1. Pay off the loan payable in time.

2. Generally, the bank or financial institution will remind the repayment several times before towing the car. If they refuse to repay the loan after getting the news, they may generate higher interest. When returning the loan amount, they need to repay this part of the cost together. If the time is too long, interest will be a big expense.

3. Creditors may also report to the police, which is more troublesome. It may be the auction proceeds and the loan amount will be repaid later.

4. After paying off the loan amount and interest payable, you still need to pay the towing fee.

Treatment process

First of all, the lender needs to prepare ID card, residence certificate, work certificate, loan use certificate and other supporting materials, go to a bank, fill out an application form and fill out a contract.

Then, wait for the bank's pre-loan qualification investigation and approval. If the lender meets the loan conditions stipulated by the bank, the bank will inform the lender to fill out some loan forms. If the loan applied by the lender needs mortgage or guarantee, it is also necessary to sign a guarantee contract and a mortgage contract, and go through the mortgage registration procedures; If the loan is unsecured, there is no need to sign such a contract.

Secondly, banks issue loans to lenders. Generally, banks will lend money within 2 to 3 weeks or 1 month after the approval is completed, and the loan can be released within 1 day at the earliest.

Finally, the borrower will pay the down payment to the car dealer, and handle the car pick-up formalities with the passbook and the car pick-up note issued by the bank.

In the process of applying for personal automobile consumption loan, the applicant needs a copy of ID card, household registration book, marriage certificate, income certificate, bank statement, real estate license and so on.