Most of my friends want to own their own cars, so they don't have to squeeze buses or subways, and it's much more convenient to travel. But in the case of insufficient funds, they usually think of borrowing money to buy a car. Some people borrow money to buy cars for their own use, while others are used for leasing business. Do you know the conditions for buying a car with a loan in Hangzhou, regardless of the purpose?

To apply for a personal car loan, you can choose an unsecured loan to buy a car, that is, a personal credit loan to buy a car, or you can choose a mortgage loan to buy a car, such as a real estate mortgage loan. The following describes the conditions for buying a car without a mortgage.

Individuals applying for personal car loans must meet the following conditions:

(1) The borrower is at least 18 years old, has a valid ID card or household registration book, and has full capacity for civil conduct;

(2) The borrower shall provide proof of permanent residence in Hangzhou;

(3) The borrower has a stable occupation and income certificate, a good credit status and the ability to repay the loan principal and interest on schedule;

(4) A legal and effective car purchase contract or agreement;

(5) Other conditions stipulated by the Cooperation Organization.