Car loans can generally be approved in about 7 working days. If you choose the manufacturer's finance when buying a car, the audit speed will be faster, and it will usually be completed on the same day.
Car loans are generally easier to pass than other loans, because the loan amount of car loans is relatively lower than other loans (housing loans), and people with fixed jobs and incomes can generally afford it, unless you are too capricious when choosing a car, which is beyond your tolerance.
But the audit speed will also be affected by many factors. For example, if the information you provide is incorrect, it will delay a lot of time. Secondly, Bank of China will call you to pay a return visit to the car loan. If there are mistakes in the return visit, it will also affect the approval speed and even the audit results.
If the car loan bank does not approve it, it may be caused by several reasons.
1. The loan amount is too large, and the bank thinks you can't repay it.
2. Poor credit information. If you have ever defaulted on your credit card for more than two times in five years, the bank has a good chance to refuse your loan.
3. The spouse's credit information is poor, and the credit information of the married spouse is also one of the factors considered by the bank.
4. There are too many debts. If you owe too much, the bank may refuse your loan, and even if you don't refuse, it may reduce the loan amount.
Monthly repayment accounts for more than 50% of your monthly income.
When buying a car, you must first understand the relevant car loan policy in advance. If the car loan fails unfortunately, you should reflect on your possible problems. If the bank loan is not enough, you can also choose car dealer finance or car loan company. The repayment mechanism of car loan companies is more flexible than that of banks, but the rate will increase accordingly.
Supplementary knowledge about buying a car with a loan;
First, the process of applying for a loan to buy a car:
1. The borrower submits the loan application materials to the bank;
2. The bank conducts a preliminary examination of the application materials submitted by the borrower;
3. The bank conducts credit investigation and customer evaluation on the borrower;
4. The bank examines and approves the loan application that meets the loan conditions through preliminary examination and credit investigation;
5. If it is approved, notify the borrower to go through relevant procedures such as signing, lending, mortgage or pledge; If it fails to pass the examination and approval, it shall explain to the borrower;
6. After the loan contract comes into effect, the handling bank will issue loans. Special loan method is adopted, that is, according to the loan contract, the handling bank directly transfers the loan to the dealer account of the borrower's car purchase.
Two, the basic conditions for applying for automobile mortgage are as follows:
1./kloc-citizens over 0/8 years old with full capacity for civil conduct.
2. Have legal identity documents, local permanent residence or valid residence certificates.
3 loan individuals should have stable professional and economic income or assets that are easy to realize, enough to repay the loan principal and interest on schedule.
4. The lender's own funds are sufficient to pay the down payment for car purchase stipulated by the Construction Bank.
5. The lender must provide a guarantee recognized by the bank.
6. The lender is willing to accept other conditions deemed necessary by the bank.
How long can the car loan be approved?
It usually takes 1-3 days to approve. Bank car loan processing flow: 1. Fill in the bank car loan application form, provide relevant information proof, bank credit investigation and qualification examination; 2. Inform the lender to sign the loan contract, mortgage contract, guarantee contract, mortgage registration and insurance and other related procedures; 3. When issuing the loan, the lender pays the down payment to the car dealer, and goes through the formalities of picking up the car with the bank documents.
How long does it take for the car loan bank to approve?
How long does it take for the bank to approve the loan to buy a car?
First: the real estate license of the borrower is only proof of property and will not be mortgaged.
Second, it depends on which financial institution you use. If it is a financial company with a car brand, it will be much simpler, and it will be completed within 5 working days from submitting the information to picking up the car.
Third: there are two kinds of bank approval, one is credit loan, but it is not exactly the same as the fastest reply. After the bank approves, you pay the down payment, and the bank will help you return the rest of the money to the 4S shop, so you can pick up the car. The period of such loans is 4-5 working days. The other is mortgage loan. After you pay the down payment, the 4S store will issue an invoice. After you sign the card with the invoice, insurance policy, certificate of approval and ID card, give the information to the 4S shop, and the bank will lend it to the 4S shop after completing the mortgage formalities. The loan period of this kind varies from 5- 12 working days, and each bank is different.
I hope I can help you.
How long does it take to approve the bank car loan?
Bank approval is generally divided into the following two types.
One is a credit loan, but it is not exactly the same as the fastest reply. After the bank approves, you pay the down payment, and the bank will help you return the rest of the money to the 4S shop, so you can pick up the car. The period of this loan is 4-5 working days.
The second is mortgage loan. After you pay the deposit, the 4S shop will give you an invoice. After you sign the card with the invoice, insurance policy, certificate of approval and ID card, give the information to the 4S shop, and the bank will lend it to the 4S shop after completing the mortgage formalities. The period of such loans varies from 5- 12 working days.
The term of each bank is different. You can consult the car loan bank in detail.
How long does it take for the mortgage bank to approve the purchase?
Usually 15 to 20 working days.
