Details.
Asset-backed loan using a car registration document as collateral. Requires an identity card, citizen identification card or passport, and the original vehicle registration document. F88 may allow customers to borrow the vehicle back for transportation during the collateral period. Loan terms range from 6 to 18 months, with funds typically received within 15 to 30 minutes after complete documentation, by cash or bank transfer. Interest and loan costs, when converted on the original principal balance, are stated as 2.6% to 4.6% per month.