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Frequently Asked Questions

Comparison of services

Fast and hassle-free applying

 
  • Loan amount
  • Contract fee
  • Down payment
  • Repayment period
  • Financing
  • Ownership
  • Private / business customer
Unsecured car loan
  • up to 15,000 €
  • 0 €
  • from 0%
  • up to 72 months
  • up to 100%
  • Borrower
  • For private clients
Car loan
  • up to 15,000 €
  • 0 €
  • from 0%
  • up to 72 months
  • up to 100%
  • Mogo
  • For private and business clients
Leaseback
  • up to 10,000 €
  • 0 €
  • from 0%
  • up to 72 months
  • up to 100%
  • Mogo
  • For private and business clients

Questions and answers on all services

Applying

  • What are the requirements for applying for a car loan?
  • How do I apply for a loan?
  • When do I need a guarantor?
  • Can I apply for a car loan, if I already have credit responsibilities?

The process of buying a vehicle

  • How can I purchase a vehicle from Mogo’s partner?
  • How can I purchase a vehicle from a private person or a company that is not one of Mogo’s partners?
  • Which documents are needed to draw up a contract?
  • Does the car have to have a valid traffic insurance and casco?

Payments

  • How is the loan repayment done?
  • How long does it take to process the payment?
  • Can I repay the loan earlier?
  • What happens in case I cannot repay the loan?

Useful information

Financial services can involve risks and obligations, so we recommend that you carefully consider the need for the service. For example, a loan for the amount of 4,500 euros for 5 years with an interest rate of 1.75% and a credit cost rate of 23.14%, a monthly loan repayment will be 121.74 euros and a total loan repayment will be 7304.41 euros. The calculation is approximate and may differ from the terms offered to you depending on your application details.

23-09-2021 21:45:47
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