At the same time, I will also issue a loan settlement certificate for you, bring the above materials and the loan contract signed with the lending institution, and go to the vehicle management office to handle the vehicle mortgage cancellation registration. 2. Change the first beneficiary of auto insurance. Previously, due to the restrictions of lending institutions, the first beneficiary of auto insurance was sometimes a lending institution, so after all the loans were settled, the first beneficiary of insurance was changed to himself. Extended information 1. Auto loan application 1. Car buyers must be at least 18 years old and have full capacity for civil conduct in China. 2. The car buyer must have a relatively stable occupation, a relatively stable economic income or assets that are easy to realize in order to repay the loan principal and interest on schedule. Assets that are easy to realize here generally refer to securities and gold and silver products. 3. During the loan application period, the car buyer will deposit the down payment of the car into the bank savings counter account, which is lower than the amount stipulated by the bank. 4. Provide banks with bank-approved guarantees. If the personal account of the car buyer is not local, it should also provide joint liability guarantee, and the bank will not accept the mortgage set by the car buyer for the car purchased by the loan.