I. Contract issues:
1. If it is clear in the contract between the borrower and the guarantee company that the car will be impounded due to overdue or multiple overdue, then the guarantee company has the right to dispose of or impound the car, which is legal.
2. If the contract signed by the borrower fails to repay the loan to the guarantee company for handling, then the guarantee company has the right to handle it.
3. If the borrower fails to voluntarily give up the ownership of the vehicle after signing the contract with the guarantee company, the guarantee company has the right to deal with it.
If there is no such content in the contract between the borrower and the guarantee company, then the guarantee company has no right to detain the vehicle.
Second, personal reputation and credit problems.
1, credit requirement
(1) No 1 for 3 months (No1overdue for 3 months)
(two), there shall be no two within half a year (there shall be no two overdue for half a year).
(3) It shall not be overdue for three consecutive times in the last 24 months (24 months means that it cannot be overdue for three consecutive times and accumulated for six times in two years).
2. There are two kinds of problems in credit investigation: observation and prohibition.
(1) If the borrower belongs to the observation category, he can increase the down payment and submit additional supporting materials, which can also be used for loans.
(2) The prohibition means that the bad record is serious. Unless there is no bad record within 7 years, the borrower's loan application will no longer be accepted. Therefore, the borrower should confirm what kind of credit information it belongs to.
3. The bank divides the overdue situation into several grades: level 1 (forbidden), level 2 (secondary), level 3 (defective) and level 4 (normal):
(1) The first category (no entry) means that customers cannot obtain credit, including loans and credit cards, the same below; Generally speaking, in the last 24 months, the maximum overdue is more than 60 days, the accumulated overdue is more than 6 times (there are also 9 times) or the current account status is abnormal, including overdue, freezing, paying debts with assets, being compensated by the guarantor, etc.
(2) Level 2 (sub-level), prudently granting credit to customers. The maximum overdue in the last 24 months is 3 1-60 days, and the account has accumulated more than 3-6 times, so the account status is normal.
(3) Grade III (defect), slight breach of contract, but not enough to affect repayment, credit can be granted, and the overdue period in the last 24 months is within 30 days, or within 3 times in total.
(4) Level 4 (normal), relatively excellent customer, with no overdue or inquiry record in the last 24 months.
3. Regarding the seizure of cars, the bank will go through the following procedures:
(1) The bank will call the borrower for debt collection.
(2) If the borrower still fails to repay the loan after debt collection, it will generate a certain penalty interest and cause a bad credit record for itself.
(3) If the borrower still fails to repay the loan, the bank will send relevant staff to collect the arrears in person. (4) If the borrower fails to repay the loan until the end, the bank will take legal measures to safeguard its own rights and interests. If the borrower applies for a mortgage loan, the collateral will be auctioned by the court, and then the proceeds from the auction will be used to repay the loan.
Impact:
According to the regulations of the People's Bank of China, loans owed to banks for three consecutive times or 90 days will be blacklisted by the credit information system. If the bank loan is returned, the loan and other related businesses can be handled normally after ten years.