll obtain a solution.
Proof of Identity Documents
- Photo drivers’ licence or passport
- Bank card, seniors or medicare card
Proof of Ownership Documents
- Registration certificate.
- Purchase invoice or receipt.
- Ability to login into NSW services.
- Last resort, we’ll call NSW Services.
Where Do I Visit for A Loan?
Visit our North Parramatta Head Office with your asset. (Directions)
- Upon arrival, we’ll assess your asset and verify ownership.
- Once a loan amount has been agreed.
- Simply sign the paperwork
- Receive your payment in cash or bank transfer immediately.
Finalising Your Loan
Call and provide notice so we have your asset available for collection.
Frequently Asked Questions
Answers to Your Queries You May Have?
Does one have to be employed?
Employment is not necessary when pawning an asset for a loan.
I don’t have a driver’s licence?
Any photo identification or documentation displaying name and address is suitable.
Do i require good credit score to obtain a loan?
Your credit rating or score is irrelevant to obtaining a loan from Cash Fast Loans.
Can i pawn a vehicle that’s unregistered or registered in another state?
Yes, providing ownership can be verified either by documentation or online.
Does vehicle ownership or registration have to be in my name?
This is not necessary; simply provide sufficient proof you have rights and are justified in pawning the asset.
