Conditions for buying a car loan:
1./kloc-citizens aged 0/8 and under 65 with full capacity for civil conduct;
2. Have legal identity documents, local permanent residence or valid residence certificates;
3. The loan individual should have stable professional and economic income or assets that are easy to realize, enough to repay the loan principal and interest on schedule;
4. The lender's own funds are sufficient to pay the down payment for car purchase stipulated by the bank;
5. The lender must provide a guarantee recognized by the bank;
6. The lender is willing to accept other conditions deemed necessary by the bank.
Information required to apply for a loan to buy a car:
1. Personal and spouse ID cards;
2. Personal and spouse's household registration book;
3. Marriage certificate;
4. proof of income of myself and my spouse;
5. Real estate license;
6. driver's license;
7. Details of the bank statement issued in the name of an individual.
Note: Unmarried people do not need to provide spouse materials and marriage certificates, while divorced people need to provide divorce certificates or divorce agreements.
The process of car loan:
1. The applicant applies for mortgage loan from the loan company;
2. The loan company accepts and collects automobile information;
3. Car inspection, car inspection, test run and car evaluation;
4. Both parties shall determine the mortgage term, mortgage fee and management fee;
5. Sign a mortgage loan contract, and the loan company will lend money;
6. The borrower repays the loan on schedule.