You can buy a car with bad credit, but it depends. It is difficult to borrow money to buy a car with bad credit, but it is generally impossible to borrow money from a bank to buy a car, because banks have strict credit requirements and need good credit. Users can get car loans from auto financing companies or private lending institutions, but the loan interest of these lending institutions is higher than that of banks.

If the user wants to apply for a car loan in the bank, he needs to restore his credit. The central bank stipulates that bad records shall be kept for 5 years after the termination of bad behavior, and automatically deleted after 5 years. Therefore, users can stop their bad behavior, and then do not produce new bad records within 5 years, and can apply for car loans after 5 years.

1. If you plan to buy a car with a loan, you can also provide the bank with proof of personal assets, such as real estate, cars, stocks, funds, bonds, wealth management products, insurance, etc. Income certificate, salary income, dividend income of shareholders, labor income, etc. It is proved that the lender has sufficient willingness and ability to repay, and the bank will issue loans. There are many kinds of bad credit information. If it is only overdue once, you can negotiate with the bank. If the number of overdue credit reports exceeds the bank regulations, it is best not to buy a car with a bank mortgage. Due consideration can be given to the channels owned or recommended by car dealers, so that they will not be rejected by banks because of personal credit information. When you apply for a loan or credit card in your daily life, you must repay it on time and keep your personal credit report. After all, you never know when you will need a loan in the future, and a good credit report is your ticket to apply for a loan.

Second, the precautions for buying a car

1. Check whether the onboard list and purchase invoice of the vehicle are complete, so as to avoid incomplete materials when handling business for the vehicle.

2. When the new car is delivered, the vehicle must be thoroughly inspected. Once it is driven away, it will be a bit troublesome to deal with the problems found, especially the car surface, car paint and car interior, so as to avoid damage.

3. Buy auto commercial insurance according to the actual situation. Don't choose to buy unnecessary insurance, and don't covet to buy low-level insurance. Be sure to buy according to the actual situation.

4. When you buy a car, look up the good gifts and don't need unnecessary things. We can discuss discounts on car prices.

If there is something wrong with my credit information, can I borrow money to buy a car?

You can't borrow money to buy a car if you have problems with your credit information. Of course, if the credit problem is not big, you can borrow money to buy a car. As long as you provide enough information, you can borrow money to buy a car.

These materials include asset certificates, real estate, cars, stocks, funds, bonds, wealth management products, insurance and so on. Income certificate, salary income, dividend income of shareholders, labor income, etc. It is proved that the lender has sufficient willingness and ability to repay, and the bank will issue loans.

If you want to increase the chances of loan success, the lender can also provide a strong guarantor or a capable repayment partner. You can also reduce the loan amount, so the loan success rate will be much higher.

How to get a loan to buy a car if there is a problem with credit information

1 credit loan to buy a car

If there is a problem with the credit information, it will affect the loan to buy a car, but it will not directly refuse the loan application. Lending institutions will also conduct audits according to the degree of problems in the applicant's credit reporting. If only 1 2' s credit card is overdue, it will have little impact on the loan to buy a car.

2 mortgage loan to buy a car

If you can't buy a car through a credit loan, you can directly apply for a mortgage loan to buy a car. You can mortgage a loan and then use the loan funds to buy a car, but you need a certain amount of collateral.

If there is a problem with the credit information, you can borrow money to buy a car through the above methods. Generally speaking, there will be no great impact if there is a problem with the credit information, but if the applicant has a big stain on the credit information and is blacklisted, it is impossible to handle the car loan business in any bank.

Can I get a loan to buy a car with bad credit?

You can't borrow money to buy a car if you have problems with your credit information. Of course, if the credit problem is not big, you can borrow money to buy a car. As long as you provide enough information, you can borrow money to buy a car.

Although bad personal credit will reduce the chances of successfully applying for a loan, it is not impossible to get a loan. For example, a bank with strict audit is not an applicant who rejects all bad credit records. For friends who occasionally have short-term overdue, they will also lend.

If it is not a serious overdue behavior, such as only one overdue record less than 90 days in recent years, and it will be returned soon, then you can contact the bank first to see if you can issue a non-malicious overdue certificate; Secondly, in this case, the loan will not be refused, but it is possible to shorten the loan period and raise the loan interest rate.

If the credit information is too expensive and you want to borrow money to buy a car, you can try the following methods:

1, looking for a guarantee company. This can improve the loan pass rate, but if you find a guarantee company to help you apply for a car loan, there will be additional expenses and risks.

2. Take a break. You can't apply for a loan again within half a year or a year, and you can't have bad records such as overdue. After the data returns to normal, it will be smoother to apply for a car loan.

3. Find proof of property. Provide the lender with more adequate proof of property, such as bank deposits, securities company assets, etc., to prove its repayment ability, so as to gain the trust of the lender and successfully handle the car loan.

4. Buy a car in full. At present, the price of small displacement cars is not expensive. If you run out of credit information, you can't get a loan. Try to buy a car in full and lower the grade of the car. 、

Of course, some netizens asked, can a bad car mortgage be done? With collateral, the credit requirements for borrowers will not be so high. As long as the borrower does not have a serious bad credit record, it will generally not be rejected. Of course, people with bad credit records can apply for a car mortgage.

Can I get a loan to buy a car with bad credit?

You can't.

Individuals who want to borrow money from a local bank to buy a car can only apply for a loan to buy a car if they have a stable job and income, a good credit record and no criminal record. If an individual has a bad credit record, it is not good to apply for a loan to buy a car in the bank.

If the borrower's overdue times exceed the bank's regulations, it is best not to take the bank mortgage to buy a car, but to properly consider the channels owned or recommended by the car dealership, so that it will not be rejected by the bank because of personal credit information. Therefore, personal credit is not good. Pay attention to buying a car by mortgage, and pay attention to personal repayment ability when buying a car. If you can't repay in time, you will be in trouble even if you buy a car.

Extended data:

Matters needing attention in buying a car with a loan:

1. Car buyers must be at least 18 years old and be China citizens with full civil capacity.

2. Car buyers must have a relatively stable job, a relatively stable economic income or assets that are easy to realize, in order to repay the loan principal and interest on schedule.

3. Provide banks with bank-approved guarantees. If the personal account of the car buyer is not local, it should also provide joint liability guarantee, and the bank will not accept the mortgage set by the car buyer for the car purchased by the loan.

4. During the loan application period, it shall not be less than the down payment for car purchase stipulated by the bank.