The requirements for handling car loans are as follows:
1. Applicant 18 years old or above, and needs to have full capacity for civil conduct. But some places require applicants to be over 23 years old. Please consult the staff for details.
2. Have a stable occupation and the ability to repay the loan principal and interest on schedule.
3. Personal social credit is good, and there should be no trace of frequent credit inquiry in a short time, and other loans or credit cards under his name are not overdue.
4. It is best to have a stable residence where the loan is located.
5. Other conditions stipulated by the Cooperation Organization.
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The difference between owner loan and car loan:
Ping an car owner loan is a loan that only needs vehicle registration certificate as collateral, and car loan is a loan that does not take the car or install GPS. Both can be used for personal consumption or business, and the main differences are as follows:
1. Loan amount:
The loan amount of the owner's loan ranges from 300,000 yuan to 500,000 yuan; The car loan amount is between 500,000 and 500,000.
2. Application conditions:
The owner's loan requires the borrower to be between 22 and 60 (inclusive); It is a non-operating vehicle under my name and has been licensed for 3 months; The service life of the vehicle shall not exceed 10 year (subject to the date of first registration), and the mileage shall not exceed10.5 million kilometers; The approved value of the vehicle × the loan ratio shall not be less than 30,000.
Car loans require borrowers to be between 25 and 55 years old (customers who purchase performance insurance can be relaxed to 22 to 60 years old); Have a full car, no mortgage; The vehicle purchase shall not exceed 7 years (subject to the date of first registration), and the mileage shall not exceed1.2000 km; The vehicle evaluation value is above 70,000 (inclusive).
Automobile loans overdue collection:
Different banks or lending institutions may have different regulations, but basically they will stipulate in the loan contract that if the loan is not repaid for more than three months and the overdue nature is bad, it will be forced to auction. At the same time, other assets under the name may also be frozen for disposal.
It can be seen that the car loan is overdue for more than three months. Everyone must remember to pay back the car loan on time after buying a car.
If it is overdue, it may be just a collection at first, but once it is overdue for less than three months, the nature is different, and it is likely to be recognized as malicious overdue by banks or lending institutions. If it is overdue, not only will the car be taken back for auction, but personal credit will definitely be greatly affected. Therefore, even if you can't afford it for a while, you should take the initiative to negotiate instead of turning a blind eye to the collection.
What are the conditions for car loan?
1, basic conditions
The minimum age of car loan 18 years old, not exceeding the maximum age stipulated by financial institutions. Moreover, the applicant must provide valid identity documents and have a complete civil act. In addition, other basic requirements of lending institutions must be met.
2. Credit conditions
When handling a car loan, you must check the credit information, and the applicant's credit information is also very important. Generally speaking, it is better for the applicant not to be a white household. The credit report contains credit records such as credit cards or other loans, and the credit status should be in a good state, with no bad credit records such as overdue, bad debts and compensation.
In addition, the applicant's credit inquiry records should not be too many, so as to avoid that the credit report is inquired by financial institutions too many times because of frequent handling of loans and credit cards, which will lead to changes in credit information and affect the car loan review to a certain extent.
3. Economic situation
This is the basis to measure whether the applicant has the ability to repay the loan. First of all, the applicant should pay a down payment of 30% with his own funds, and pay back the monthly payment with money every month. Under normal circumstances, the applicant's income should not be less than twice the monthly payment.
If the applicant's own economic conditions are not very good, under the condition of meeting the above 1 and 2 points, * * * with the same qualification can be added to repay with the lender, and the income of the two people will be used as repayment guarantee, and the success rate will be higher.
If this kind of non-compliant online loan is overdue, it will not affect your personal credit status, but the online loan record will remain in the online loan big data. Search: inquire about your own online loan history, overdue details of online loans, debt situation, untrustworthy information and blacklist of online loans.
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How to apply for a car loan?
