Installment companies will come to collect cars, sometimes robbing them. ...

Second, what should I do if the car mortgage is not repaid? Will the bank take back the car?

First of all, 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, all the remaining loans shall be repaid in one lump sum. If there is no deposit, the car should be recovered and the right of recourse should be reserved. Second, if the owner wants to sell the car, if the transaction price of the car is lower 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 must pay the difference between the car price and the loan to the seller. To put it simply, both sides should retreat more and make up less first. 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 according to the requirements of the bank.

Third, what happens if the loan car doesn't pay back the loan car?

The current situation is as follows: 1. Credit information becomes worse. If you borrow money to buy a car, the loan and repayment will basically be based on credit information. If the repayment is not made on time, the borrower's credit information will deteriorate, and there will be overdue records in the credit investigation. 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 information report for 5 years. It will be collected by the lending institution. No matter whether you borrow from a bank or an auto financing company, as long as the loan cannot be repaid on time, the lending institution will definitely take certain collection measures to recover the loan, such as calling and sending text messages to remind the borrower to repay actively. If the loan vehicle is equipped with GPS, and the overdue time is too long, the lending institution can 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 agreed repayment period is exceeded, the lending institution may bring a lawsuit to demand the borrower to repay the loan. If the borrower is still unable to repay the loan after compulsory execution, the vehicle can be auctioned to compensate the loss of the lending institution. The owner spent money and didn't get on the bus at last, which is equivalent to wasting a lot of money, and will also become an executor of dishonesty, which will affect future applications. Auto 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 between the loan amount and the principal given by the bank to consumers, that is, borrowers, to buy their own cars (non-profit family cars or commercial cars with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers. Types of car loans Personal loan car purchase business can be divided into direct, indirect and credit card car loans. The direct customer type is generally a bank car loan for customers to meet and directly apply for loans, and the indirect customer type is generally a car loan for auto financing companies to transfer customers' car loans. For direct bank car loans, the fees charged are deposit, principal and interest, 3% guarantee fee and so on. And the bank's premium customer fees will be discounted, but the preferential policies of each bank are different. In addition to paying the above fees, personal auto financing companies also need to bear supervision fees, fleet management fees, and warranty renewal deposits. There is also a credit card car loan. Credit card installment 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 to handle. 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 the ID card to fill in the installment purchase order at the dealer 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 through the mortgage formalities at the bank and buy the required auto insurance. Finally, we can drive the car away smoothly. The maximum loan amount generally does not exceed 80% of the price of the purchased car. The loan condition is 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.

4. What if automobile mortgage fails to pay? Will the bank take back the car?

First of all, 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, all the remaining loans shall be repaid in one lump sum. If there is no deposit, the car should be recovered and the right of recourse should be reserved.

The second is to ask the owner if he wants to sell the car. If the transaction price of the car is lower than the loan balance, the seller's consent is required. If the loan is less than the car price, you must give it to the seller. To put it simply, both sides should retreat more and make up less first. Then the owner goes to the bank to make a promise, or the bank makes a mortgage. The owner repays the loan according to the requirements of the bank.