Car loan installment fee is car loan interest.

Second, the specific analysis

There are two forms of auto loan, one is to buy a car by credit card, and the other is to borrow from auto finance company.

When buying a car by installment with a credit card, the user will need to pay the installment fee of the credit card, which means the same as the interest charged by the auto financing company loan.

The user applied for an interest-free car loan, so the handling fee or interest is 0.

Regardless of whether the car loan is charged with installment fee or interest, users need to repay the loan principal and interest or installment fee on time, which means different names for users.

Car loan installment fee and interest are repaid on schedule. Unless the user chooses to repay the principal and interest in one lump sum, the loan principal and interest will be repaid in one lump sum in the last installment.

Most car loans need to pay installment fees or car loan interest, and only a few models can enjoy interest-free installment when applying for car loans.

There is no interest-free discount by installment, and the related expenses will be calculated according to the loan interest rate or installment interest rate.

If it is not because of overdue illegal households, then we should look for other reasons, such as whether the frequency of applying for online loans is too high. If you are not clear, you can go to Beijian to check. As long as you know what causes you to become a black household, you can improve online loan big data according to the reasons.

Third, will the car loan owed to financial companies be sued, which will affect the credit investigation?

Being sued for owing a car loan to a financial company will affect the credit investigation.

The overdue record of car loans owed to financial companies will affect personal credit information. As for the follow-up financial companies suing users, it will also affect personal credit information.

After the user is sued, the court will intervene to let the two sides negotiate. As long as the agreement is reached, the user can repay the loan according to the agreement, and then the financial company withdraws the lawsuit.

If the two parties fail to reach an agreement through negotiation, the court will judge the user to repay, and if the user refuses to repay, the court will enforce it. During the enforcement period, the assets under the user name will be frozen, and the frozen assets cannot be unfrozen until the overdue debts are paid off.

Even if the user still fails to repay the loan after compulsory execution, then the user may be listed as the person who has broken the trust, so that daily travel and consumption will be affected.

In short, users must pay off their overdue debts as soon as possible when their car loans are overdue. If he is unable to repay the debt, he can try to apply to the financial company for negotiation repayment.