Installment companies will come to collect cars and sometimes rob them. ...
Second, what should I do if the car mortgage is not repaid? Will the bank take back the car?
First, it affects my credit record in the bank. Some banks will not issue loans, and some banks issue loans but are higher than others. If the principal and interest are not repaid on time for more than three consecutive times, the remaining loans shall be repaid in one lump sum. If there is no deposit, you should take back the car and reserve the right of recourse. Second, if the owner wants to sell the car, if the transaction price of the car is less than the loan balance, the seller is required to repay the loan to the same balance as the car. If the loan is less than the car price, you have to pay the difference between the car price and the loan to the seller. To put it simply, both sides should retreat more first and make up less. Then the owner will make a promise to the bank or supplement the collateral according to the requirements of the bank. The owner repays the loan as required by the bank.
Third, what will happen if the loan car does not pay back the loan car?
The current situation is as follows: 1. Credit information is getting worse. If you buy a car with a loan, the borrowing and repayment of the loan will basically be based on credit reporting. If you don't repay the loan on time, the borrower's credit information will get worse and the overdue record will appear. Overdue loans are not settled and overdue for more than 90 days, which is malicious overdue. If you want to apply for other loans, it will be difficult to succeed. Even if the overdue car loan is settled, the overdue record will be kept in the credit report for 5 years. 2. It will be collected by the lending institution. No matter whether you borrow money from a bank or an auto financing company, as long as you can't repay it on time, the lending institution will definitely take certain collection measures in order to recover the loan, such as calling and sending text messages to remind the borrower to repay it actively. If the loan vehicle is equipped with GPS, and the overdue time is too long, the lending institution may tow the vehicle away according to law until the borrower settles the loan. 3. It will be repaid by the lending institution. If the borrower fails to repay the loan and the car is not equipped with GPS, the lending institution cannot tow the car according to law. If the repayment period exceeds the agreed time limit, the lending institution may bring a lawsuit to demand the borrower to repay. If the borrower is still unable to repay the loan after compulsory execution, the vehicle may be auctioned to compensate the loss of the lending institution. The owner didn't take the car away after spending money, which is equivalent to wasting a lot of money, and it will also become an executor of dishonesty, which will affect future applications. 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. Car loan type Personal loan car purchase business can be divided into direct loan, indirect loan and credit card car loan. 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, the car loan of individual auto financing companies also needs to bear the supervision fee, fleet management fee and warranty renewal deposit. 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 are roughly as follows: 1. The cardholder (or applicant) calls the credit card center of the bank 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. The maximum loan amount generally does not exceed 80% of the price of the purchased car. Loan conditions 1, valid identity 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.
4. What if the car mortgage is not paid back? Will the bank take back the car?
First, it will affect my credit record in the bank. Some banks will not issue loans, and some banks issue loans but are higher than others. If the principal and interest are not repaid on time for more than three consecutive times, the remaining loans shall be repaid in one lump sum. If there is no deposit, you should take back the car and reserve the right of recourse.
The second is to ask the car not to sell the car. If the transaction price of the car is less than the loan balance, the seller's consent is required. If the loan is less than the car price, you have to give it to the seller. To put it simply, both sides should retreat more first and make up less. Then the owner goes to the bank to make a promise, or the bank makes a pledge. The owner repays the loan as required by the bank.