Vehicle
Auto equity: credit secured by your vehicle
Your paid-off car as collateral: money fast, at a rate well below personal credit.
What it is
You use a vehicle you already own outright as collateral and keep driving it normally. The lien is recorded on the vehicle document and lifted at the end of the contract.
It is the bridge between the speed of personal credit and the low cost of a secured deal.
When it makes sense
- You need money in days, not weeks
- You do not want to pledge your property
- The amount you need fits within the value of the car
How it works
- ValuationYear, model and condition of the vehicle.
- OfferI compare the institutions that work this line.
- InspectionA simple inspection, in person or through an app.
- ReleaseLien recorded and money in your account.
What you will need
- Vehicle registration document (CRLV)
- Proof that the vehicle is paid off
- Photo ID, CPF (Brazilian individual tax ID) and proof of income
- Proof of address
The list can change with the institution and the size of the deal. I confirm what is actually required before you gather a single document.
Also in vehicle
Next step
Tell me your goal. The simulation is free and takes fifteen minutes.
If the best offer is the one you already have, I will tell you. If it is not, you will know exactly how much you were leaving on the table.