The car loan is overdue for three months, and the car is confiscated. After loans overdue, the bank will take a trailer and auction it off. If the car loan belongs to the bank, the bank will notify the owner to repay the car in time by SMS or telephone at the early stage of overdue, and will not collect the car as soon as it is overdue. If the owner has signed a car loan contract with an auto financing company or a car rental platform, the overdue treatment will be resolved through the contractual treatment. Generally speaking, large financial companies deal with it in the same way as banks, except that some companies will tow the car the day after the car loan is overdue. After the owner borrows money to buy a car, the game loan company will install a GPS positioning system on the car, so that even if there is a problem, it will not be towed away by the company, and the company will charge the owner a certain towing fee. After the overdue occurs again, the owner can contact the bank or financial company in time and solve it through negotiation, such as whether there is a grace period and whether there is an option to postpone repayment. Some banks have strict control over overdue. As long as they don't see the repayment on the repayment date, they will be regarded as overdue, and the failure of repayment will be treated as overdue. Therefore, car owners need to contact each other even if they encounter problems to avoid bad records in credit reporting. In short, any loan must be repaid on time. If it is temporarily unable to repay, you can contact the bank for negotiation. Remember not to escape, so as not to have a bad influence on credit information.