Bank loans overdue will generate penalty interest. If the user is overdue for special reasons, such as sudden unemployment, sudden serious illness or disability, the bank can reduce the penalty interest after verification.

The overdue time of car loan is not clearly defined, depending on the contract signed by the bank. However, if it is overdue for more than three months, the car will be seized, and then it will be auctioned, and personal credit information will also be affected.

1, the bank will send people to keep urging loans, and will bear high penalty interest.

2. If the bank sues, it is likely to apply to the court for the preservation of personal assets, such as real estate, cars, deposits, stocks, etc.

3. If the assets are cleared and the loan principal and loan reminder fees cannot be returned, the bank can apply for salary income (basic living expenses will be deducted). The repayment of the car after loans overdue will be recorded in the credit record. Your one-week overdue payment has no effect on loan and credit card processing.

If the personal car loans overdue does not exceed 3 times or the overdue days do not exceed 90 days, this will not affect the personal credit card. If it is overdue regularly, it will affect your personal credit record.

When the bank approves the loan, it will access your personal credit record. Therefore, it will have a negative impact on your subsequent loans. In addition, if there are many overdue periods, the bank may even refuse to provide you with a loan. It doesn't matter if the car loan is overdue for 3 days. If it is overdue for 7 days, you must communicate with the bank by telephone to explain the situation. Not maliciously overdue, there will be no serious consequences. Generally speaking, after 90 days overdue, you will go to the bank for a meeting to collect information.

If the overdue car loan is towed away unfortunately, you can choose to call the police for mediation, or file a civil lawsuit with the court where the other company is located, demanding the return of the original. As for the towing fee and additional loan, if there is no agreement in the contract, it is not necessary to pay, and the other party may be required to bear personal losses during the towing fee.

If it is a car financing loan, the car has been towed away. In addition to timely repayment, you also need to pay a certain towing fee. It is recommended to return it as soon as possible, so as not to affect personal credit records.

Generally speaking, only people with very bad overdue behavior can be dragged away by lending institutions. If both parties have specified how long the loan is overdue when signing the loan contract, the financial institution will tow the car according to the contract. If there is no agreement in the loan contract that the overdue trailer will be towed away, it depends on the actual situation. There are usually three factors that will affect the trailer speed.

1, repayment attitude

If the borrower has been communicating with the collection staff after the deadline and has a positive repayment attitude, it will not be easily towed away. Therefore, communication after the deadline is very important, so don't refuse to answer the phone.

2. Past records

If the borrower has a good repayment record in the past and can repay the loan in full and on time in each installment, this overdue is only an example, then the financial institution will not easily tow the car away.

3. Repayment ability

If the debtor has good repayment ability, and the overdue is only due to special reasons, then the financial institution will also give the debtor a certain buffer time and will not easily tow the car away.

To sum up, how long the car loan will be delayed depends on the specific situation. Generally speaking, only those who have bad overdue behavior and long-term arrears can be dragged away by financial institutions.

In addition, a GPS locator will be installed on the car. Some people say that if I remove the locator on it, the bank will not find me. In fact, this is just fooling yourself, because now is the era of big data. If you want to find a car, it's easy to find you as long as your license plate number remains the same. In addition, the location of the locator installed in the car makes you hard to prevent. Many people use this instrument for testing, but few people clean it. Therefore, I suggest you don't have to reinvent the wheel. 30 days is expected to be short, so it is recommended to negotiate with the bank.