1. Can Chery Financial’s credit score be poor and I can buy a car in installments?

If your personal credit report is not good, you cannot buy a car in installments. Buying a car by installment is also a car loan. Users with poor credit cannot apply for a car loan. Even if they submit a loan application, they will not pass the loan review. Users need to wait until their credit report returns to normal before they can apply for car loans. Moreover, if the credit report is not good because there are too many credit report inquiries, the credit report can usually be restored in about half a year.

2. Can I apply for a car loan if my personal credit record is not good? Go to Chery Finance

First of all, you must make sure it is formal. Only on the premise of safety, the interest rate is important. So if it’s not safe, no amount of interest rates will matter.

3. If you are three days late on your Chery Finance car loan repayment, will your credit report be checked to see if the bank will call you? It is best not to overdue the payment

Usually the payment is deducted at 2 o'clock in the morning today. I found out at 8 o'clock this morning that I forgot to deposit the money and immediately called Chery Finance to deduct the money. They replied that it would not be until next Monday. Deduction

Is this considered overdue

4. Can I buy a car in installments if my credit report is not good?

1. Answer positively

You can buy a car in installments if your personal credit is not good, but your car loan application may not be approved. In order to maximize the success rate of buying a car in installments, you can do the following things.

2. Specific analysis

1. Submit complete loan information. When buying a car in installments, you can submit proof of income, proof of personal assets, credit report and other information. When required by the lending institution, Prepare the loan materials properly within the scope, without any omissions or errors, let alone false loan materials.

If your credit report is not very good, you can consult the lending institution to see if it will affect your installment purchase of a car. Sometimes bad credit does not necessarily affect your installment application. You can apply in advance Be understanding.

2. Do not check your credit report frequently. Bad credit is not necessarily due to overdue bad loan records left on the credit report. It may also be due to the fact that more credit activities have been carried out recently. There are many loan records and credit inquiry records on the credit report, which will make the lending institution feel that your financial ability is poor.

In this case, do not continue to authorize other agencies to check your credit report, and try not to apply for other loans. Let your credit report slowly be repaired before buying a car in installments.

3. Reasonably choose the loan period. Because your credit is not very good, the lending institution may be worried about future repayment issues, so you should be more cautious when choosing the loan period. If the installment period is longer, the platform’s The greater your concerns will be, which may increase the concerns of the lending institution. You can reasonably choose the number of installments based on your actual situation.

4. Increase the down payment ratio. When applying for a car loan, you can increase your down payment ratio as much as possible. This can minimize the negative impact caused by credit problems. After the down payment ratio is increased, you can effectively reduce the impact on your credit. The demand for car loan lines will reduce the lender's concerns, which can increase the success rate of buying a car in installments.

5. Get in touch with other lending institutions. Different lending institutions have different strengths in car loan review. Before buying a car in installments, you can contact several more lending institutions. Some institutions have different review strengths. It's not that strict. For example, the manufacturer's financial review is more relaxed. You can contact several more lending institutions, and maybe you can still buy a car in installments.

6. When looking for a third-party guaranteed loan, you can also find some individuals or institutions with relatively good qualifications to guarantee the loan for yourself. If the car loan institution accepts this loan method, as long as a suitable guarantor can be found, Then the car loan institution will naturally relax its requirements for you, and you can smoothly buy a car in installments.

7. Make sure you don’t have too much debt. If you want to successfully buy a car in installments if your credit report is not very good, it is best not to have too much foreign debt. Too much foreign debt will intensify the lending process. Worry about future repayment pressure and refuse the loan.

Therefore, if you have too much foreign debt that has not been settled, you can first reduce your debt ratio before buying a car in installments.

You can see that you can try to buy a car in installments even if your credit report is not very good, but whether you can succeed in the end still depends on the review results of the lending institution.

If you have overdue records online, or loan records from multiple platforms, then your various records will be subject to big data risk control. When your online loan platform often rejects you, even if Even Huabei will be closed. If your online blacklist data is abnormal, you can search: Beijian Quick Check, you can get your own big data and credit status, you can get various indicator data, you can check your own personal credit status, blacklist status, network status Loan application record, application platform type, whether it is overdue, overdue amount, whether there is an arbitration case, and other important data information.

3. Can I still get a loan if my personal credit report is overdue three times?

If the personal credit report is overdue three times, if the overdue record has been deleted, you can apply for a loan later. Because the personal credit report returns to normal, the user can handle other credit services.

If the overdue debt has been paid off and the overdue record has not been deleted, or the user has not paid off the overdue debt, as long as the overdue record remains in the credit report, the user will not be able to successfully apply for other loans. .

Most loans require authorization to check a personal credit report when applying. If there is an overdue record in the credit report, it is considered a bad credit report. A bad credit report does not meet the loan application conditions.

No matter what kind of loan it is, one of the conditions of the loan is that the applicant must have good credit.

Loan overdue records can be deleted. After paying off the overdue debt, the overdue records will be automatically deleted from the credit report after 5 years.

For users, having three overdue records in their credit report not only affects the user's application for other loans, but also has a negative impact on the user's daily life such as job hunting and civil service examinations.