Uber is one of the forthcoming ways to make money. Once a white-collar job is not available, Uber is an option. These days people prefer using Uber over taxis because of the package and comfort. The good treat is increasing the market value. Since the ban of Gokada people has started using Uber.
Do you go to this post because you are looking for a way to secure an Uber car loan? In this article, I will be showing you ways that you can get a car loan. This car will meet the requirement needed to be a uber driver.
It is quite difficult to afford a car now, but there is a way out. You can enjoy a car loan from uber partnering with some of our banks. Read this article carefully to get the information you need.
Who Is An Uber Driver
Uber is a company that brings customers to sellers. Here the passenger is the customer and the driver is a seller. Uber is a middleman (company) that stands between the driver and the passenger. Their work is to make sure that each person is satisfied.
This company has a designed mobile application, that you can register and order a ride. They will connect you to the closest driver that will be at your service. An Uber driver is someone who has a car registered with Uber.
Do I Need An Uber Loan?
This question is left for you to answer. The answer can be yes or No. If you have a car that meets the required specifications by Uber then, you don’t need the loan. But, if you don’t have a car that meets uber requirements. Then you should consider getting a loan from Uber or any other source.
Minimum Requirements For Getting A Car Loan
Below are things to consider before getting a car loan. Here are a few requirements you need to meet.
- Good Credit Score – Your Credit score is your financial status, this is a major factor to consider. This entails your ability to repay back the loan. Your credit score is just your net worth.
- Debt Account – This is what lenders check before giving out loans. They will have an assessment of your debt history. How many people are your owing and your fast deals with lenders?
- Repayment History – This will guarantee your lender that you will pay back. You should have a good repayment history.
- Personal Details – This includes your details, and your personal information like name, address, email, etc.
Types Of Car Loan For Uber In Nigeria
Below are various uber car loans. You can get these loans from uber or any other source.
This loan is when you meet a bank directly for a car loan. Each bank has requirements for a car loan. This loan process in this case is always long.
Uber is now partnering with various banks to offer interested drivers a low-interest used car. One of the banks is first Nigeria, you can apply and stand an opportunity of getting a car loan. You will enjoy 20% interest per annum for the next 24 months that’s two years. This loan is available only for Uber license drivers. Visit the Uber office to apply.
Secured Car Loan
In this system, you actually need collateral to get a car loan. This method is regarded as a safe loaning system. So if you have a bad credit score, you can use your property to get a car loan.
Bad Credit Score Loan
This loan is available for people that have a bad credit score. Because of a bad credit score, you might not qualify for other loans. The interest rate on this loan is always high.
You can visit the Uber office, and check their marketing/customer care section to get a list of available loans.
Hope this article on Car Loan For Uber In Nigeria was helpful. If you have any questions use the comment box below. You can secure a loan for Uber using any of the loan types above. So, use any loan type to get your uber car.
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