; ? In modern society, the pace of people's life is getting faster and faster, and time is very important for contemporary migrant workers. Having a car can save a lot of daily commuting time, and it is also very helpful to the owner's life. How can I get a loan to buy a car with bad credit? These methods may be an attempt!

How can I get a loan to buy a car with bad credit?

1. Apply for mortgage loan

If the borrower's personal credit information is not very good and does not meet the conditions for bank loans to buy a car, then you can directly apply for a mortgage loan to buy a car. First use other expensive items as collateral, and then use the mortgaged loan funds to buy a car. Generally speaking, the credit line of mortgage loan has a great relationship with collateral.

2. Add personal financial certificate

If the borrower is refused a loan by the bank, he can try to submit more adequate proof of property to the bank. For example, bank deposits and asset certificates of securities companies can prove their repayment ability, thus gaining the trust of banks and successfully handling car loans.

Step 3 Apply for a secured loan

If the borrower has nothing to pledge privately and does not have sufficient financial proof, he can also apply for a secured loan.

Find a person who meets the conditions of bank loans to guarantee themselves, or directly find some formal guarantee companies in the market to guarantee themselves. However, it should be noted that guarantee companies often require high guarantee fees when applying for car loans for borrowers.

If the borrower wants to apply for a car loan by himself, it is best not to apply for any more loans within six months or a year, not to mention having a bad record of overdue. After the data returns to normal, it will be smoother to apply for a car loan.

The above is the sharing of "How to borrow money to buy a car with bad credit", I hope it will help everyone!

How 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.

Baidu Encyclopedia-Zheng Xin

Baidu encyclopedia-loan to buy a car

How can I get a loan to buy a car with bad credit?

Need to apply for personal car loans, must also meet the following conditions:

1, a natural person who has reached the age of 18, has full capacity for civil conduct, holds valid identity documents meeting regulatory requirements and has a fixed detailed address;

2. People's Republic of China (PRC) citizens with permanent residence in China, or Hong Kong, Macao and Taiwan residents and foreigners who have lived in People's Republic of China (PRC) for more than 1 year (including 1 year) and have their own property in the place where the loan is applied;

3. Have a sustained and stable legal income or personal legal assets sufficient to repay the loan principal and interest, and have the ability and willingness to repay the loan principal and interest on schedule;

4. Personal credit status is good, and there is no bad credit record in BOC and its peers;

5. Being able to pay the down payment for car purchase in accordance with laws, regulations, regulatory provisions and prescribed limits;

6. Provide effective guarantee recognized by the lender;

7. The purpose of the loan is clear and legal, and it can provide a car purchase contract, agreement or letter of intent recognized by the lender;

8. You need to open a deposit account with BOC before handling the loan;

If entrusted payment is adopted, the borrower shall provide effective counterparty account information, etc. To meet the conditions of independent payment, you need to submit personal account information.

Please consult the local branch of Bank of China for details.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.