Hi guys, lurker here. I'm selling off my car and the potential buyer told me that he's going to loan it. He mentioned that he's going to inform me about the loan within a week whether his application came thru.
As this is my first loan deal, I do have some concerns regarding the payment process.
1. What are the things necessary needed from my part to make sure that it is a safe transaction?
2. What should I be worried of?
3. How long does it take for the money to be in my account?
Or maybe you have any other tips regarding the process that might be helpful.
If it's not too much, do run me thru the while process.
Really appreciate it guys, thanks for reading the post.
Cheers,
Simon
As this is my first loan deal, I do have some concerns regarding the payment process.
1. What are the things necessary needed from my part to make sure that it is a safe transaction?
2. What should I be worried of?
3. How long does it take for the money to be in my account?
Or maybe you have any other tips regarding the process that might be helpful.
If it's not too much, do run me thru the while process.
Really appreciate it guys, thanks for reading the post.
Cheers,
Simon