In our daily life, we will inevitably encounter various situations of lack of money, but if you have a car, you can easily solve this problem, because it is easy to get a loan by means of vehicle mortgage. So what are the conditions of Wuhan vehicle mortgage loan? Let's take a look.
Wuhan automobile mortgage application conditions
Car mortgage has certain requirements for the borrower and the mortgaged car, as follows:
1, the applicant is required to be 25-55 years old and can provide valid identification;
2. The borrower has a fixed job and legal income, which means that he must have a certain repayment ability;
3. Personal credit record is good and there is no credit stain. Some private lending institutions do not pay much attention to credit reporting, as long as there is no serious malicious overdue phenomenon;
4. The borrower owns all the rights and interests of the vehicle, and the vehicle certificate under its name is complete and currently unsecured;
5. For the mortgaged car, the bank requires that the car age is less than 5 years, the journey is less than 80,000 kilometers, and the mortgaged car is valued at more than 70,000 yuan.
Wuhan automobile mortgage application materials
Borrower's information: identity certificate, household registration book, work certificate, bank account, marriage certificate and other information required by the lending institution.
Vehicle information: ownership certificate, driving license, motor vehicle registration certificate of mortgaged vehicle, original purchase invoice, purchase additional tax book, vehicle insurance certificate, vehicle and vessel tax payment certificate, road maintenance fee payment certificate, and vehicle tariff certificate of imported vehicle.
Wuhan Automobile Mortgage Bank Application Process
Vehicle mortgage loan is a common way of mortgage loan, but some people in Wuhan have no loan experience and don't know how to handle the bank vehicle mortgage loan and what procedures need to be handled. Then let's introduce the application process of Wuhan Vehicle Mortgage Bank.
1. The borrower applies to the local bank and prepares the corresponding application materials, generally including ID card or military officer's card, household registration book, work certificate, bank account, marriage certificate, mortgaged vehicle ownership certificate, driving license, etc.
2. After submitting the above materials, the bank will conduct a preliminary examination of the borrower's qualifications according to the submitted materials, evaluate the value of the mortgaged vehicle, and then determine the loan scheme such as loan amount, term and interest;
3. The account manager submits all loan review materials, evaluation reports or investigation opinions to the approver for approval;
4. After approval, the borrower signs a vehicle mortgage loan contract with the bank, which is notarized by a notary office;
5. The bank shall handle the mortgage registration formalities with the relevant documents and notarial certificate of the loan contract;
The bank will transfer the loan to the borrower's account according to the contract, and the borrower can wait for the money to arrive.
The above is the application process of Wuhan Vehicle Mortgage Bank, which seems quite complicated, but in general, it is actually the steps of application, review, signing a contract, handling mortgage procedures and lending. The account manager of the loan bank will tell you exactly what to do, and any other problems can be understood through the account manager, so don't worry.
Can loan users apply for Wuhan vehicle mortgage loan?
There are three channels to handle vehicle mortgage loans in Wuhan, namely banks, private lending institutions and auto financing companies. So through what channels can loan users make vehicle mortgage loans in Wuhan? The following is the origin for your analysis.
I. Banks
The interest rate offered by banks is low, there are almost no restrictions on the choice of vehicle types, and the loan amount is relatively large. The loan term can be between 1-5 years. The disadvantage is that the procedure is troublesome, and it takes half a month to get the account.
Credit requirements: bank loans require borrowers to have good credit, so it is impossible for loan users to apply for Wuhan vehicle mortgage loans in banks.
Second, private lending institutions.
It will be easier to apply for Wuhan vehicle mortgage loan in private lending institutions, and the qualification requirements for applicants are not so strict, but the interest will be higher than that of banks.
Credit requirements: Private lending institutions have their own regulations on credit reporting, some require personal credit reporting, and some can relax the credit reporting requirements as long as you can provide a mortgage vehicle approved by them, and the application of loan users is also promising.
Third, auto finance companies.
Auto financing company is a financial institution that specializes in providing auto loan services. It will be faster and more flexible to apply for Wuhan vehicle mortgage loan here, and the corresponding interest will be higher. At the same time, additional fees such as service fees and management fees will be charged.
Credit requirements: Like private loans, the credit requirements of auto financing companies also depend on the regulations of each company. Some companies can only look at whether the vehicle meets the requirements, so loan users in Wuhan can also apply for vehicle mortgage loans. If necessary, you can learn about it.
It's finished intact! The most comprehensive application strategy for Wuhan automobile mortgage
There will be various problems in the process of handling Wuhan vehicle mortgage loan. Xinjinrong has compiled a guide to Wuhan vehicle mortgage loan for you, including application conditions, procedures, materials, interest rate, loanable amount, loan company and so on!
Vehicle mortgage loan, as its name implies, is to apply for a loan with a car as collateral. The loan threshold is low and the loan speed is fast, which can be mainly used to solve the problems of ineffectiveness in the short term.
1, Wuhan vehicle mortgage loan conditions
(1) Applicants are required to be 25-55 years old and can provide valid identification;
(2) The borrower has a fixed job and legal income, which means that he must have certain repayment ability;
(3) The borrower owns all the rights and interests of the vehicle, and the vehicle certificate under its name is complete, and there is no mortgage at present;
(4) For the mortgaged car, the bank requires that the car age is less than 5 years, the journey is less than 80,000 kilometers, and the mortgaged car is valued at more than 70,000 yuan.
