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Is Great Wall Financial Car Loan a bank loan?
Great Wall Financial Car Loan is a bank loan.

To apply for a mortgage to buy a car, whether in a bank or in other financial institutions, you need to apply for a vehicle registration certificate.

Process of handling mortgage car loan:

1. Choose a car at a special bank dealer and sign a car purchase agreement or contract;

2. The borrower applies to the loan bank for personal automobile mortgage;

3. Sign the contract with the consent of the investigation;

4. Go through the formalities of notarization and mortgage of automobiles;

5. Bank loans;

6. After the loan is paid off, the pledge certificate shall be cancelled and returned to the customer.