1. How many days does it take to get approved for a car loan?

Car loans can generally be approved. If you choose manufacturer finance when buying a car, the review speed will be faster. Generally,

Vehicle loans are generally easier to pass than other loans. The reason Because compared to other loans (housing loans), car loans can generally be repaid by people with income, unless you choose a car that is beyond your affordability.

However, the review speed will also be affected by many factors. For example, if the information you provide is incorrect, the bank will call you for a return visit for the car loan. If there are any mistakes during the return visit, the approval speed will also be affected. Even the audit results.

If the car loan bank does not approve it, it may be due to several reasons.

1. Loan repayment.

2. Bad credit score. If you have had a credit card overdue within 5 years and defaulted on repayments twice, there is a high chance that your loan will be rejected.

3. Spouse’s credit report is bad, spouse of married person

4. The amount of debt owed is too much. If your debt is too high, your loan may be rejected, even if it is not If you refuse, the loan amount may also be reduced.

5. The monthly repayment amount accounts for more than 50% of your monthly income.

When we buy a car, we should. In the unfortunate event that the car loan is not approved, you should reflect on the possible problems that may arise. If you can't get a bank loan, you can also choose car dealer finance or a car loan company. Car loans are public, but the rates will also increase accordingly.

Supplementary knowledge related to loan to buy a car:

1. Process of applying for loan to buy a car:

1. The borrower submits loan application materials to the bank

2. The bank conducts a preliminary review of the application materials submitted by the borrower;

3. The bank conducts a credit investigation and customer evaluation of the borrower;

4. The bank conducts a preliminary review on and credit investigation, and comply with the approval of the lending bank;

5. If the approval is passed, the borrower will be notified to handle relevant procedures such as contract or pledge; if the approval is not passed, an explanation must be provided to the borrower;

< p>6. After the loan contract takes effect, the handling bank will issue the loan. A special lending method is adopted, that is, according to the loan contract, the handling bank directly transfers the loan to the account of the dealer where the borrower purchases the car.

2. The basic conditions for applying for a car mortgage loan are as follows:

1. A citizen who is over 18 years old and has full capacity for civil conduct.

Local permanent residence or valid residence permit.

3. The individual receiving the loan must have a stable career and economic income or easily liquidated assets, which are sufficient to repay the principal and interest of the loan on schedule.

4. The lender’s own funds are sufficient for payment.

5. Lender.

6. The lender is willing to accept other conditions that the bank deems necessary.

2. How many months does it take to process bank statements for a car loan?

Generally, a car loan requires 3-6 months of turnover, because the turnover can reflect your income from the side. The slip contains the incoming and outgoing accounts and balances. Even if you don't have much turnover, you can print it out and apply for approval if you have a large balance in your card.

Now put the money you want to buy a car into your card. Wouldn’t it be nice to go to the bank to deposit and withdraw some money recently?

If you are doing business, provide a business license. If you do not have a business license, the receipts, documents, etc. from your usual business can prove your income.

To examine your financial situation is not just a running account. Consult someone who applies for a loan (mobile phone "cash loan" to find the best way to borrow money for you).

As long as there is no problem with your credit and no criminal record, there are many big problems with small car loans.

3. How long does it take for a car loan to be disbursed

Under normal circumstances, car loans will be disbursed in about a week, and the lender needs to determine the specific arrival time. The review of car loans is relatively fast. The review speed of car loans will be determined based on the completeness of the information submitted by the lender. The more complete the information submitted by the lender, the faster the review will be.

The arrival speed of car loans is related to the loan channel. Since banks handle car loans for borrowers according to formal procedures, the arrival time will be relatively long. Applying for a car loan online is relatively fast, and the loan will arrive in your account in as little as 2 hours.

After the car loan is received, you need to pay attention to the car loan period. The loan period for passenger vehicles generally does not exceed 3 years, and the longest period if the corresponding conditions are met is 4 years.

The loan period for freight trucks and construction vehicles generally does not exceed 2 years, and the maximum period for those that meet the corresponding conditions shall not exceed 3 years.

Documents required for a car loan: loan application; original ID cards, household registers or other valid residence documents of the loan applicant and spouse, and provide copies; proof of occupation and economic income, and basic family status ; Car purchase agreement or contract signed with the dealer, etc.

After the "Mortgage/Pledge Contract" or "Guarantee Contract" has come into effect and the corresponding mortgage/pledge procedures have been implemented, the lending institution will transfer the loan to the designated dealer account according to authorization and supervise its use. Lenders can consult the lending institution for the specific arrival time of the car loan.

4. How long does it usually take to get a car loan?

For the Agricultural Bank of China’s car loan card, it usually takes about a month to get the card after the car loan is processed. If the application is successful, the bank will SMS and phone notifications.