After the car loan is paid off, the process of handling the car release formalities is as follows:
Bring your valid ID card, loan settlement certificate and motor vehicle registration certificate to the vehicle management office where the vehicle is registered. The staff will ask you to fill out the Application Form for Motor Vehicle Mortgage Registration/Pledge Filing and submit the information to the staff. After accepting it, go to the certificate making window and add the information of "date of mortgage cancellation and cancellation" on your motor vehicle registration certificate.
In order to maintain a good credit record, we should also pay attention to our online loan big data in time. This can be done by: building a quick check in the north, clicking on the query to see our own online loan big data report, so as to maintain good credit at all times.
Extended data:
How to go through the formalities of vehicle release after the car loan is paid off?
Because the vehicle registration certificate when handling the car loan is mortgaged in the bank, it is necessary to issue a settlement certificate after paying off the loan, and at the same time recover the vehicle registration certificate, vehicle certificate, car purchase contract and mortgage materials. Then bring the above materials, personal identification and repayment bank card to the vehicle management office to cancel the mortgage registration, and then you can go through the formalities of transfer and licensing.
The second step is to go to the auto insurance company to change the insurance beneficiary. If it is a loan to buy a car, the beneficiary of auto insurance is the bank, so after the owner pays off the car loan, he needs to go to the insurance company to change the beneficiary. If the owner has not changed, then the beneficiary is the bank, not the owner, and will benefit from future accidents.
The third step is to go to the bank for settlement. After paying off the car loan, it is also very important for the borrower to prove that he has paid off the loan through settlement procedures.
Finally, after the car loan is settled, it is best to drive the vehicle to the 4s shop for inspection and remove the hidden GPS positioning device to protect personal privacy. Of course, it is not excluded that some vehicles are not equipped with GPS positioning devices.
Generally speaking, after the car loan is paid off and the mortgage is lifted, you need to go through the formalities of car loan settlement, change the beneficiary of car insurance and dismantle the GPS device, so you can drive your own car with peace of mind.
How to cancel the mortgage after paying off the car loan?
Process of releasing mortgage after paying off car loan:
1. After deducting the last month's mortgage payment, it will take about 10 working days to get your mortgage back at the bank that handles the car installment payment. The bank's credit card car is in stages. It is best to call the bank's customer service phone in advance to ask if it has been completely settled. The customer service phone number can be found on the back of the repayment card. For car loans handled by financial companies, you can call the customer service phone number of your financial company or go to the car dealer for consultation.
2. To obtain a motor vehicle registration certificate, you must hold an ID card. Other possible procedures include: motor vehicle driving license, bank repayment details, etc.
3. After getting the registration certificate, the next step is to go to the local vehicle management office to handle the vehicle mortgage cancellation procedures. Materials to be brought together include: motor vehicle registration certificate, loan settlement certificate issued by the lending institution, lender organization code certificate, motor vehicle mortgage registration/pledge filing application form, power of attorney, and motor vehicle owner's ID card. This information will be given to us by the financial institution that handles the car loan when handing over the registration certificate.
4. After going to the lobby of the vehicle management office, you can handle it at the corresponding service window.
What procedures do I need to go through after paying off my car loan?
1. What are the procedures for repaying the loan?
1. After the car loan is paid off, the mortgage cancellation registration is required. The borrower should go to the local vehicle management office to cancel the mortgage registration, and then get back the car property certificate, so that the car will truly belong to the owner. When handling the mortgage cancellation registration procedures, you must prepare the valid identity documents of the borrower, the applicant and the vehicle owner, the loan contract signed with the bank, the loan repayment card, the original motor vehicle registration certificate and other materials.
2. Legal basis: Article 394th of the Civil Code of People's Republic of China (PRC).
In order to ensure the performance of the debt, if the debtor or a third party mortgages the property to the creditor without transferring the possession of the property, if the debtor fails to perform the due debt or realize the mortgage according to the agreement of the parties, the creditor has the right to be compensated in priority for the property.
