Conditions for installment payment of used cars:

1. Lender 18 ~ 60 years old, with permanent residence in town or valid residence status.

Second, the lender has a stable economic income and can repay the principal and interest on schedule.

Third, the lender has a fixed property in the local area and has a good personal credit.

Used car installment payment process:

First, the lender goes to the lending institution for consultation, and the lending institution will recommend the used car dealers who cooperate with the lending institution.

Second, the lender chooses the second-hand car to be purchased at the dealer and signs a car purchase agreement.

Iii. The lender brings relevant materials to the lending institution to apply for a loan, and the lending institution reviews the materials, which is generally completed within 15 working days.

Fourth, lending institutions sign loan contracts and corresponding guarantee contracts with lenders who meet the loan conditions, clarify the guarantee methods, and issue loans after handling relevant procedures.