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asked about General

about 3 years ago

Do I need to clear my outstanding loan before taking up Private Hire scheme?

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How can we assist you?

1 Answer

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Joanna

Yes the loan would need to be settled with the financial company before commencing the private hire scheme process for a vehicle to be used for uber and grab.

If you already own a car, you can still convert your car under a Private Hire Car Scheme. However if your car still has outstanding loan, you may need to settle your outstanding car loan before you get a new loan under the sole proprietor company name.

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about 3 years ago