It is a serious breach of contract not to repay after the loan lock is lifted. Only when the bank or car loan institution where the loan is located is found to solve the overdue loan through negotiation, it is required to unlock the vehicle GPS through the GPS vehicle monitoring platform.

Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers.