SAIC-GM Finance Auto Loan is the first auto finance company in China jointly funded by SAIC Finance Co., Ltd., American General Motors Finance Co., Ltd. and Shanghai General Motors Co., Ltd. and approved by China Banking Regulatory Commission ... SAIC-GM Finance has provided a full range of auto finance services to nearly one million auto consumers in China, with a wide range of business.

At the same time, in order to meet more people's demand for car loans, SAIC General Finance opened a 24-hour online car loan application business. Customers can log in to GMAC-SAIC official website to fill in the car loan requirements, and then experience the efficient and convenient car loan service of GMAC-SAIC.

Although the loan business of SAIC-GM-Finance is extensive, the online car loan application business provided by SAIC-GM-Finance provides us with great convenience, but SAIC-GM-Finance is foreign capital after all, and the interest rate is four times higher than that of banks, and it is also proposed that prepayment is a breach of contract and the liquidated damages are very high.

SAIC finance is not very strict in reviewing the lender's application. However, it is not easy for lenders to obtain loans successfully, and some criteria need to be considered. For example, the lender needs to have full capacity for civil conduct, a valid ID card and residence permit, a good personal credit report and no bad records. If the personal credit report is not good, the probability of rejection is very high. Secondly, when applying for a loan, the lender must have labor income and be able to repay the loan on time, otherwise, once it defaults, it will bear high liquidated damages.

SAIC General Finance will also check personal credit information when buying a car. If you are married and buy a family car, you will also check your spouse's credit information. If you have a bad credit record and are a black household, you can't apply for a loan. In addition, SAIC-GM Finance will also check your credit information. Overdue repayment, there will be overdue records on the personal credit report. The following is the application process of SAIC-GM financial loan:

1 Select the car you want to buy, then apply for a loan, fill in and submit the loan application form, and submit relevant supporting materials, such as ID card and residence permit;

2. The auto financing company examines the application materials of the lender and investigates the application qualifications of the lender;

3. In line with the loan conditions, sign a loan contract, a guarantee contract and a mortgage contract with the lender;

4. Handle relevant mortgage registration and insurance procedures;

5. Loans from auto financing companies;

6. The lender pays the down payment for the vehicle, and then goes through the formalities of picking up the vehicle;

7 The lender repays the loan on time as agreed in the contract, and goes through the mortgage registration cancellation procedures after the loan is paid off.

Excuse me, is there a credit report for auto financing loans?

1. The auto financing loan is for credit report. The auto financing company cooperates with the credit information system of the People's Bank of China. No matter which auto financing company, as long as the user applies for a car loan, the loan record will definitely be recorded. At the same time, the overdue repayment record of car loans will also be uploaded to the People's Bank of China. If users don't want to cause bad credit information, it is recommended to return each auto financing loan on time.

2. Some auto financing companies will have a grace period for repayment, and repayment within the grace period is also considered as normal repayment.