1. The second mortgage of vehicles has certain real right risks, so not all institutions support the second mortgage. Customers must first find the right platform.
2. After customers find a suitable platform, they need to apply to the platform and prepare loan materials according to the requirements of the platform, generally including personal ID card, income certificate, credit report, vehicle information, etc.
3. To apply for a vehicle mortgage loan, the vehicle, mileage, age and other conditions must be met, especially for the second mortgage, and there is room for refinancing, which must be reviewed by the platform.
4. After the vehicle is approved, a loan contract can be signed with the platform. In this step, customers need to pay attention to whether the loan amount, interest rate and term in the loan contract are consistent with the agreement, and if there are any problems, they should also raise them with the lending institution as soon as possible.