The professional guarantee company that cooperates in the personal automobile consumption loan of China Everbright Bank must meet the following conditions: it must be an enterprise legal person approved and registered by the administrative department for industry and commerce and passed the annual inspection; The company's business scope includes personal automobile consumption loan guarantee business; The registered capital is not less than1000000 yuan; Strong ability to fulfill the guarantee responsibility; Access shall be subject to the relevant regulations of China Everbright Bank Guarantee Company.

The mode of guarantee company refers to the borrower's purchase of first-hand passenger car loan business recommended by the guarantee company recognized by China Everbright Bank, which provides full joint and several liability guarantee.

The personal automobile consumption loan of China Everbright Bank refers to the RMB loan issued by China Everbright Bank to car buyers for purchasing non-operating first-hand passenger cars under their own names. As far as its design and technical characteristics are concerned, passenger cars are mainly used to carry passengers and their carry-on luggage and/or temporary articles, with no more than 9 seats, including the driver's seat.

First-hand vehicle refers to a motor vehicle registered in the traffic management department for the first time and directly sold by a motor vehicle manufacturer or a dealer designated by the manufacturer.