Auto loans (second hand)

Eligibility criteria

• Age between 18 and 70 years old;
• Auto loans can be granted to sailors or persons with liberal professions (e.g. notaries, lawyers, doctors, pharmacists etc.), with respect to the general conditions of car loans;
• The monthly net income must be minimum 461 RON;
• The applicant should have a working contract for an unlimited period or at least equal with the credit period;
• The applicant should work with the same employer for at least 3 months or have continuous professional activity of a year;
• The borrower must not have back payments at Credit Europe Bank (Romania) S.A. or other financial institutions;

Advantages

• Quarterly payments for CASCO insurance policy is allowed;
• The possibility to choose any insurance company;
• The vehicle can be purchased from any Dealer;
• Easiest documentation;
• Immediate agreement of principle using credit scoring, and final approval it is given in maximum 48h from the request date;
• Loans can be granted without guarantor;
• Incomes from family members are accepted and the co-debtor must have the same minimum income as the applicant.

How can you obtain the credit?

Come to Credit Europe Bank with the following documents

• ID copy;
• Income statement
• Work contract in copy and eventually other documents according to the specific situation of each solicitor and soon you can go shopping!

Additional documents requested

If the vehicle is purchased from an authorized dealer:

• pro-forma invoice or commercial invoice;

In this case the equivalent value of the vehicle will be transferred in the dealer's account (respectively the value of the approved credit);

If the vehicle is purchased from an individual:

• sale contract with the seller concluded to the Police department.