Where can I apply for a loan for a car with an unpaid loan?

Can I get a loan if I haven’t paid off the installment car yet?

You cannot sell the car until the car loan is paid off.

Car loan application conditions

(1) The car buyer must be over 18 years old and a Chinese citizen with full capacity for civil conduct.

(2) Car buyers must have a relatively stable career and relatively stable economic income or have assets that are easily liquidated, so that they can repay the loan principal and interest on schedule. The easily liquidated assets here generally refer to securities, gold and silver products, etc.

(3) During the loan application period, the car buyer deposits the down payment for the car purchase lower than the bank's regulations in the account of the handling bank's savings counter.

(4) Provide the bank with a guarantee recognized by the bank. If the car buyer's personal account is not local, a joint liability guarantee should also be provided. The bank will not accept the mortgage set by the car buyer for the vehicle purchased with a loan.

(5) The car buyer is willing to accept other conditions deemed necessary by the bank.

Extended information:

Article 13: Dealer car loans as mentioned in these Measures refer to loans issued by lenders to car dealers for the purpose of purchasing vehicles and/or spare parts of loans.

Article 14 When applying for a dealer car loan, a borrower shall meet the following conditions at the same time:

(1) Have an enterprise legal person business license and annual inspection certificate issued by the industrial and commercial administrative department;

(2) Have a vehicle sales agency certificate issued by the automobile manufacturer;

(3) The asset-liability ratio does not exceed 80;

(4) Have a stable The legal income or legal assets sufficient to repay the principal and interest of the loan;

(5) The dealer, the dealer’s senior managers and the customers who accept loan applications on behalf of the dealer have no major breach of contract or bad credit record;

(6) Other conditions required by the lender.

Article 15 The lender shall establish an independent credit file for each dealer borrower and update it in a timely manner. The dealer's credit file should contain the following contents:

(1) The dealer's name, legal representative and business address;

(2) Copies of various business licenses;

(3) The dealer’s insurance purchase, commercial credit and financial status;

(4) Loan card (number) issued by the People’s Bank of China;

(5) ) The model, price and purpose of the purchased car and parts;

(6) Loan guarantee status;

(7) Other information needed to prevent loan risks.

Article 16 The loan amount of the lender's loan to the dealer for the purchase of vehicles and/or spare parts shall be based on the dealer's average inventory for a period. The specific period shall depend on the dealer's inventory turnover. Certainly.

Article 17 Lenders shall regularly conduct credit reviews of dealers by regularly counting dealers’ automobile and/or spare parts inventory, analyzing dealers’ financial statements, etc., and adjust the distribution balance based on the review results. business credit rating and frequency of inventory counts.

Reference: Baidu Encyclopedia-Car Loan If the car is still under mortgage, can I apply for a loan?

No.

1. When applying for a car mortgage loan, the lending institution has certain requirements for the car used for mortgage; then, if the car mortgage loan has not been repaid, the mortgage loan cannot be obtained.

2. The car that can apply for a mortgage loan must be a fully paid car. Even if you apply for a car mortgage loan to buy a car, you must have paid off all the arrears of the car mortgage loan before you can apply for a car mortgage. loan.

A car that is still under mortgage is itself still under mortgage. A car that has already been mortgaged cannot be applied for a mortgage loan, so a car under mortgage cannot be applied for a car mortgage loan.

3. If an individual wants to use the car in the mortgage to apply for a car mortgage loan, he or she can choose to pay off the car mortgage loan in advance. After the car mortgage registration is cancelled, the car mortgage loan can be prepared. Use the information to find a local loan company to apply for a car mortgage loan.

Car loan application conditions

(1) The car buyer must be over 18 years old and a Chinese citizen with full capacity for civil conduct.

(3) During the loan application period, the car buyer deposits the down payment for the car purchase lower than the bank's regulations in the account of the handling bank's savings counter.

(5) The car buyer is willing to accept other conditions deemed necessary by the bank. I bought a car with a mortgage and the balance has not been paid off. Can I use it as a mortgage loan?

If you buy a car with a mortgage and the balance has not been paid off, you can get a second mortgage. The relevant provisions on mortgage are as follows:

1. According to Article 35 of the "Security Law", after a property is mortgaged, if the value of the property is greater than the balance of the secured creditor's rights, it can be mortgaged again, but it shall not exceed its value. balance part.

2. Article 41 of the "Security Law" stipulates that if the party pledges a vehicle, it shall register the mortgage at the vehicle registration department, and the mortgage contract shall take effect from the date of registration.

