Can I get a loan to buy a car with an online loan?
Yes.
Because there is no conflict between car loans and online loans.
Extended information:
Car loan refers to a loan issued by a lender to a borrower who applies to purchase a car. Car consumption loans are a new loan method that banks issue RMB-guaranteed loans to car buyers who purchase cars at their authorized dealers.
The interest rate of automobile consumer loans refers to the amount of loans issued by banks to consumers, that is, borrowers, for the purchase of personal cars (non-profit family cars or commercial vehicles with 7 seats or less) Ratio to principal. The higher the interest rate, the greater the repayment amount the consumer will have to pay.
Loan target
The borrower must be a permanent resident of the location where the loan bank is located and have full civil capacity.
Loan term
The term of automobile consumer loans is generally 1-3 years, with a maximum of 5 years. Among them, the loan period (including extension) of second-hand car loans shall not exceed 3 years, and the loan period of dealer car loans shall not exceed 1 year.
Loan interest rate
Baseline interest rate
According to the regulations of the Central Bank, car loans implement the loan benchmark interest rate, but each financial institution can float within a certain range above and below the benchmark interest rate. .
The car loan period of major banks generally does not exceed 5 years. The interest rate of car loans directly determines the cost of people's loans, and thus becomes an important factor in deciding whether people take loans for consumption.
Car loan types
Personal loan car purchase business is divided into three types: direct customer loan, indirect customer loan, and credit card car loan. The direct customer type is generally a bank car loan where the customer meets directly for the loan, and the indirect customer type is generally a car finance company car loan where the auto finance company transfers the customer to the customer.
For direct bank car loans, the fees collected are deposit, principal and interest, 3 guarantee fees, etc. The fees for high-quality bank customers will be discounted, but each bank's preferential policies are different.
In addition to paying the above fees, a car loan from a Jianke Auto Finance Company also needs to pay regulatory fees, fleet management fees, and warranty renewal deposits
The other is a credit card car loan. Credit card installment car loan only provides installment payment to bank credit card users. It cannot be applied for under any conditions. There is also an review process. It is difficult for credit card users with bad credit records to apply.
The specific steps for credit card installment car purchase are roughly as follows:
1. The cardholder (or applicant) calls the bank's credit card center or goes to a local bank to find out whether it is possible to apply for a credit card car. loan.
2. The cardholder goes to the dealer with his/her identity document to fill out the Car Purchase Installment Order on site, and submits it to the bank's backend for review.
3. When the order is approved, the cardholder pays the down payment and goes through the normal car purchase procedures.
4. After the vehicle has a license plate, the cardholder needs to go through the mortgage procedures with the bank and purchase the required types of auto insurance.
5. Finally we can drive the car away smoothly. Can I get a loan to buy a car with an online loan? Is it easy to get a loan to buy a car?
The concept of advanced consumption is prevalent nowadays. Three out of ten people are burdened with online loans. So can I get a loan to buy a car with an online loan? The answer is yes, but it depends on the amount of debt and repayment ability. Generally, if the load exceeds 50% of the appraised value of the full vehicle, the loan institution may not approve it. Of course, if you have a stable job and the ability to repay, and issue a proof of work and income with the company's official seal, it will be easier to pass the approval at this time. Some of my friends owe tens or hundreds of thousands for online loans. Even if the debt is not high, banks or car loan institutions will reduce the loan limit. At the same time, your total monthly repayment should be less than half of your salary, otherwise the bank may refuse the loan.