Mortgage loan conditions:
1. Aged between 18-65 years old, with full capacity for civil conduct;
2. Pay the down payment;
3. Have a stable legal income and the ability to repay interest;
4. The borrower agrees to use the purchased house and its rights and interests as collateral;
5. The purchased second-hand house has clear property rights and meets the requirements of Beijing * * * to enter the real estate market;
6. The purchased house is not within the scope of the demolition announcement;
7. Other conditions required by the lending bank.
The process of mortgage loan:
1. The lender prepares relevant materials, fills in the loan application in the bank and submits the materials;
2. After receiving the application, the loan bank shall confirm and review the information;
3. After the audit, the lending bank will contact the lender and sign relevant contracts;
4. For bank loans, the lender shall fulfill the repayment obligations.
How long does it take for banks to approve loans now?
It depends. If all goes well, it will take a month.
Banks are different, usually within one month. Of course, otherwise it will be much faster if the assets are excellent.
Banks generally have 25 working days 15. It does not rule out that individual banks are slow to approve, and it will be faster in the first half of the year. Generally, it is slower by the end of the year, because banks have to collect money, so they don't lend much in the last month. I hope I can help you.
How long does it take for the bank to lend money after loan review?
Generally, the loan will be released within 10 to 15 working days.
Loan application conditions:
1, if you want to have a fixed income, it depends on the salary details;
2. At least 18-65 years old;
3 loans for business or car purchase, there must be a guarantor and mortgage;
4. Good credit information.
Loan application materials:
1. Lender ID card;
2. The credit information of the lender in the past six months, and the credit information is good;
3. The bank card under the lender's name has been flowing for nearly half a year without interruption;
4. The lender's residence certificate (rental contract, real estate license, water and electricity invoices for the last three months);
5. Income certificate issued by the lender's work unit;
6. Social security, insurance policies and provident fund can also be loaned on a monthly basis.
If you want to borrow a higher amount, you can do mortgage loans, such as houses and cars.
How long does it take for CCB to approve the loan to buy a car?
Generally speaking, as long as the car buyer has the ability to repay in full and on time and has a good personal credit record, he can get a car loan from CCB soon.
Generally speaking, banks adopt a four-level approval system for loan review process, that is, loan officer → due diligence → credit section chief → president in charge of personal financial business, with different approval priorities. This approval time requires the cooperation of many units and companies, so it takes some time. Under normal circumstances, the approval time of China Construction Bank's auto loan is 15 working days, and the longest time is no more than 1 month.
The speed of lending has always been a topic of concern to everyone, and the loan is very urgent. As long as the applicant submits the information required for the application and loan, the Construction Bank will examine and approve the information submitted by the borrower. During the audit, CCB will contact the borrower by telephone to confirm the lender's information. If the information is true and meets the loan conditions, the bank will inform the borrower to sign the loan contract, and then can wait for the loan.
In addition, the bank will determine the lending time according to the bank's own credit line. If the credit line is sufficient, the loan can be released within one week after the review. If the credit line is tight, the lending time may be delayed, and the specific lending time will be finally determined by the local CCB.
How long does it take for the auto loan bank to approve?
If it is a loan from China Merchants Bank, if you submit complete application materials, the approval time of our loan is about 15 working days, because it involves evaluation, mortgage registration and other links, and each customer's situation will be different; Please contact the handling branch or loan account manager directly to confirm the specific loan release time, cancellation and other related information.
How long can the car loan of China Bank be granted?
It will be slower to go directly to the bank, and the basic procedure is fixed. When looking for a branch, the account manager submits the information to the loan cancellation director of the branch for approval, then the comprehensive management director for approval, and then the branch for approval. If it is normal, this process will take two or three days, mainly depending on when the account manager submits your list. Then the account manager will inform you to pay manually, and then he will see the invoice and sign the loan contract. He will provide these secondary materials to the leader for approval, and then he can lend money. Put the money directly into the car dealer's account, you can pick up the car, then go to the door to apply for mortgage, and then hand over the motor vehicle registration certificate to the bank, and it's over. It is estimated that it will take at least half a month before and after, and the loan department is on weekends.
How long does it take for China Construction Bank to apply for a car loan?
(1) The customer first selects a car at the dealer and tests it, and negotiates with the dealer to determine the purchase price;
(2) Show your credit card and ID card, and fill in the installment payment application form;
(3) Distributor submits customer application materials to CCB;
④ The audit results will be released in about 5 working days. After the application is approved, the customer pays the down payment to the dealer and goes through the relevant formalities;
⑤ Generally, you will be notified of the adjustment by SMS in about 2 working days, and then you will go to the dealer to pay the final payment with a credit card and pick up the car;
⑥ Repay by monthly installments through Longka credit card.
How many days does it take to buy a car by installment?
Within a week, but the car can leave the same day. Approval 100% passed, unless you are blacklisted by the bank. Otherwise 100% passed.