One: there is no conflict between car loan and mortgage. As long as you can meet the conditions and requirements put forward by banks or lending institutions, you can apply for a car loan regardless of whether you have a mortgage or not. Generally, as long as the customer can prove that he has enough economic income and the ability to repay the principal and interest of the loan on time, he can get the car loan smoothly.
Two: When applying for a car loan, you must prepare all relevant materials, such as bank running water, certificates of deposit and other economic income and assets. The richer the better. And if you are worried that the loan bank or lending institution will not pass its own loan application, you can also find a qualified guarantor to guarantee; Or use assets as collateral. This can also increase the success rate of loans.
One: banks pay more attention to our credit information when lending. If your previous credit information is tainted due to overdue, it will be difficult to get a loan. Secondly, it is also important to have a stable income from work, so the best way is to work in the bank for a month or to issue an employment certificate and income certificate stamped with the official seal in the company where you work, so that you can get a car loan even if you have a mortgage.
Secondly, if our monthly repayment accounts for 50% of our monthly income, the bank is likely to refuse our loan, because the bank needs to ensure that you have enough money to live while making monthly repayment, so that you can make long-term repayment. If unfortunately the bank doesn't approve our car loan application, we can try to take factory financing when buying a car. Generally, the passing rate of factory finance is relatively high, and factory finance does not pay much attention to credit reporting. They value your ability to repay more.
Finally, I still want to remind you that it is not recommended to buy a car with provident fund loans, because provident fund loans can only be used for housing-related aspects. It is illegal to buy a car with a provident fund loan. Serious cases may even be prosecuted by the provident fund management center, which is not worth the loss.