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A prosecutor dismissed criminal charges Thursday against a St. George man accused of helping to orchestrate a large-scale car loan fraud, the latest in a string of developments regarding the principal.
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Borrowing Money against your car or truck with Borrow Against Your Car is very easy due to the low qualifying requirements since your vehicle is used as security to secure the loan and the fact that no credit checks are required.
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The most frequently used name for a loan against a car is a "logbook loan" and this form of lending against a vehicle can frequently payout within the same day. At Mobile Money we can provide payment of loans secured against cars within 24 hours (subject to suitability and affordability checks) and in many instances we can payout within 1 hour of your loan being approved.
According to court documents, Gilbert has pleaded not guilty to the charge, which alleges he made false statements to a federally insured credit union to obtain a $745,000 mortgage loan.
Many other banks and lenders such as ICICI Bank, Mahindra Finance, Kotak Mahindra also offer loan against car options. Eligibility to avail a Loan against car. The loan applicant should be at least 21 years and a maximum of 60 to 65 years at the time of applying for the loan. Salaried persons as well as self-employed individuals can apply for the loan.
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