How to get a car loan
Users need to apply for a car loan from a lending institution first. Usually, car 4S stores will cooperate with some banks or lending institutions. When it is clear that you want to buy a car by stages, the auto 4S shop will help the borrower contact the lending institution without the borrower personally coming forward. Subsequently, the borrower provides various materials in accordance with the provisions of the lending institution. Relatively speaking, the approval process of car loan is relatively simple and efficient. As long as there is no problem with the borrower's qualifications and personal credit information, you can lend a car loan in about a week. After applying for a car loan, the borrower's vehicle registration certificate will be mortgaged by the lending institution. After paying off the car loan, the borrower also needs to get back the motor vehicle driving license in time, and then go to the vehicle management office to apply for cancellation of the mortgage. Car loans can also be repaid in advance. Different institutions have different regulations on prepayment, and some will deduct a service fee from the borrower. Therefore, when repaying in advance, the borrower needs to communicate with the lending institution in advance to see the details clearly.
What if the car loan is not paid back?
1, I don't want a car: it can be sold directly to used car dealers, who deduct the car loan amount from the total amount and directly help users pay off the loan;
2. I also want a car: if I don't get it in a short time, I can repay it with a bank credit card and then complete the credit card repayment; If it is not long-term, you can consider handling other long-term loans and paying off the car loan in installments or at one time.
Where can I apply for automobile mortgage?
Automobile mortgage can be handled in banks, formal financial institutions, auto financing companies and third-party loan companies. General banks can provide vehicle mortgage loans, which is a very extensive loan business of banks. For applicants, the interest applied in other places is relatively high, and the interest applied in banks is relatively low. However, it should be noted that the requirements of banks are relatively high. Applicants with poor comprehensive qualifications can only apply for vehicle loans such as microfinance companies and financial leasing companies. This article is mainly about the knowledge of whether the car loan can be repaid by credit card, and the content is for reference only.