Nowadays, cars have become an indispensable means of transportation for every household, and many people will buy one. Of course, if there is a shortage of funds, people will choose mortgage payment to buy. Some users asked that their car loan had been paid off. How long will it take to cancel the mortgage after the car loan is paid off? Give you a brief talk.
1. How long will it take to cancel the mortgage after the car loan is paid off?
Under normal circumstances, within one week after the car loan is paid off, the bank will inform the user to go through the formalities of understanding the mortgage.
If you haven't received the notice for more than a week, you can call customer service to ask what the situation is.
In addition, you need to bring your ID card, a copy of your ID card, a loan settlement letter and other relevant certificates when handling the car release. Don't forget.
Second, what are the consequences of paying off the car loan?
If the mortgage is not settled, then the vehicle is still a mortgage car in the legal sense, and the property right belongs to the bank or institution, and the user himself has no right to conduct other transactions.
Third, how to get the Green Paper?
Only after going through the release formalities can we get back the Green Paper. So you need to bring all the information and complete the previous process. In addition, some netizens reported that their car was mortgaged in a 4S shop, but the other party refused to give the Green Paper. I don't know what the situation is.
I suggest you check whether the monthly payment has been paid or whether the formalities have been completed. There should be no intentional detention. In case the other party deliberately refuses to give it, it can sue according to the contract, and it is recommended to consult a lawyer according to the specific situation.
The above is about "how long after the car loan is paid off?" How to get the Green Paper? " The answer, I hope to help everyone.
How long can I go through the decompression procedure after paying off the car loan?
When the loan is paid off, you should go to the vehicle management office where your vehicle is registered to decompress. When handling a car loan, the green paper of the vehicle will be mortgaged in the lending institution, usually the bank, and this needs to be recorded in the vehicle management office, so when the mortgage will be recorded in the green paper. When you pay off the loan, the green paper will be forwarded to you, and the vehicle management office will record it when there is no more mortgage. This is decompression. Ten working days after the loan is paid off, the bank will send you a green copy and decompressed application materials, including settlement certificate, bank business license and application form. With your ID card and these materials, you can go to the DMV. Decompression procedures can be completed in a few minutes, and the vehicle management office can complete decompression and filing in a day or two. Before decompression, the bank may contact you to handle decompression procedures for you. As the agent will charge a service fee, I suggest you do it yourself when you have time. After the loan is paid off, you can usually go to the vehicle management office to decompress in a week or so. After paying for the car, the user needs to obtain the car registration certificate, which will be sent to the user by the 4S shop or bank. If it is convenient for users, users can also go to the business hall to collect it themselves. After that, the user needs to go to the vehicle management office to cancel the mortgage with the car registration certificate, loan settlement certificate and related materials. After the mortgage is released, the vehicle will be owned by the user himself, and then it can be sold and transferred. What's the latest day after the car loan is paid off?
It usually takes about a week to decompress after the car loan is paid off. 1. Normal decompression: General loans are handled through banks, 4S shops and mortgage companies. After the loan is paid off, the bank or 4S shop will issue a repayment certificate, and then I will go to the municipal archives to decompress.
2. In some institutions, banks or credit companies send decompressors and car owners themselves to handle repayment agreements and repayment vouchers. If I don't go, I'll take the original ID card to the city management office to decompress.
3. Repay the loan in advance: first go to the bank that handles the loan to apply for early repayment, and then decompress after repayment.
4. Remember to put it on record in time after release, otherwise it will be automatically reconciled after 3 working days by default, and the used car can be transferred after reconciliation.
legal ground
"Provisions on the Application and Use of Motor Vehicle Driving License" Article 22 When applying for a motor vehicle driving license, an overseas motor vehicle driving license holder shall fill out an application form and submit the following documents and vouchers: (1) the identity certificate of the applicant; (2) A physical condition certificate issued by a medical institution at or above the county level. If the application belongs to foreign embassies and consulates in China personnel or personnel of representative offices of international organizations in China, it shall be implemented in accordance with the principle of diplomatic reciprocity; (3) Motor vehicle driver's license. If it is not expressed in Chinese, a Chinese translation shall also be issued. If the applicant is a mainland resident, the applicant's passport or mainland resident's travel permit to Hong Kong and Macao and mainland resident's travel permit to Taiwan shall also be submitted.