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Car loan


Former lawmaker Enoch Teye Mensah said members of the State Council needed cars to get around as part of their work, adding that if they were to deliver it had to come at a cost. The Government of Ghana, through the Minister of Finance, Mr. Ken Ofori-Atta, recently tabled in Parliament two loan facilities for …

What you need to prove your income and work history may depend on the type of income you earn! If you have poor credit, proving your income and work history are key elements in qualifying for a car loan. Proving your employment for a car loan When it comes to employment history, many subprime auto …

The maximum loan amount also depends on the risk appetite and internal policies of the lenders. A personal loan is the most popular and simplest type of unsecured credit that meets all types of personal needs of an individual. One can consider personal loans during any type of financial crisis, whether it is a medical …

The government has been asked to reverse its plan to absorb a 60% car loan for 275 deputies and 31 members of the Council of State. According to a senior policy analyst at the Business School of the University of Ghana, Dr Thomas Buabeng, any attempt by the government to implement the current arrangement will …

Extended warranties are not the same as an original factory warranty. Warranties generally follow the vehicle, not the driver, however, this may not be the case with a service contract. Difference between a warranty and an extended warranty An extended warranty usually doesn’t follow the vehicle in the same way as a factory warranty, nor …

Members of the Council of State with President Akufo-Addo after taking the oath Regarding the loans for the purchase of cars for public office holders, it appeared that the government also filed an offer of a car loan of $ 3.4 million for members of the State Council. The National Investment Bank’s loan request was …

BetterBond CEO Carl Coetzee advises people to do their research before buying or investing a property. BetterBond CEO Carl Coetzee explained why he recommends people spend their hard-earned savings on a home rather than a car that depreciates over time. I think your money is better spent on investing in a house, as we have …

The definition of questionable means that the quality of something is up for debate. If a lender says your credit score is questionable, chances are they mean it’s bad, or at the very least, they’re hesitant to approve you for vehicle financing. Here is what most lenders consider bad credit and the auto loan options …

New data from consumer credit reporting agency TransUnion shows South Africa’s auto finance market showing signs of recovery as start-up growth rate continues to improve, sales have increased and failure rates have improved. The mortgage market is showing sustained signs of recovery as balance growth has accelerated significantly and mortgage loan growth has improved. The …

KARACHI: Auto financing by banks hit a record high of Rs 297.5 billion in Pakistan as consumers’ appetite for vehicle ownership jumped into high gear, apparently due to the availability of financing at a relatively low interest rate despite the financial risks associated with the Covid-19 pandemic. The euphoria of owning a car has reached …