Guide: What are the risks of auto loans? Introduction of automobile loan risk
Automobile is an important mode of transportation in people's life now, so buying a car has become an important thing in people's life. Among some people who want to buy a car, there are still some phenomena that they can't afford it, so people also have a certain measure between the full amount and the loan. Nowadays, many people choose loans. Let me introduce the risks of buying a car with loans. Let's have a look.
1. Introduce a competitive mechanism and actively cooperate with many insurance companies and distributors.
In the early days of auto loan business, most of the loan customers came from the joint promotion of insurance companies and auto dealers. Out of trust in insurance companies and distributors, some banks once ignored the direct investigation of loan customers. Moreover, due to the uneven credit status of auto dealers, there is no joint responsibility in all aspects of auto loan business cooperation, which creates opportunities for dealers to introduce customers to ABC unprincipled, and also introduces some customers who do not have economic strength to banks, laying a hidden danger for the timely recovery of bank auto loans. In the cooperation between banks and insurance companies, the object of "bank-insurance cooperation" is single, and most of the car loan business they do is cooperation with local "PICC". This kind of business cooperation is almost unique, which leads to the excessive dependence of banks on insurance companies in the process of business development and loan recovery. If insurance companies can't settle claims in time, it will directly lead to the increase of non-performing loans of banks, which is also one of the basic reasons for the formation of non-performing loans of banks. Therefore, only by introducing competition mechanism, insisting on cooperating with many insurance companies, and carefully selecting and clearing the cooperative automobile dealers according to the credit status can we create a good business cooperation environment for the healthy development of automobile loan business, completely change the passive situation of banks in business cooperation, and grasp the initiative of work.
2. Establish a "car loan deposit" system through "tripartite" negotiation.
When signing tripartite cooperation agreements with insurance companies and dealers, banks must clarify their respective responsibilities and obligations and safeguard their interests by implementing the "car loan deposit" system. As a lending bank, we must do a good job in pre-lending investigation of customers to lay the foundation for the safety of credit funds. For non-performing loans, it is not only the need of insurance claims, but also the responsibility of banks themselves. In addition to participating in the borrower's credit investigation, the insurance company must also promise to bear the liability for breach of contract compensation for the borrower's outstanding loans for more than three periods. In order to ensure the timely payment of non-performing loans, banks must require insurance companies to open a special account for "auto loan default compensation deposit" in the bank, maintain a certain amount of deposit, and timely deduct more than three outstanding loans from the account. If the insurance company fails to make up the balance of the special account in time and in full, it will continue its business cooperation after making up the balance. Automobile dealers, as vehicle suppliers, must bear certain responsibilities for customer credit and take full responsibility for vehicle quality. In order to ensure the smooth development of the business, dealers must be required to open a special account of "car loan vehicle quality deposit" in the bank, and deposits received will be used according to a certain proportion of the number of cars sold for the repurchase of problem vehicles and the deduction of non-performing loans caused by car quality problems.
3. Carefully select loan targets and implement the "account manager commitment" system.
It is the premise and foundation to prevent risks and ensure the safety of loans to correctly choose the object of automobile loans and strictly control the access of customers from the source. In order to strengthen the pre-loan investigation and ensure the quality of customers, banks can establish and improve the system of "commitment letter of responsible person", requiring account managers to classify customers according to their income level, operating conditions, industry risks, especially credit degree, as the main basis for determining whether to issue loans, whether to apply for performance bond insurance and what kind of guarantee methods to adopt. When issuing loans, account managers sign a "commitment letter of loan responsibility" to implement the relevant responsibilities of each loan to people and wages.
4. Clarify the insurance clauses and improve the loan procedures.
Automobile loan performance guarantee insurance is an insurance business of insurance companies, and "exemption clause" is an important part of it. The insurance clauses have strict requirements on the liability of the insured (borrower), the insured (loan bank) and the vehicle quality (provided by the dealer). A little careless loan operation will lead to invalid insurance, that is, "exemption from insurance liability" Automobile loan performance guarantee insurance is not "complete insurance" in the true sense. Therefore, banks should improve the loan operation procedures on the basis of correctly understanding the insurance clauses. First, in accordance with the requirements of insurance clauses, we should conscientiously improve the investigation and approval procedures for loans; The second is to review the vehicles provided by car dealers and strictly control the quality; The third is to ensure the continuity of motor vehicle insurance within the loan period, requiring borrowers to handle all insurance at one time according to the loan period, and the insurance period shall not be shortened; Fourth, when modifying or changing the loan contract and insurance policy, the written consent of the insurance company must be obtained, and an "approval form for insurance business change" must be issued.
5. Change the loan method and actively offer "direct customer" loan business.
The "direct customer" car loan business has the remarkable characteristics of flexible car purchase methods and diverse guarantee methods. Banks should gradually change from the passive operation mode of "indirect customers" in which car dealers introduce customers to banks to apply for loans to the active operation mode of "direct customers" in which customers first look for banks to buy cars. Through "direct customer" marketing, we will further expand the scope of loan targets, reduce the cost of car purchase for customers, improve the efficiency of loan handling, enhance the brand awareness of bank car loans and enhance the competitiveness of the same industry. By adopting various guarantee methods such as housing mortgage, new car mortgage and third-party guarantee, we will gradually change the situation of relying solely on performance guarantee insurance of insurance companies to handle business, spread the risk of automobile loan, and gradually change the loan mode from large trucks to taxis, passenger cars and family cars, thus continuously reducing the risk of automobile loan.
