Requirements Guide

What are the requirements for a car loan?

Car loan requirements depend on your employment type, income source, vehicle, and the reviewing bank or financing partner.

Employed applicants

Prepare valid government IDs, proof of billing, latest payslips, certificate of employment, and income tax return when available.

Common documents include valid IDs, passport, contract or certificate of employment, proof of remittance, and allotment slip when applicable.

Prepare business registration documents, permits, bank statements, valid IDs, proof of billing, and income documents that support your application.

Businesses may need SEC or DTI documents, permits, board resolution or secretary certificate, bank statements, and authorized signatory IDs.

Used vehicle and Sangla OR/CR inquiries may require the OR/CR, appraisal details, vehicle photos, and ownership verification.

FAQ

What is Sangla OR/CR?

It is a type of loan where your car's OR and CR are used as collateral. You can still use your car while your loan is being processed.

Do I need to surrender my car?

No. AutoTrustPH lets you keep and continue using your car. We only hold the OR/CR documents as collateral.

What vehicles are accepted?

We accept SUVs, sedans, pickups, and trucks from 2015 onwards. Motorcycles may be reviewed separately.

How much can I loan?

You can borrow up to 70% of your car's appraised value. The final amount depends on vehicle year, brand, condition, and review.

How fast is the approval?

Assessment is usually done on the same day. Loan release typically happens within 1 to 2 business days after submitting complete requirements.

Inquiry

Send your vehicle details, budget, documents, or calculator estimate. AutoTrustPH will review and help you choose the next step.