behavior It is a factor that causes the creation of new financial products. quickly in the Covid era Car refinancing loans are one of the products that are being talked about. Because consumers are familiar with And there is continuous development of digital services. "Car for Cash", the market leader in loans for car owners, revealed that consumers have increased expectations for car refinancing services. Both in terms of product design that is open and diverse. Including a convenient and fast service experience. Here are 5 trends worth watching in the car loan market in the post-COVID era. 1. When the world is uncertain Credit demand may not adjust seasonally. Demand for car loans usually increases during back-to-school
months when parents have high expenses, such as May Phone Number List and August, but COVID has changed this demand trend. Cars for Cash found that demand for loans adjusts. Situations that have wide-ranging effects, such as the opening and closing of the country or the rate of spread And amidst a situation that is still highly uncertain due to other economic factors, it is expected that the demand for loans for car owners will continue to exist. Even though it's not the regular season. 2. Convenience is the new standard Loan services through digital platforms It's an example of a service that has continued to grow since COVID until now.
The total amount of new loans through Car for Cash's digital channels in the first half of the year grew 74% from the previous year. While delivering delivery service Check the condition of the car and make a contract at your doorstep. It has become what customers expect. Currently, Car for Cash Delivery service covers areas all over the country. The farthest distance that the staff has ever provided service is Nakhon Sawan - Narathiwat, or approximately 1,300 kilometers. b136cd1b2a82bccf9e2ee5dd8639b48b0fddbe366083bd1dc91187b263973913 3. General expenses - Expanding your business - Closing debt are the 3 main reasons for using credit. Because car refinancing is a multi-purpose loan. Users therefore have different objectives in using the credit limit. From Car for Cash's data collection, it was found that the top 3 reasons remain unchanged: