The BMG car loan is a very attractive option for accessing credit, where you can borrow money and pay much lower interest than on personal loans.

Therefore, with a BMG loan, any vehicle up to 15 years old can be used as collateral to give you access to the credit amount.

Therefore, first of all you must check whether you meet the requirements to apply for a loan with a BMG car guarantee.

In this sense, if so, just check the post below to see how the credit application process works on the main channels.

If you want to apply for a BMG car loan with collateral through the bank's official website, simply access it and click on the “Make your simulation” button.

Once this is done, select the option “Simulate with vehicle as collateral” and then provide the data on the amount of the loan you wish to take out.

If after completing this step you want to continue taking out a loan with a BMG car guarantee, simply continue and provide your personal details to the bank to carry out the credit analysis.

This way, after the analysis is completed, you will be able to know the amount that the bank approved. Upon acceptance, the bank will inspect the vehicle and then proceed with the signing of the contract to formalize it.

In short, BMG bank is one of the few institutions that allows you to contract financial services through a phone call with its consultants.

Therefore, if you prefer, you can continue calling 0800 724 3070 to speak to a consultant about the BMG car loan with collateral.

Finally, you can also apply for a BMG car loan with collateral from its official app.

To do this, simply download and install the application and ask to perform a credit simulation.

So, you add information about the amount to be contracted along with your personal data and wait for the response from the credit analysis that the bank carries out.

This way, once you have the results in hand, you just need to continue with the other steps of analyzing the vehicle and, if everything is in order, sign the contract.

Although the BMG car loan with collateral offers great advantages, it is also interesting to know other loan options for you to take out.

One of them is the loan offered by Bradesco bank. With it, you can convert up to 60% of the vehicle's value into credit, in addition to being able to access installments with very low amounts.

So, if you liked this option, check out the following post to see how you can apply for this loan with a car guarantee.