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RBTT Motor Vehicle Loan
RBTT has joined other banks – such as ScotiaBank and NCB – and seems now to be aggressively pushing its motor vehicle loan options. Here are details from their ad in today’s Jamaica Observer newspaper: You can’t go wrong with an RBTT motor vehicle loan! Financing: Up to 90% on new and used vehicles Financing for vehicles up to [...]
Continue reading...C&WJ Credit Union Motor Car Loan Reduced To 16.5%
15. February 2010
In November 2009, we mentioned that C&WJ Credit Union’s motor car loans were available, with interest rate starting at 20% per annum. Yesterday’s Sunday Gleaner has a new C&WJ Credit Union Motor Car Loan ad which speaks to the fact that financing your car through them is now more affordable, with interest rate starting at 16.5% [...]
Continue reading...First Global Lowers Its Car Loan Rates As Well
7. February 2010
Hot on the heels of both NCB and Scotiabank announcing lowered car loan rates via newspaper ads, today’s Jamaica Observer newspaper features a First Global Bank advertisement about its 16.95% car loan rate (down from 19.75% in November 2009). Here are the details from the ad today: Buying a car just got a lot easier New lower rates Better [...]
Continue reading...ScotiaWheels Now 16.95%
5. February 2010
Late last year, we mentioned ScotiaBank’s ScotiaWheels with its 19.75% interest rate on loans for new or used cars. Now, today’s Jamaica Observer newspaper features a full-page ScotiaWheels ad with a new low rate of 16.95%. Here are the details are per the ad: 16.95% interest rate 95% financing * 84 months to repay * $10,000 cash for gas [...]
Continue reading...Car Loan Delinquency On The Rise In Jamaica
15. January 2010
According to a report in today’s Jamaica Observer newspaper, car loan delinquency is on the rise here in Jamaica. It states that the massive job losses and fallout from the collapse of the alternative investment schemes (e.g. Olint & Cash Plus) still account for many Jamaicans not being able to pay their bills. One symptom [...]
Continue reading...ScotiaWheels
18. December 2009
Scotiabank has been heavily advertising its ScotiaWheels car loan product in the print media, and on radio and television. Below are some of the details: 19.75% interest rate (offer good from December 16, 2009 to March 31, 2010 – Conditions apply) 95% financing 84 months to repay $10,000 ‘cash for gas’ For more information, please call 1-888-4SCOTIA, or visit your [...]
Continue reading...First Global Bank Car Loan
29. November 2009
First Global announces via an advertisement in today’s Sunday Herald newspaper, that it now offers lower interest rates on car loans. More details from the ad: First Global gives you more where it counts As low as 19.75% p.a. (conditions apply; rates are subject to change) and US$ loan rates as low 12.25% p.a. For more information, visit First [...]
Continue reading...C&WJ Credit Union Motor Car Loan
15. November 2009
C&WJ Co-operative Credit Union Ltd. has an advertisement in today’s Gleaner newspaper, announcing that: “OUR MOTOR CAR LOAN IS BACK” Details: Interest rate starting at 20% p.a. (reducing balance) We finance motor cars up to ten years old Share equity starting at 10% Group insurance scheme coverage and insurance premium financing available Free loan protection coverage (up to $1 million) Free life [...]
Continue reading...Notice To All Fortune Corporation Car Loan Customers
9. November 2009
The following notice to all Fortune Corporation Limited car loan customers was published in today’s newspapers: “Please be advised that effective Tuesday, November 10, 2009 all car loan payments will be collected at the offices of AIM Financial Corporation Limited, 19 West Kings House Road, Kingston 10, situated opposite to the offices of Fortune Corporation Limited. [...]
Continue reading...Financial Institutions Offering Special Car Loan Rates
1. November 2009
In anticipation of a pre-holiday spending surge, several local banks and financial institutions have been lowering their car loan rates – in an effort to woo a hesitant consuming public. Last week, First Caribbean International Bank Jamaica Limited (FCIBJ) began offering existing car owners a refinancing loan for cars no older than two years, as well [...]
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26. February 2010
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