When banks approve car loans, they usually consider the borrower's credit history, income status, debt burden and other factors. If you have borrowed frequently in the past dozens of times, the bank may think that you have a heavy debt burden and high credit risk, so you have reservations about your car loan application.
In addition, multiple online loans may also lead to a decline in your credit score. Credit score is one of the important indicators for banks to evaluate borrowers' credit status. A low score may expose you to higher interest rates or the risk of being refused a loan when applying for a car loan.
Therefore, if you intend to apply for a car loan, I suggest that you try to reduce the number of online loans before applying, and maintain a good credit record and a low debt burden. In addition, it is also one of the important measures to pay off online loans in time and improve the credit score.
If your loan application is rejected, it is recommended to check your credit status through "general credit check" first. If your credit is not good, it is suggested to wait for a period of time, and then try to apply for a loan after the credit risk score is lowered and the stain is eliminated, so that the chances of passing will be higher.