Alipay Car Finance

Shenzhou Car Flash Loan

JD.COM Car Loan

Car Loan refers to the loan granted by the lender to the borrower who applies for buying a car.

the actual interest rate of car loan is set by the handling bank according to the actual situation of customers and with reference to the benchmark interest rate stipulated by the central bank. There are three types of car loans: direct, indirect and credit card. The term of car loan is generally 1-3 years, and the longest is no more than 5 years.

car loan types

car loan personal loan car purchase business is divided into three types: direct customer, individual customer and credit card car loan. The direct customer type is generally a bank car loan for customers to meet directly for loans, and the indirect customer type is generally a car loan for auto finance companies to transfer customers' car loans.

For direct bank car loans, the fees are deposit, principal and interest, 3% guarantee fee, etc., 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, the car loan of an individual car finance company also needs to bear the supervision fee, fleet management fee and warranty renewal deposit

There is also a credit card car loan. The credit card installment car loan only provides installment payment for bank credit card users, not all conditions can be handled, and there is also an audit procedure, so it is difficult for credit card users with bad credit records to handle it.

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 his/her ID card and goes to the dealer to fill in the installment order for car purchase, which will be submitted to the background of 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 with the bank and purchase the required auto insurance.

5. finally, we can drive our car away smoothly.

loan conditions

1. Have valid identification and full capacity for civil conduct;

2. Can provide fixed and detailed proof of address;

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 cooperative organization.