1. overdue processing time of mortgaged vehicles:
-There is no fixed standard for processing time, but it depends on the loan agreement and the agreement between the borrower and the lender.
-Under normal circumstances, after the overdue repayment of the car loan, the creditor will regard it as overdue repayment from the credit record and will take corresponding legal procedures to deal with it.
2. The overdue handling method of the mortgaged car:
-communicate with creditors in advance: when the borrower realizes that he can't repay the loan on time, he should contact the creditors as soon as possible to explain his situation and seek a reasonable solution.
-Delaying repayment or adjusting repayment plan: According to the actual situation, creditors may agree to delay repayment or adjust repayment plan to help borrowers tide over the difficulties.
-Auction or sale of vehicles: If the borrower fails to repay the loan, the creditor has the right to recover the arrears by auction or sale of mortgaged vehicles.
3. Summary:
-There is no fixed time to deal with overdue mortgaged vehicles, depending on the loan agreement and the agreement between the two parties.
-The borrower should contact the creditor in time and try to find solutions, such as delaying repayment or adjusting repayment plan.
-If the loan cannot be repaid, the creditor has the right to recover the debt by auction or sale of the mortgaged car.
4. Extended information:
-In some cases, the borrower may have to pay overdue interest or other extra fees.
-Creditors must abide by relevant laws and regulations when dealing with overdue vehicles to protect the rights and interests of borrowers.
-Borrowers can consult professional institutions or lawyers for more detailed legal advice and solutions.