There is an impact, credit is bad, it is recommended that in the near future, or do not try to buy a car in installments, because your credit is not good in the eyes of the bank is a dangerous customer service, out of wind control considerations generally will not be passed, and your application record will appear in the report, if the first bank refused, it is difficult to guarantee that the back of the bank will be rejected, which is really quite cruel. And a lot of car loans in addition to querying your personal central bank credit, will also pull out the applicant's big data, if the record is not good, it is also very difficult to succeed in the loan. For their own situation does not understand, you can find a third-party platform on WeChat view, such as (Chalk Technology), you can see their specific online loan use, if the credit really produces problems, it is recommended that you still do not apply for a loan.

Bad credit, how can I get a loan to buy a car?

If an individual wants to get a loan from a local bank to buy a car, the applicant is required to have a stable job and income, a good credit history, and no criminal record in order to apply for a loan to buy a car, and it is not good for an individual to apply for a loan to buy a car from a bank if he or she has a bad credit history.

But in addition to going to the local bank for a loan to buy a car, it is also possible to find a local car finance company for a loan to buy a car. If you go to an automobile finance company for a loan to buy a car, the required percentage of down payment is the same, but the automobile finance company does not have high requirements for the applicant's credit history, and generally the applicant can apply for a loan to buy a car if he or she has a stable job and income, and has the ability to pay back the loan.

So it is possible to get a loan to buy a car with a bad credit history, but it is just recommended that the applicant look for a local auto finance company to handle the loan instead of going to a local bank. It should be noted that if the applicant does not have a serious credit history and has had a good credit history for the past two years, he or she can also apply for a loan from a bank to buy a car.

Auto finance

Often auto finance companies and banks, as well as checking the individual's credit record situation, but generally speaking, auto finance companies on the individual's credit record requirements than the bank is a little lower than the bank, there are not as many restrictions on the bank, the relative interest rate of your mortgage to buy a car through the finance company is also a little higher than the bank, after all, the risk and return are still linked to the risk and return, your After all, risk and return are still linked, your credit problems by the finance company to assume part of the risk, and accordingly will also get some benefits from you. The car finance companies that have lower interest rates than banks and don't look at credit history, you have to be careful! All kinds of loans are quite a lot.