If you are looking for a high credit value, but you are unable to apply for it on a personal loan, how about knowing more about the loan with a vehicle guarantee Yes?

From it, you can use your vehicle as a payment guarantee and thus access greater credit, low interest rates and more time to pay.

In addition, only with the Yes vehicle guarantee loan can you guarantee up to 40% reduction in your interest rate! So you can enjoy the loan even more!

But, before applying for it, it is interesting to know more about the loan and the conditions it has. For that, just continue in this article!

In summary, the car loan secured by Sim works in a very simple way.

First, you need to create an account at Sim and register your data so that it can find out which loan modalities can be released.

With that done, you will be able to check the released products and access offers related to the vehicle loan. In this way, you can carry out a simulation and send it to the institution.

So, with the simulation done, you just need to send your personal data and your vehicle documents so that the institution can carry out an inspection. Here, Sim's main differential is that the inspection is also 100% online!

That way, with the inspection completed, Sim will offer you a loan offer. Upon accepting it, just sign the contract and select an account you have at your preferred bank to receive the money.

With this, in up to 3 business days you will receive the money in your account and you will have made a loan with better conditions for you.

Namely, when taking out a loan with a vehicle Yes guarantee, you can access up to R$ 150 thousand of credit.

However, it is important to note that this credit value may vary depending on the state of your vehicle and the credit analysis that the institution has carried out.

To carry out the loan with a vehicle Yes guarantee, it is important that you keep an eye on the requirements that the company has.

Sim adds criteria related to the condition of your vehicle in order to accept it as a guarantee of payment. These criteria are:

By meeting these requirements, you will already be able to apply for a loan with a vehicle guarantee Yes!

When it comes to taking out a loan, it is normal to have doubts about whether this is really the best option.

For this, the ideal is to know the main advantages and disadvantages of the loan with vehicle guarantee Yes to understand if it is an interesting type of credit for your financial life!

Among the advantages of the loan, we must highlight the fact that this institution belongs to Grupo Santander, which guarantees that you will be accessing credit from a consolidated institution in the market.

But this is not the only advantage of this type of loan! Below we separate some more positive points!

In addition, this loan becomes a great option for those who are self-employed and cannot prove their income. In this way, with the loan with vehicle guarantee Yes, you can have more chances of releasing the credit!

Namely, as disadvantages, the loan with car guarantee Sim only accepts vehicles with up to 15 years of manufacture.

This prevents people who have an older vehicle from taking advantage of this type of loan.

In summary, Sim's loan is a good option for those who need access to greater credit and better interest and payment terms.

Therefore, if you liked this option, check out in the following post how the entire process of applying for a loan with a vehicle guarantee works Yes!