Car loans are generally easier to pass than other loans, because the loan amount of car loans is relatively lower than other loans (housing loans), and people with fixed jobs and incomes can generally afford it unless they are too capricious when choosing a car, which is beyond their affordability.
Extended data:
Auto loan approval is introduced as follows:
If the information provided is wrong, it will delay a lot of time. Secondly, in the first audit stage, the bank will ask for a return visit to the car loan. If there is an error in the return visit, it will affect the approval speed and even the audit result.
Bad credit, if the credit card is overdue and the repayment is overdue for more than two times in five years, the bank is likely to refuse the loan. Spouse credit is not good, and spouse credit is also one of the factors of banks. Too much debt. If there is too much debt, the bank may refuse to lend.
Phoenix. Com- I want to borrow money to buy a car. Do you know these behaviors that undermine credit information?