3. Article 54 of the "Security Law" stipulates that if the same property is mortgaged to more than two creditors, the proceeds from the auction or sale of the mortgaged property shall be paid off in accordance with the following provisions:

(1) If the mortgage contract becomes effective upon registration, repayment shall be made in accordance with the order in which the mortgaged property was registered; if the order is the same, repayment shall be made in accordance with the proportion of the creditor's rights;

(2) If the mortgage contract becomes effective from the date of signing, the mortgage shall If the property has been registered, it shall be repaid in accordance with the provisions of item (1) of this article; if it has not been registered, it shall be repaid in the order of the effective time of the contract. If the order is the same, it shall be repaid in accordance with the proportion of creditor's rights. Registered mortgages will be paid before unregistered mortgages.

Extended information

The word "mortgage" is the Cantonese transliteration of the English "Mortgage", which refers to using real estate and other physical assets or securities, contracts, etc. as collateral to obtain bank loans and The principal and interest are paid in installments according to the contract, and the bank returns the collateral after the loan is repaid.

Mortgage means that the mortgagor transfers the property rights of the house to the mortgage beneficiary as a guarantee for repayment. After the mortgagor pays off the loan, the beneficiary immediately transfers the property rights of the house involved to the mortgagor. During this process, The mortgagor has the right to use the property.

Originally originated in Western countries, it was originally intended to be a legal relationship in the Anglo-American equilibrium law system. It was later introduced to the mainland real estate market from Hong Kong in the 1990s. It was first trialled locally by Shenzhen Construction Bank, and then gradually It became popular in the mainland;

Because it frequently appeared in the real estate field and was formally used in texts, its meaning gradually evolved into "mortgage loan", and it has been officially called "personal mortgage loan for commercial housing purchase" in China.

The original meaning of "jie" is to hold high, and the extended meaning is to borrow money. Pressing down the held high object can mean repaying the loan. Therefore, mortgage means repaying the loan. It can also be explained in Chinese without resorting to transliteration.

Another theory about the origin of the word mortgage comes from the book "Common Word Misunderstandings" published by Meteorological Press in 2009 (author Zhang Haifeng). In the article on page 4 of his book, “What does “mortgage” mean? ", the author believes that the word "jie" means "mortgage" in both ancient Chinese and modern Chinese, which can be seen in some literary works.

There is this description in the novel "The Long Night" by the famous contemporary writer Yao Xueyin: "A few days ago, my creditors were pressing me hard, so I ran to my sister's house and begged my brother-in-law to ask me for help. He borrowed another dozen yuan and paid back the interest. "Yao Xueyin wrote in the article: "Borrowing money at usury is called borrowing money, which is called "jie" for short.

Yao Xueyin said. He is from Henan, and the book is about Henan. It seems that this word has been popular in the Central Plains for a long time.

To this day, the elderly in rural Henan still clearly distinguish the meaning of the two words "borrow" and "jie": "borrow" means "temporarily using someone else's items or money", while "jie" means "to borrow" An interest-bearing term loan secured by real property. If you take a loan to buy a car, can you get another loan if the car is not paid off?

Yes, whether you can still get a loan if you already have one depends on the actual situation of the lender. What kind of loan does the applicant want to apply for, how much loan amount does he want to apply for, and how long is the loan application period. If the applicant's personal qualifications are not bad, he can obtain a loan.

For example, if the applicant has a car loan and then applies for a credit loan of 40,000 yuan, if the applicant’s monthly income is 20,000 yuan, and the monthly car loan repayment is only 2,000 yuan, as long as the applicant’s personal credit If the loan is in good condition, there are no overdue loans, and there are no other debts, then the chances of obtaining a credit loan are very high.

Of course, this is also inseparable from the lending institution chosen by the applicant. Banks have always had high requirements for applicants and strictly control the applicant's asset-liability ratio. If the asset-liability ratio exceeds 40, banks will almost never consider lending.

Can I refinance my car loan if it has not been paid off? It is possible if conditions permit, but the borrower must arrange the loan amount reasonably. In addition, borrowers can also consider applying for a loan from a loan company. Compared with banks, loan companies have much looser loan conditions and have a greater chance of successfully obtaining a loan. However, the loan fees are also much higher than those of banks. Therefore, it is still necessary for borrowers to make a repayment plan before applying for a loan.

Knowledge expansion:

The conditions required for a car loan are:

1. Have a valid identity certificate and full capacity for civil conduct;

2. Be able to provide proof of a fixed and detailed address;

3. Have a stable career and the ability to repay loan principal and interest on time;

4. Have good personal social credit;

5. Hold a car purchase contract or agreement approved by the lender;

6. Other conditions stipulated by the cooperative agency.

The process of buying a car with a loan:

1. Lead the customer to choose a car at the bank’s authorized dealer and sign a car purchase agreement or contract;

2. The borrower Apply for a personal car mortgage loan from the lending bank;

3. Sign the contract after investigation and approval;