Ping An car loan is not an independent loan product of Ping An Bank, but one of the uses of personal credit loan launched by Ping An. After applying for a "new loan", the borrower can use the loan to buy a car. What about Ping An car loan? According to reports, Ping An car loan has four characteristics:

1) No guarantee: Ping An's car loan does not need collateral. Ping An can review the borrower's credit to lend money. If the borrower has good credit, he can apply for Ping An's car loan;

2) Convenient application: When applying for a loan, the borrower can apply through the Internet or telephone. After Ping An passes the preliminary examination, the borrower only needs to go to Ping An Bank once;

3) Quick loan: Ping An car loan can be obtained as soon as possible, which is tantamount to giving timely help to those who urgently need to buy a car;

4) The loanable amount is high: based on the borrower's salary income, the maximum loanable amount is 500,000 yuan, which is completely enough for general automobile consumption and purchase.

And how much is the interest on Ping An car loan? According to the standard of new loans, the monthly interest rate is the lowest 1.59% and the highest 1.99%. Therefore, the interest rate of Ping An car loan is not low, the lowest is 19.08%. Compared with other car loan businesses in the market, the interest rate has no obvious advantage.