If the applicant does not have a very serious bad credit record, the lending institution will also pass. In addition, it should be noted that any lending institution considers the applicant's loan qualification from many aspects, not just one of them. If the applicant's credit is not so good, it can be made up by other means. Serious overdue, unable to apply for a vehicle mortgage loan.

1. Application conditions of Minsheng Bank in automobile mortgage

1, 18 years old natural person;

2. Have a stable occupation and income;

3. Personal credit status is good;

4. The types of cars purchased are mainly for personal and family use.

Two, Minsheng Bank automobile mortgage application materials.

1. The valid identity document of the loan applicant.

2 proof of the property and income of the loan applicant and his spouse.

3. Proof of loan use: A legal and effective car purchase contract, agreement or letter of intent must be provided.

4. Proof of down payment

5. Personal credit report inquired through the credit information system of the People's Bank of China (if any).

6. Other documents and materials specified by Minsheng Bank.

Three. Minsheng Bank automobile mortgage Handling Process

1. The borrower submits a loan application to Minsheng Bank.

2. Minsheng Bank conducts pre-loan investigation.

3. Minsheng Bank collects data before lending.

4. Minsheng Bank conducts loan review.

5. Sign a contract with the lender after approval.

6. The lender shall evaluate the collateral at the evaluation center and submit an evaluation report to Minsheng Bank after the evaluation.

7. Go through the formalities of automobile mortgage and complete the loan from Minsheng Bank.