Yes Lending institutions need to evaluate the borrower's qualification and repayment ability, and the evaluation process takes some time, so borrowers need to calculate the repayment date from the date of lending to ensure that lending institutions can receive repayment in time. Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers.