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As of December 2023, the value of non-performing auto loans in the Philippines reached approximately 27 billion Philippine pesos, indicating a decrease from the same month of the previous year.
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As of December 2023, the value of outstanding auto loans in the Philippines amounted to over 476 billion Philippine pesos, indicating an increase from the same month of the previous year.
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Secure a bank auto loan for your car or motorcycle in the Philippines with RCBC and enjoy budget-friendly downpayments, options, and monthly installments.
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Product Features ; Loan Amount : Brand New - Up to 80% of Net Cash Price Used Cars - Up to 70% of appraised value, Down Payment : As low as 20% SRP, Terms : Brand New - 12 to 60 months Used Cars - 12 to 48 months
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