Is it reasonable for financial companies to decompress 500 yuan?

Hello, this is unreasonable and should be based on the contract and legal basis. As long as the financial company issues loan repayment documents and other related documents, the owner can take the documents and the big green paper to the vehicle management office. As for the charge, you can consult the vehicle management office. Generally, there is no charge.

Article 24 of the Regulations on Motor Vehicle Registration

Apply for cancellation of mortgage registration

(a) the identity certificate of the motor vehicle owner and the mortgagee;

(2) Motor vehicle registration certificate.

If the people's court mediates, makes a judgment or orders to cancel the mortgage, the owner or mortgagee of the motor vehicle shall fill in the application form and submit the motor vehicle registration certificate, the effective mediation, ruling or judgment issued by the people's court, and the corresponding notice of assistance in execution.

The vehicle management office shall, within one day from the date of acceptance, review the submitted documents and vouchers, and annotate the contents and date of cancellation of mortgage registration on the motor vehicle registration certificate.