Quote Originally Posted by cast_no_shadow View Post
+ 1 assume balance ka eh?

I assume you're not paying it in cash, you need to finance it.

Since declined ka sa application mo, how can you be approved this time?



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The seller and I have been discussing our options. Since nga na nadisapproved na ko, I informed him about it, so it looks like transferring the loan to my name is not an option.


An option is for me to continue the loan, without transferring it to my name. Based on what I've read, this is a bigger risk on the seller's side. My only concern is if matapos ko hulugan yung car, wala na magiging habol si buyer.

Would a Deed of Sale be enough to prove na akin na talaga yung oto?

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Quote Originally Posted by nimrod5 View Post
Hi there! Ang alam ko, punta ka din sa bank nya para i-transfer syo yung amortization, name, etc. Pero ganun pa din, hahanapan ka ng usual docs in applying for a car loan. Not sure kung sa iba ganun din.
Thanks for your input nimrod5!