Car loan approval, like other loan approvals, mainly depends on the qualifications of the loan applicant. Theoretically, as long as users meet the application requirements of loan products, it is relatively easy to pass. But overall, the application threshold of car loan is higher than credit loan, but lower than mortgage. The applicant 18 years old or above, has a stable work unit and income source, the personal debt ratio does not exceed 50%, there is no bad record of credit investigation, and the probability of approval of car loan is relatively high. The reasons for car loan approval and disapproval are: the buyer's repayment ability is insufficient, the repayment willingness is unstable, and the repayment ability is weak. The management will evaluate the repayment ability of customers through their income level and liabilities. Customers are generally required to submit wages to the bank. If the evaluation is unqualified, it proves that the loan will be rejected. Therefore, when collecting information, if the mortgage specialist finds this problem of the customer, he should ask the customer to supplement other income certificates or asset ownership certificates in time to improve the qualification conditions of the customer and improve the loan pass rate; 2. The job is unstable. Most employers usually require customers to have relatively stable jobs, because job stability means relatively stable income. If the customer is a freelancer with fluctuating income and frequent job hopping, it is difficult to qualify for a loan. Of course, different employers have different standards for job stability. 3. High debt ratio. Debt ratio is also an important factor for employers to evaluate customers' repayment ability. If the debt ratio is too high, the loan will naturally be rejected, because the customer has great risk of not paying back the money. Taking banks as an example, it is stipulated that if the total monthly loan repayment of customers is higher than 50% of their monthly income, it will not be approved. Doubt about the purpose of buying a car is the so-called earmarking, and financial institutions also need to confirm whether consumers have a clear purpose and willingness to buy a car, otherwise it will bring the risk of overdue or default. 1. Except immediate family members and spouses, you cannot apply for a loan on the grounds of buying a car for others to use. For example, consumers say that boyfriends or cousins buy cars, and financial institutions will refuse to lend money because of the risk of default; 2. The sales price of new or used cars is 20,000 to 30,000 higher than the guide price or market price. Even if consumers lose their minds at the beginning of buying a car, will they suddenly wake up and feel that the vehicle has sold tens of thousands more? Even if the financial institution takes back the car, it can't make up the loan amount after selling it in the second-hand market. Similarly, if the car condition is obviously bad, financial institutions mortgage assets with distorted values; When the customer service called the consumer, the consumer asked three questions.
Second, is it easy to pass the car loan review?
Generally speaking, if there is no bad credit record and a stable income, car loans can be easily approved. After all, there is a car as collateral.
Third, is it easy for me to apply for a car owner loan directly in the bank business hall?
It can be opened through online banking, which is very convenient and easier than the counter.
4. Is it easy for Chery Automobile Finance Company to approve car loans?
Compliance is easy.
It is understood that Chery Finance is a pure credit loan platform, so it is strict in auditing. As long as the borrower meets certain conditions, it can pass the audit, but a small number of users are rejected, which leads to the failure of the audit to some extent.
When choosing a loan platform, the borrower should pay attention to the following points: 1, fill in the mobile phone number and change the address; 2. To upload photos of the front and back of the ID card, you need to take a front photo; 3. To upload an ID photo, you need to complete face authentication; 4. After the approval, I will pay my mobile phone; 5. The basic information is successful, and the loan is released.