Is it easy to get approved for a car loan? Generally speaking, it can be approved as long as the following conditions do not exist: 1. The materials provided are insufficient or false information is filled in; 2. The person currently has a lot of debt; 3. There is a bad credit record , such as overdue information, etc., are provided here (inquiry on the official website of the Personal Credit Reference Center); 4. In other cases, the loan applicant needs to pay off the loan before he can get a car loan. If the borrower is married, he also needs to check the credit information of his spouse. If your spouse has too many overdue records, the bank may not approve it. The materials required to apply for a car loan include ID card, household registration certificate, marriage certificate, employment certificate, income certificate, personal credit report, vehicle registration certificate, driving license, car purchase invoice, insurance policy, purchase tax book, vehicle mortgage certificate, etc. Pay attention to repaying the loan on time. If the loan is overdue for more than 3 months, it may be recorded in the credit reporting system. In serious cases, the above-mentioned court may auction the vehicle to pay off the debt. If the car loan is settled early, liquidated damages may be charged. After the car loan is settled, you need to go to the bank to get the car loan repayment certificate and go to the vehicle management office to go through the mortgage release procedures. Can I apply for a car loan if I have an online loan?
If I have an online loan but it is not overdue, I can apply for a car loan. If my online loan is overdue and my personal credit report is up, I cannot apply for a car loan because I have to wait until I apply for a car loan. When applying for a loan, the bank will check the applicant's credit report. Once it finds that there is an overdue record, it will think that the applicant has insufficient repayment ability or has poor personal credit, and the bank will not want to take the risk and give you a loan to buy a car.
Conditions for car loans:
1. Be a citizen of the People’s Republic of China, or reside continuously in the territory of the People’s Republic of China for more than one year (including one year) Residents and foreigners of Hong Kong, Macao and Taiwan;
2. Have valid identity certificate, fixed and detailed address and full capacity for civil conduct;
3. Have stable legal income or sufficient Legal personal assets to repay the principal and interest of the loan;
4 The individual has good credit;
5 Able to pay the required down payment;
6 Other conditions required by the lender .
Judging from the conditions for applying for a car loan, there is no one saying that you cannot apply if you have an online loan in your name. However, the requirement is that the personal credit is good. If the online loan is overdue and the credit report is on, it is a typical personal credit problem. If it is good, it will naturally be rejected by the bank, but you can apply at a financial institution. Compared with banks, financial companies have lower thresholds, but higher interest rates.
The specific process for applying for a bank car loan is as follows:
1. The customer applies for a loan to the bank, fills out the loan application form, and submits relevant information.
2. The lending bank will review and investigate the application materials submitted by the borrower.
3. After passing the review, the borrower and the bank sign a car loan contract and a guarantee contract.
4. The borrower handles mortgage registration and other procedures.
5. After all procedures are completed, the lending bank will issue the loan as required, and the borrower will go to the dealer to pick up the car with relevant certificates.
Detailed analysis of whether a credit report is required to apply for a car loan:
1. Banks apply for car loans. When applying for a car loan at a bank, a credit report is required to check whether the applicant has had any bad credit behavior, which will be used as one of the basis for whether to grant a loan.
2. Auto finance companies handle car loans. Some auto finance companies do not require a credit report when applying for car loans, while others do. For auto finance companies that do not require a credit report, the interest rates will be relatively high. Can I get a car loan from an online loan?
As long as the loan is returned in time and the credit score is not affected, you can still get a car loan because the correct conditions for a car loan are: ① Be in China Citizens, or residents of Hong Kong, Macao, Taiwan and foreigners who have lived continuously in China for more than one year (including one year). ②Have valid identity certificate, fixed and detailed address and full capacity for civil conduct. ③ Have stable legal income or personal legal assets sufficient to repay the principal and interest of the loan. ④Good personal credit. ⑤Be able to pay the required down payment. There is no requirement that there should be no online loans.
Legal basis: "Automobile Loan Management Measures": Article 9 stipulates: Borrowers applying for personal auto loans must meet the following conditions at the same time:
(1) Be a citizen of the People's Republic of China** *Citizens of the People's Republic of China, or residents of Hong Kong, Macao, and Taiwan and foreigners who have lived continuously in the territory of the People's Republic of China for more than one year (including one year);
(2) Have valid identity certificates , fixed and detailed address for rent and having full capacity for civil conduct;
(3) Having stable legal income or personal legal assets sufficient to repay the principal and interest of the loan;
(4) Individual Good credit;
(5) Ability to pay the required down payment;
(6) Other conditions required by the lender.