Is it reliable to get a car loan without a mortgage? When applying for a loan, many friends heard that they can get a car loan without a mortgage for their car. Although unsecured car loans can bring great convenience to everyone, some friends still have doubts. So, is it reliable to get a car loan without a mortgage? Unpledged car loans exist, and you can get the loan after completing certain procedures. However, the lending institution requires a GPS to be installed on the car so that it can monitor the car's usage at any time. Although no-pledge car loans are relatively reliable, you should pay attention to the following two points when applying: Note 1: Choose the right lending institution. Traditionally, banks have not accepted car mortgage loans because cars wear out a lot and depreciate quickly. Therefore, borrowers who need to apply for a car mortgage loan can only go to a local formal loan company. However, when looking for a loan company to apply for a loan, the borrower must remember: do not pay any fees before getting the loan funds to avoid being deceived! Note 2: Car loans without mortgage cannot be applied for. , Non-guaranteed car loans are only for fully paid vehicles. If the car in the borrower's name is mortgaged, don't expect to get a loan.