loans

How to Apply for a Secured Car Loan Yes

The application for a loan with a car guarantee is done entirely online, including the inspection of your vehicle! This way, you can take out a loan without bureaucracy and receive the money quickly in your account. Find out more here.

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Completely online application and money in your account within 3 days

Em pouco tempo o dinheiro pode ser liberado para você! Fonte: Sim.
In a short time the money can be released to you! Source: Yes.

The loan with car collateral Sim is an interesting option for those who have a vehicle and want to access a larger credit with good conditions.

Only with this loan option can you access low interest rates and up to 60 months to pay off the loan!

card

secured loan

Yes

reduced rates great deadline

Interest of 1,20% am to access up to R$ 150 thousand in credit!

You will be redirected to another website

And the best part is that the loan can be requested entirely online, where even the vehicle inspection can be done through the financial institution's digital channels.

If you liked the Sim car loan and want to apply for yours, stay with us in this article and understand below how applying for this credit works.

Order online

To apply for a Sim car loan online, you just need to access the financial institution’s website and click on the “Login” button. By doing so, you will be redirected to the login page for your Sim account.

If you don't have one, you can register on the same page. Once you have done this, you can simulate the loan amount and send your personal data and vehicle documents.

This way, the institution will be able to inspect the vehicle and offer you a credit offer.

Once you accept it, you just need to sign the loan agreement to formalize the action and go to the DMV where your vehicle is registered to reissue the document.

Request via phone

A solicitação só pode ser feita por meios digitais. Fonte: Pexels.
The request can only be made by digital means. Source: Pexels.

At the moment, it is not possible to obtain a loan with a Sim car guarantee via a phone call. The only available channels are the website and the app.

Request by app

Finally, you can also apply for a loan with a car guarantee via the app.

Here the process is simple and works the same way as on the website. Therefore, you must first download the app and access your account.

Then just simulate the credit, send your personal data and vehicle documents so that the inspection can be carried out.

Once this is done, simply accept the offer that Sim offers after analysis and continue signing the contract.

Loan secured by a car Sim or loan secured by a car BMG: which one to choose?

As much as the Sim loan offers great advantages, there are also other loan options that you can apply for with a car as collateral.

One of them is the BMG car loan, where you access around 12.5% in interest per year and still have up to 60 months to pay.

Therefore, if you liked the features of the BMG bank's car loan, check out the post below to find out how to apply!

Loan with car guarantee YesLoan with car guarantee BMG
Minimum Incomenot informednot informed
Interest rateFrom 1,20% per month12.5% per year
Deadline to pay60 months60 months
Where to use the creditAs you wishAs you wish
BenefitsProcess 100% online
Up to 45 days to start paying
reduced interest
Lower interest rates
60 months to pay
Simple process
This is a comparison of these two loan models

How to apply for a BMG loan

Find out how to access a secured loan that offers better conditions!

About the author  /  Leticia Jordan

Hello! I have a degree in Marketing and ended up discovering my passion in the area of content production! Today I have experience writing about digital marketing and personal finance where I always focus on delivering the information that the public needs most.

Reviewed by  /  Junior Aguiar

Senior Editor

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