Automobile mortgage's credit rating? Automobile mortgage's credit rating? Credit rating of automobile mortgage: 1. This first depends on what the lending institution you choose. If it is a bank, it will definitely be a credit rating. However, banks generally will not accept automobile mortgage because cars are easy to depreciate, but it is not excluded that some banks with lower thresholds will accept it; 2. If it is a private lending institution, it is generally not a credit investigation; 3. Generally speaking, private lending institutions are relatively loose, unless the institution you are looking for is connected with the central bank's credit information system; 4. Although there is no credit, it does not mean that it can be overdue at will. Overdue means penalty interest, debt collection and refinancing difficulties. And if the vehicle mortgage in the loan is overdue for too long, the lending institution has the right to auction your car, which is quite serious. @20 19