How much deposit is required as proof of financial resources?
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How much deposit is required as proof of financial resources?

When applying for a visa or loan, proof of financial resources is key! In Taiwan, the amount of the certificate of deposit varies according to different needs. It is recommended that you reserve sufficient funds and consult professionals to ensure that the documents comply with regulations and achieve your goals smoothly.

Can I buy a car with bad credit?
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Can I buy a car with bad credit?

Want to buy a car with bad credit? Don't lose heart! Although it has become more difficult to obtain loans, it is not completely hopeless. You can make your dream come true by making good use of credit loans, seeking a guarantor, or choosing a low-threshold leasing plan. The point is, actively improve your credit, and your future car buying journey will be smoother!

How long is the maximum length of a car loan?
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How long is the maximum length of a car loan?

The term of car loan is related to your financial planning! In Taiwan, car loans can be as long as seven years, but do you really need a loan that long? Only by carefully evaluating the pressure of monthly payments, interest rates, and future car needs can you make the smart choice that suits you best and own your favorite car easily!

Is there a penalty for car loans?
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Is there a penalty for car loans?

You must know about the car loan penalty! If you repay the loan early or transfer the loan, you may face high penalty fees. Be sure to read the contract terms carefully, understand the relevant regulations on early repayment, protect your own rights and interests, manage your finances wisely, and avoid unnecessary losses!

Can a car loan be paid off in one lump sum?
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Can a car loan be paid off in one lump sum?

sure! Paying off your car loan in one go can not only save you considerable interest and get rid of debt pressure, but also improve your credit score and lay a more solid foundation for future financial planning. As a smart person, why don’t you consider getting rid of the constraints of car loans as soon as possible and enjoy a freer financial life?

Can a car be used as proof of financial resources?
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Can a car be used as proof of financial resources?

Can a car be used as proof of financial resources? The answer is: in some cases, yes. In Taiwan, the value of a vehicle does reflect a certain degree of financial status. For example, when applying for a loan, the vehicle may serve as collateral. But please note that the value of a vehicle is not absolute and needs to be accompanied by other asset proof to fully demonstrate your financial resources.