Before applying, you need to choose whether to take a bus or not according to your own needs.
2. Wuhan automobile mortgage Process
It can be simply summarized as: submitting materials → vehicle evaluation → signing a contract → vehicle mortgage → waiting for loan → post-loan management.
3. Wuhan automobile mortgage Materials
Original and photocopy of motor vehicle owner's identity certificate, original and photocopy of mortgagee's identity certificate, original mortgage contract, mortgagee's power of attorney and motor vehicle owner's power of attorney (stamped with official seal and cheque seal), motor vehicle registration certificate, and filling in the Application Form for Motor Vehicle Mortgage Registration/Pledge Filing.
After the materials are ready and the evaluation is completed, you can sign the contract.
4. Wuhan automobile mortgage interest rate
Different loan channels have different loan interest rates. If you choose a bank to handle Wuhan vehicle mortgage loan, it will float according to the benchmark interest rate stipulated by the central bank. If it is a trust loan, the interest rate plus handling fee will generally be 18% per year. If it is a pawnshop loan, the comprehensive other expenses are about 3% per month.
If the interest rate is too high, you can consider using several methods in this article.
5. How much can Wuhan vehicle mortgage loan borrow?
The vehicle mortgage rate in Wuhan is generally 60%. For example, a 300,000 new car mortgage loan is generally evaluated as 200,000 because of the rapid depreciation of the car. According to the mortgage rate of 60%, you can borrow 6.5438+0.2 million yuan.
The loanable amount of vehicle mortgage loan will also be affected by other factors.
6. Which company is good for vehicle mortgage loan in Wuhan?
In addition to looking for a loan company, you can also apply through some websites, which is more convenient for application and faster for lending.
The introduction of Wuhan vehicle mortgage loan strategy ends here. I believe your problem has been solved. I want to apply for Wuhan vehicle mortgage loan faster. There are professional credit managers to answer your questions, and more strategies and consultations are waiting for you.
Wuhan vehicle mortgage loan method depends on which one you are suitable for.
Mortgage is a kind of loan that people like to choose when they are short of money. Compared with credit loans, it is easier to pay, and houses or vehicles are generally used as collateral. So what are the ways to apply for Wuhan vehicle mortgage loan? Next, I will introduce you from two aspects.
By lending institution
1, bank
The interest rate of applying for Wuhan mortgage loan in the bank is the lowest, and the loan amount will be relatively high. However, banks require higher qualifications for borrowers, at least with stable jobs and income and good credit. In addition, if the demand for funds is urgent, bank loans are not recommended, because the procedures will be very troublesome and it will take at least 10 days to lend money.
2. Private lending institutions
Compared with banks, the requirements of vehicle mortgage loan business of private lending institutions are not so strict. Some institutions can even ignore your personal credit information, as long as you can provide a mortgaged vehicle that they recognize. It is easier to apply in private lending institutions, but the interest will be higher than that of banks.
3. Auto Finance Company
In addition to the above two institutions, there are also some auto finance companies in Wuhan that specialize in providing auto loan services. Applying for a vehicle mortgage loan in Wuhan will be faster and more flexible, and the corresponding interest will be higher. At the same time, additional fees such as service fees and management fees will be charged.
Divide by mortgage
1, riding a bike
Mortgage loan refers to the custody of the vehicle by the lending institution, and the mortgaged vehicle cannot be used during the loan period. The advantage of this method is that the amount is relatively high.
2. Don't bet on the car
Car-free loan can not only lend money but also affect the use of vehicles, which is a kind of loan method that everyone likes better. However, it also has disadvantages. First, the amount will be reduced. Secondly, the vehicle needs to be equipped with GPS, and the cost is borne by the borrower, which is generally about 1 1,000 yuan.
The regular Wuhan vehicle mortgage loan company has a good reputation.
Friends who are in urgent need of money, if you have a car, can apply for a car mortgage loan to solve the problem. The threshold is low and the loan is fast, which is easier than taking the bank channel. So what are the regular Wuhan vehicle mortgage loan companies? Let's take a look at these introduced to you.
Professional third-party platform, reliable Wuhan vehicle mortgage loan products, perfect after-sales service, one-on-one credit manager service, lower threshold and faster loan. You can choose whether you want a car or not.
Fu Deng (Hubei) Co., Ltd.
Fu Deng provides high-quality financing and loan services for individual industrial and commercial households and micro-enterprises in China. It has successively won the honorary titles of "Top Ten Companies in 20 12" and "Top Ten Companies in China 100 in 20 13".
Automobile Financial Service Platform —— China Automobile Flash Loan
Shenzhou Auto Flash Loan provides customers with auto consumption credit services such as new car finance, used car finance and automobile mortgage. There are many offline stores, with great product advantages and a wide audience. You can get loans smoothly without taking a car.
Editor's Note: The formal Wuhan Vehicle Mortgage Loan Company will introduce these for the time being. When choosing, you can choose private loan companies, loan platforms or professional auto finance service platforms according to your own preferences and needs.
The introduction of Wuhan automobile mortgage loan ends here.