You can apply for an extension of your car loan. If users are temporarily unable to cash out, but are worried about the impact of loans overdue on personal credit information, they can apply to the loan bank or auto financing company for extending the car loan. Or you can negotiate with the lending institution and ask for an extension. But at the same time, it should be noted that the time of deferred repayment that can be applied for is related to the loan time and vehicle type. If the purchased car is a new car, after applying for deferred repayment, the extension period plus the original loan period cannot exceed five years; If the user buys a car or a used car, the extension period plus the original loan period shall not exceed three years.

1. How do users apply for deferred repayment of car loans? Lenders must contact the loan company in advance and submit their own deferred repayment application when it is confirmed that they cannot repay at present. After that, the loan company will send a special person to communicate with the lender, and will ask in detail why the loan can't be repaid on time, and also need the lender to submit a series of relevant certificates that he can't repay on time.

Second, after the lender submits the certificate, the loan company examines and approves the lender's application. Whether the approval can be passed depends on the lender's credit status and whether the lender's reasons and certificates are sufficient.

Three, in order to reduce the risk of loan extension, the user must have a guarantor to agree to the extension and continue to guarantee. According to Article 560th of the General Principles of the Civil Law, if the debtor owes the same kind of debts to the same creditor, and the debtor's payment is not enough to pay off all the debts, unless otherwise agreed by the parties, the debtor shall specify the debts to be performed when paying off. If the debtor does not specify it, it shall give priority to paying off the debts that have expired; If several debts are all due, priority shall be given to paying off the debts that lack or guarantee the creditors the least; If there is no guarantee or the amount of guarantee is equal, the debtor's debt with heavy burden will be given priority; If the burden is the same, it shall be performed in the order of the debt performance period; If the maturity date is the same, it shall be performed in proportion to liabilities.

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