The debtor or the third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property that provides guarantee is the mortgaged property.
Article 395
The following properties that the debtor or a third party has the right to dispose of may be mortgaged:
(a) buildings and other land attachments;
(2) The right to use construction land;
(3) the right to use the sea area;
(4) Production equipment, raw materials, semi-finished products and products;
(5) Buildings, ships and aircraft under construction;
(6) means of transportation;
(seven) other property not prohibited by laws and administrative regulations.
The mortgagor may mortgage the property listed in the preceding paragraph together.
2. What are the procedures for buying a car with a loan?
The loan to buy a car needs to go through the following procedures:
1. The buyer needs to provide valid identity documents, and temporary id card can also provide them;
2. If you are married, you need to provide a copy of your marriage certificate and your spouse's ID card;
3, proof of residence, you need to provide proof of residence in the permanent residence, such as the electricity bill for the past 6 months, if you have real estate in the permanent residence, you need to provide real estate license;
4 proof of work and income, and provide proof of income stamped with the official seal of the work unit.
What should I do after paying off the car loan?
After paying off the loan, Pacific Auto Network needs to get back the motor vehicle registration certificate and the car purchase invoice, because without these things, it will be impossible to prove the ownership of the vehicle.
After the car loan is paid off, go through the formalities:
1. Get the vehicle registration certificate back. Buying a car by stages means putting the vehicle as collateral in a banking institution to apply for a loan. Therefore, after the car loan is paid off, the first thing to do is to get back your motor vehicle registration certificate and loan settlement certificate from the bank, such as the bank's automobile mortgage contract and automobile mortgage repayment certificate. It is best to call the customer service phone of the bank or institution in advance to ask clearly, so as to avoid a trip in vain.
2. Cancellation of automobile mortgage registration. The next step to get the motor vehicle registration certificate and loan settlement certificate is to go to the vehicle management office to cancel the automobile mortgage registration, fill out the Application Form for Cancellation of Motor Vehicle Mortgage Registration in the corresponding window, and then submit the prepared materials, so that the automobile mortgage registration can be cancelled. The registered bank no longer owns the vehicle and belongs to the owner.
3. The last step is to change the first beneficiary of auto insurance. Previously, limited by the conditions offered by the lending institutions, the first beneficiary of buying auto insurance was sometimes the lending institution, so don't forget to change the first beneficiary of insurance to yourself after you settle all the car loans. You must remember this step, and don't get lost in the procedure of how to apply for a car loan.
(Photo/Text/Photo: Pacific Auto Network Qi Song He)
What are the procedures and processes for paying off the car loan?
After the car loan is paid off, the process to be handled is as follows:
1. After the car loan is settled, the standard will provide relevant materials for the car loan, including purchase tax invoices and repayment vouchers;
2. Go to the lending institution to settle the car loan;
3. After the car loan procedures are settled, go to the vehicle management office to get the motor vehicle registration certificate with relevant procedures.
What materials do you need to prepare for car loan?
The materials needed for car loan are:
1, personal loan application;
2. Valid identification of individuals and spouses;
3, I and my spouse's occupation, position and income certificate;
4. Marriage certificate and household registration book;
5. Original ID card, residence booklet or other valid residence certificate, and provide a copy.
Legal basis: Article 68 1 of the Civil Code of People's Republic of China (PRC).
A surety contract is a contract in which the surety and the creditor agree that the surety will perform the debt or assume the responsibility when the debtor fails to perform the due debt or the circumstances agreed by the parties occur.
Article 682
The guarantee contract is a subsidiary contract of the principal creditor's rights and debts contract. If the principal creditor's rights and debts contract is invalid, the guarantee contract is invalid, unless otherwise stipulated by law.
If the debtor, guarantor and creditor are at fault after the guaranty contract is confirmed to be invalid, they shall bear corresponding civil liabilities according to their faults.
I want to put a car loan, but I haven't paid it off. What should I do? This concludes our introduction. I wonder if you found the information you need from it?