CAR LOANS
The ultimate in convenience, Auto Check lets you write a check for your vehicle purchase (up to your per-approved limit) to any dealer.
At Trust Direct we typically structured as Vehicle and Asset Finance loans. They usually require an initial deposit of up to 20%, with the remaining balance plus interest payable over 1 to 5 years. The purchased vehicle serves as collateral
Car loans are financing agreements where a lender provides funds to purchase a vehicle, which you repay over a set period with interest. Typically, the car acts as collateral, requiring a down payment (usually 10%–20%) and comprehensive insurance.