Buying a car with a loan is one of the means for modern people to buy a car, but it does have certain risks. There is no bank interest rate for buying a car in full, but it takes up a lot of personal funds at one time. If you have plenty of money, this is the way to spend the least. But if the car loan needs to occupy most of your current funds, then the loan can solve the current financial difficulties and have little impact on your life. I hope you like everything I shared about the risk of car loan.
@20 19
Second, what are the risks of auto consumption loans?
With the rapid development of automobile consumption loan business, its risks are increasingly apparent, mainly including the following aspects:
1. Credit risk:
Credit risk is mainly reflected in two aspects: first, the borrower's repayment ability is reduced or even the source of repayment income is lost due to unemployment, job change or other economic reasons; The other comes from the risk brought by car dealers through changing the use of loans or malice.
2. Market risk:
Market risks are inevitable in the process of automobile consumption loans, such as the downward adjustment of automobile prices and the upward adjustment of interest rates during the loan period, which will lead to the asymmetry of risks and benefits.
3. Operational risks:
Operational risk refers to the risk caused by illegal operation or poor management in all aspects of banking business. First of all, it is reflected in the fact that the pre-loan investigation is not detailed and the accurate information of customers cannot be obtained. Secondly, it is reflected in the failure to implement the post-loan follow-up inspection. There is no effective post-loan monitoring mechanism, whether the loan is really used for car purchase, whether the mortgage registration procedures are handled in time after car purchase, and whether the vehicle is renewed in time after one year of loan.
4. Guarantee risk:
Guarantee risk refers to the risk that the loan guarantee measures are not in place, the guarantor cannot fulfill the guarantee obligations, and the collateral is devalued or damaged, which makes the guarantee measures unable to provide sufficient guarantee capacity for the loan. Mainly reflected in:
First, the risk of cooperative car dealers. Under the operation mode of personal automobile loan with the dealer providing guarantee and the purchased vehicle as collateral, most customers of personal automobile consumption loans are recommended by automobile dealers or transportation companies to the handling banks, and banks are subject to automobile dealers or transportation companies everywhere, which is not conducive to preventing risks from the source.
Second, insurance risks. The borrower's car is mortgaged to the insurance company as a counter-guarantee. Once the borrower has a credit crisis, he will refuse to repay the bank loan.
Third, the risk of collateral. With the serious depreciation of the car price and the mobility of the car, once the customer is unable to repay the loan, it will be very difficult for the bank to pursue it. There is also the risk of conflict between mortgage and legal priority in automobile loan.
What are the risks of lending the car to others in my name? Such as repayment of loans, accidents, etc?
1. Because the loan is made in your name, if there is overdue repayment, the name recorded on the blacklist is you, which will affect your future credit;
2. borrow money in your name. After the car is bought, it is also your name. Because it is used by others, if there is a traffic accident, you are the owner first. In any case, as the owner, if there is a major fault in your car, you will be liable for compensation.
If there is a hit-and-run or mortgage fraud in the car, you may encounter an accident.
4. What are the skills to apply for personal car loan? What are the requirements for applying for a car loan?
Now that people's living conditions are good, they don't plan to buy another car. Friends who charge more will pay attention to the ways and methods of applying for loans, so as to ensure smooth loan. What are the skills to apply for a personal car loan? What are the requirements for applying for a car loan? Let's find out about the loan.
What are the skills to apply for a personal car loan?
Whether there is a "loan failure, contract termination" clause in the additional terms, otherwise, the loan failure will be created.
1, real estate mortgage car purchase
In the form of mortgage, high-value collateral is used to reduce the loan risk of banks in order to obtain lower loan interest rates. In addition, buying a car with real estate mortgage and buying a car with unsecured mortgage can reduce loans.
2. Be careful about the preferential interest rate.
In some preferential interest rate loans, consumers have to buy insurance and lists, in addition, they have to pay the car purchase fees of different banks. The fees charged are quite different, so the calculation may not be appropriate.
3. Determine the expected vehicle type
Since you think you need a loan to buy a car, you should first choose a good model, and before signing the contract, you should know the loan details of this model in detail from dealers and financial institutions to see if it belongs to the person who can get the loan, and whether it is very troublesome.
What are the requirements for applying for a car loan?
Conditions for applying for a car loan: individuals should have stable professional income or easy-to-realize capital loan principal and interest. Its own funds are enough to pay the down payment for car purchase stipulated by the bank. A bank-approved guarantee must be provided. Willing to accept other conditions that the bank deems necessary.
Then we should pay attention to the handling skills, and at the same time pay attention to the application method of loans. The above is an introduction about the application conditions of individual car purchase payment. You can continue when you handle it, paying attention to the specific details.