If you buy a car, you will go to a 4s shop, but the final approval right is not in the dealership. Car dealers only help with car loans. If the borrower's own conditions are unqualified, it is likely to be rejected. In fact, many car dealers do not only cooperate with one lending institution. In addition to cooperation with banks, there will be some auto finance companies. If FAW's financial loan is rejected, try something else. It can be changed into a bank car loan or a car financing loan. Auto financing loans are lower than other lending institutions, but the handling fee may be higher than other lending institutions, so you should be mentally prepared.
In addition to changing lending institutions, you can also use credit cards for installment. At present, many banks will have this business. If you are interested in buying a car, you can submit an application for car installment online. This kind of installment loan is more convenient and has a lower threshold than bank loans to buy a car. After the approval of the bank, the money will be directly credited to the cardholder's debit card account, and the cardholder can use the money to buy a car and then repay it in installments.
No matter which alternative scheme is adopted, it is necessary to find out the reasons why the loan is rejected by financial institutions, such as one's own bad personal credit. Personal credit information determines the success of car loan. The applicant's credit report is overdue, and 100% refused. If the application materials are faulty, untrue or incomplete, they will also be rejected. You need to ask the account manager how to supplement the materials or re-fill in a real and effective personal information. You can also increase the loan with the repayment person, or increase the down payment ratio, which will help the approval rate.