I. Introduction of Automobile Loan of Xingtai Bank
The full name of the product is personal automobile consumption loan, which is a loan issued by the bank to the borrower to buy a car. Users in need can go to the bank to handle business with information.
There are direct and indirect car loans. Before and after buying a car, it is recommended to consult the bank before buying a car to see if you meet the requirements and what is the loan amount.
2. How about the car loan of Xingtai Bank?
Due to the high security of bank car loans, the total interest expenditure is far less than that of private car loans.
This product has several obvious advantages:
1. The repayment method is flexible. You can repay the principal and interest on a monthly basis, or you can repay the principal on a monthly basis, and you can also customize it according to the needs of users.
2. The application threshold is low, as long as you 18 years old or older, have legal identification, have sufficient repayment ability, and the debt ratio is less than 50%.
3. There are few routines. Bank car loans only have interest expenses. Handling car loans in auto finance requires you to pay handling fees, service fees, licensing fees, etc. And you need to buy full insurance. The total expenditure is far greater than the bank car loan.
In short, it is best for qualified car buyers to apply for car loans in the bank, which not only costs less, but also can't be routine. Don't believe too much that buying a car with zero interest rate and zero handling fee declared in advertisements is often deceptive.