What are the conditions for private car mortgage loan?
1. The lender has reached the age of 18 and has full capacity for civil conduct;
2. China citizens who have a fixed residence in China and have lived and worked in China for a long time and have the ownership of local mortgaged vehicles;
3. The lender's working income is stable, and it can guarantee to repay the loan principal and interest on time;
4. The personal credit of the lender is good, and there are no bad credit records such as overdue and cashing in the credit report.
What are the benefits of automobile mortgage?
1, get cash flow quickly, and the car doesn't need to be sold, so it will take a lot of time and cost to buy a car when the funds come.
2. Avoid the embarrassment of borrowing money from relatives and friends, and avoid others knowing that you are short of funds.
I don't need a local hukou, as long as the car is my own, I can get a mortgage.
4. It doesn't take long to make an appointment. As long as it is a regular and legal vehicle, you can get a loan without any deposit in the early stage.
5, flexible, when the funds are withdrawn, you can return the car.
6. Get immediate cash flow. It is the best choice for short-term investment, short-term turnover and not selling cars. Because cars have become a necessity now, it avoids wasting time and energy by selling cars to get working capital.