Since the financial world moves so rapidly, having immediate access to money is crucial. Car pledge (จํา นํา รถ, which is the term in Thai) services are being used by many vehicle owners to enjoy the benefits of using their cars as collateral. It has become popular due to how easy it is to access. With this, you can still use your car, unlike when you sell it for cash. 

It is particularly helpful for people who use their cars to make money. Those who drive for rideshares, deliver goods or work in sales can maintain their livelihoods. The car stays in your possession while the loan terms are met. You can adjust repayment plans according to how much a person makes every month. 

Continue reading to learn the top benefits of using a car pledge service in 2025.

Quick Access to Emergency Funds

You may encounter financial problems in life that need to be handled as soon as possible. Pledging your car for money often results in a quick response from the company. It generally takes hours to finish the application, rather than days or weeks. Many times, the funds are sent to you on the day you request them. The quickness is very helpful during medical emergencies and for urgent bill payments.

Low Level of Credit Needed

Most traditional loans consider a person’s credit rating and financial background. Car pledge services mainly base their decisions on the car’s worth instead of a person’s credit score. This method allows people with poor credit scores to get loans. This can be especially useful for people starting to build their credit. Anyone who is self-employed and has a variable income can still apply for funds.

Simple Documentation Process

The process for providing paperwork for car pledge services is simple and requires little documentation. A person usually only needs to show their ID, prove ownership of the car and present vehicle papers. There’s no need to prepare complex financial statements or check a person’s employment history in detail. So, borrowers can save time and energy. The focus stays on solving financial needs rather than paperwork challenges.

All in all, car pledge services are a useful option to resolve many financial situations in 2025. Thanks to being fast, easy to use and flexible, people are attracted to this option when buying a car. With minimal paperwork and quick processing, financial relief becomes more accessible. If you need money and still want your vehicle, car pledge offers an alternative to traditional ways of financing.