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How to decompress a car loan?

After the car loan is paid off, you can present the identity certificate of the motor vehicle owner and mortgagee; the motor vehicle registration certificate; the main contract and mortgage contract signed by the motor vehicle owner and mortgagee in accordance with the law and other materials. Go to the vehicle management office where the vehicle is mortgaged and registered to handle the mortgage registration.

Applying for cancellation of mortgage registration in accordance with Article 24 of the "Motor Vehicle Registration Regulations"

(1) Identity certificates of the motor vehicle owner and mortgagee;

(2) Motor vehicle registration certificate.

Article 6 of "The Ministry of Public Security launches 10 new measures to reform public security traffic management by "delegating power, delegating power, delegating power and optimizing services"":

Simplify the registration procedures for motor vehicle mortgages. When a party applies to the public security and traffic control department for motor vehicle mortgage registration, if a commercial bank or automobile finance company is the mortgagee, it is no longer necessary to submit the original business license. Instead, a copy of the business license with the official seal and a copy of the business license must be submitted. Or the mortgage contract can use an electronic seal.