Balloon Scheme Car Loan Service Overview
Notice: Please take note that due to the recent changes on MAS Ruling, the Balloon Scheme Car Loan will no longer be workable. Please call us at +65 6444 4400 to check other possible loan options. Thank you.
If you are looking for a car loan that will enable you to borrow a huge amount of money over a short period of time but with low monthly payments, a balloon car loan will be perfect.
The main advantage of a balloon car loan is that for the loan term you get extremely low monthly payments. If you are looking to borrow a large amount of money but cannot afford large monthly payments, then a balloon car loan might be a good shot especially if you know that your financial status will improve within the next few years.
Contact us today at +65 6444 4400 for more information.
Benefits of Balloon Car Loan
- You start off with relatively small amounts of payment in comparison to regular bank car loans.
- It will help you get very low monthly payments.
- It provides a loan opportunity to those who do not have good credit scores and are not capable of paying higher monthly payments.
Eligibility
- Maximum loan amount is 90% of the Purchase Price. (Subject to approval)
- Only vehicles registered from 2003-2008 is eligible for this scheme.
Contact Ming Xi at +65 9851 8281 to know more about the Balloon Scheme Car Loan.