There are three channels, one is to apply for a bank car loan, the other is to apply for a car loan from an auto finance company, and the third is to apply for a credit card installment car loan.
Applicants can apply from any channel and submit relevant documents, including but not limited to valid identity documents, income certificates stamped with the fresh seal of the company, etc. After receiving the application, the lending institution shall examine the applicant and approve the loan after passing it.
What conditions do you need to buy a car with a loan?
The basic conditions for buying a car with a loan mainly include the following:
1, aged above 18 (inclusive), is a natural person with full capacity for civil conduct.
2, a stable and legitimate source of economic income, with the ability to repay the loan principal and interest on schedule.
3. Personal credit is good, and there are no bad records or serious negative information in the credit report (banks and auto consumption finance companies will mainly inquire about the credit information of customers in the past two years).
4. There is a certain amount of self-owned funds to pay the down payment of the car (not the funds from loans, nor the funds paid by credit cards), and the down payment ratio is generally around 20% or 30% of the total car price, usually not less than 20%.
If the customer's credit is average, it is suggested to find another person with good credit to guarantee his loan, which can provide appropriate help and improve the chances of loan approval.
People with poor credit information may not be able to get a car loan in a short time. Customers are advised to buy in full or postpone the purchase, and take the time to improve their credit first.
Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal given by the bank to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers.
Type of automobile loan
Personal loan car purchase business is divided into direct customers, indirect customers and credit card car loans. The direct customer type is generally a bank car loan for customers to meet directly, and the indirect customer type is generally a car loan from an auto finance company to a customer car loan.
The fees charged by banks for direct car loans include deposit, principal and interest, and 3% guarantee fee. And the bank's premium customer fees will be discounted, but the preferential policies of each bank are different.
In addition to the above fees, personal auto financing companies also need to bear supervision fees, fleet management fees and warranty renewal deposits.
And credit cards, car loans. Credit card installment car loan only provides installment payment for bank credit card users, not all conditions can be handled, and there is an audit procedure, which is difficult for credit card users with bad credit records.
The specific steps of buying a car by credit card in installments are roughly as follows:
1. The cardholder (or applicant) calls the bank's credit card center or goes to the local bank to find out whether he can apply for a credit card car loan.
2. The cardholder holds his ID card to the dealer's site to fill in the installment order for car purchase and submit it to the bank for review.
3. After the order is approved, the cardholder pays the down payment and goes through the normal car purchase procedures.
4. After the vehicle is licensed, the cardholder needs to go to the bank to go through the mortgage formalities and purchase the required auto insurance.
5. I can finally drive away smoothly.
loan limit
The maximum loan amount generally does not exceed 80% of the price of the purchased car.
Letter of credit clause
1, with valid identification and full capacity for civil conduct;
2. Can provide a fixed and detailed address certificate;
3. Have a stable occupation and the ability to repay the loan principal and interest on schedule;
4. Personal social credit is good;
5. Holding a car purchase contract or agreement approved by the lender;
6. Other conditions stipulated by the Cooperation Organization.
What are the conditions for buying a car loan?
If you apply for a personal car loan in China Bank, the borrower needs to meet the following conditions:
1, a natural person with full capacity for civil conduct;
2. Effective proof of personal identity;
3. Have the legal ability to repay the loan principal and interest;
4. Good personal credit;
5. Holding a car purchase contract, agreement or letter of intent approved by the handling bank;
6. Providing collateral (pledge) recognized by the handling bank or individuals or units with sufficient compensation capacity to provide irrevocable joint liability guarantee for third parties; Or provide corresponding materials that meet the customer access conditions of the Interim Measures for the Administration of Personal Credit Revolving Loan Quota of Bank of China;
7. Proof of the down payment ability of the car purchase limit stipulated in these Measures;
8. Other conditions stipulated by the handling bank. Because there are some differences in different regions, please consult local institutions in detail when applying for loans.
The above contents are for your reference. Please refer to the actual business regulations.