Spread out completely

To put it simply: you need a loan, and the bank lets you use real estate and other objects as collateral, which is called collateral; If securities such as currency and national debt are used, it is called pledge. If you say that you have a current deposit of 100W, it is not acceptable from the perspective of bank loans, because it is difficult to supervise. You must deposit the current deposit as a time deposit, and the time deposit will give you a time deposit certificate, which can be used as a guarantee for bank loans. If the loan is repaid on time, the time deposit certificate will be given to you. If the loan is not paid off, the bank will take this time deposit certificate to withdraw the loan owed. This kind of time deposit is called pledged deposit certificate.

Second, the new car I bought today has this sign, saying that it is a bank pledged vehicle. What do you mean?

That is, people who generally can't pay their debts, or people who can't pay their bank mortgage loans, are taken over by banks.

3. What does it mean to buy a new car with a vehicle pledged by China Bank?

Maybe an old car. The owner mortgaged it to the Bank of China.

4. What do you mean the vehicle is pledged by the bank?

Wanshun. The car mortgage in general car loan refers to the mortgage certificate, which is often said that the vehicle is placed in the car loan institution; As for the mortgage, because the car loan institution can use it normally, it is necessary to register the vehicles in storage in time even if bad debts occur, which is risky and troublesome to handle; However, the pledge and mortgage of the vehicle does not mean that you can do whatever you want. General car loan institutions will charge according to the owner's loan amount, repayment ability, business mileage and vehicles.