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Auto Lombard

If you need money and have a car, Credo Bank auto pawnshop service is the best opportunity to get a loan quickly!

Money is issued through guaranteeing the car only.

After presenting your ID card and vehicle technical passport, a Credo Bank expert will evaluate your vehicle, you will make a flexible loan repayment schedule yourself and enjoy a grace period of up to 6 months on the principal amount if needed.

Most importantly, the car remains in your name, in your ownership - with the right to drive. And, if you have the amount that needs to be repaid in advance, you will be able to repay it in advance at any time.

Conditions
  • Amount - from 2500 to 50 000 GEL
  • Term - up to 72 months
  • From 2% per month, annual effective interest rate - from 27.7%
  • Issuance fee - 0%
  • Life insurance - not required
  • Age of the car at the end of the loan term - max. 20 years, in case of requesting up to 5000 GEL - 25 years
  • Grace period on the principal amount - up to 6 months
Advantages
  • Ability to receive money only by guaranteeing a car
  • Quick and easy procedure
  • During the loan period, the car remains in the ownership of the customer, with the right to drive
  • Flexible payment schedule