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Pawn shops vs. Cans.

We know perfectly well if we need to get a loan urgently and not bother with a piece of paper, then we go to a pawnshop. Pawn shops what are they, pawn shops differ from their older brothers in that they take a car as collateral. Whether it's a motorcycle, snowmobile, ATV and other vehicles. In order to get such a loan, it is enough for the client to come to the appraiser, after which his type of transport will be evaluated, and he will receive the necessary amount of money. The transport remains in the parking lot, after which it is insured, and now the auto shop is responsible for it.

To apply for such a loan, you will need a passport, a PTS and a certificate of registration of a car. How does this procedure take place in the bank? This procedure is much more complicated, there are a number of criteria for a car, the car must be no older than seven years and only category “B”. As for the documents, then it is worth to stock up on a work book and a certificate of income. Consider the difference between two lenders. Insurance services, notary services, transport assessment and contract registration in the case of a pawnshop are paid by the owner of the pawnshop, unlike the bank where the owner of the transport pays. The interest rate of the bank will be much higher than that of the auto shop. As for the car itself, if we have signed a contract with an auto pawnshop, then the transport remains at the parking lot if it remains with the owner of the car from the banks. What conclusion can be drawn from all this? In general, it is much more reliable in the bank, since fraudsters sometimes come across in auto shops. But if you need money in a short period of time, then auto shops will do much better. If you seriously think about this issue, then those who have read the article will determine for themselves what will be a favorable condition for you.

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