With the development of Internet loans, many loan methods have become more and more simple, such as car loans. It used to be necessary to mortgage the car in a loan company, but now it is more convenient to choose mortgage than mortgage. However, there are still borrowers who are worried. Is this safe? What are the risks?
1, there are so many liars
Many people prefer this method because of the low threshold for handling mortgage cards without mortgage and the low risk of borrowers. As long as the swindlers claim that as long as they have a car, no mortgage, fast loan, high interest rate and short term, many people will be attracted to such products, and once they fall into their trap, it will be difficult to get out.
2. Loan contract
Since you have to sign a loan contract without picking up the car, you will be more cautious about some details, so you must carefully check the loan contract. Some loan companies deliberately make the contract obscure, so you must check whether there are unreasonable clauses, repeated charges and additional conditions in the contract to avoid unnecessary troubles in the later period.
3. Trailer
Although it seems safe not to take the car, the loan company will install GPS in the car. You have no idea where it is. Once the loan company plays tricks, it will drag the borrower's car away privately for reasons such as overdue repayment or non-performance of the contract, and then charge high liquidated damages and towing fees. To avoid this situation, we must choose a regular and reliable car loan company.
Step 4 collect the deposit
Some car loan companies will ask for a deposit for various reasons. Once the borrowing company temporarily changes its mind, the deposit will be put in. Many conventional loans embezzle the borrower's deposit in this way.
To sum up, you must go through formal channels when applying for car loans, and you must see each other's qualifications clearly, and don't be attracted by nameless small advertisements. Things that are too simple are always hidden dangers. Everyone should remember this.
Uncover the scam of not taking car loans: What are the scams of not taking car loans?
In short, there is no need to take a taxi, and the loan on that day is still very attractive to people who need money badly. However, some scammers used the same slogan to attract many customers, and as a result, they accidentally fell into the trap dug by scammers in advance. Let's reveal the scams that make you not want a car loan.
First, take advantage of the borrower's psychological demand for funds.
Automobile mortgage has the characteristics of fast loan, high interest rate and short term, which is suitable for people in need. Therefore, most borrowers who handle automobile mortgage are eager for funds, and criminals use this psychology to attract them with small advertisements and simple and convenient loans.
Second, the borrower did not read the contract carefully.
Few people read the loan contract carefully when signing the contract. There are so many terms that many people can't understand them, so they just flip through them and sign their names. Later trouble came, and there were unreasonable agreements, repeated charges and additional conditions in the contract. , will cause economic or other losses to the borrower.
Third, borrowers are easily confused by pseudo-professionalism and pseudo-formality.
Throughout the process, criminals are following the normal loan process: the two sides agreed to sign a contract to issue loans before the loan evaluation, which is very confusing and hidden. The borrower thought it was professional and formal, relaxed his vigilance and was cheated as a result.
Four, the borrower does not give a receipt to defraud the deposit.
Just like Mr. Liu, the borrowing company collects the deposit (cash), but does not give the receipt under various excuses. Once the borrowing company temporarily changes its mind, the deposit will be locked up. I won't even think about it then.
Verb (abbreviation of verb) irregular loan channel
Many deceived people, like Mr. Liu, were confused by the company's small advertisements, which led to being deceived. Therefore, ladies and gentlemen, loans should be made through formal channels as far as possible, depending on the qualifications of the other party and whether there is a business license.
6. Towing the vehicle in the name of breach of contract.
Business forms like the above are very popular in society. The borrowing company installed GPS in the car, then towed the borrower's car privately for reasons such as overdue repayment or non-performance of the contract, and then charged a high penalty and towing fee. If they don't return it, they will transfer or auction the vehicle, and more seriously, they will resell it directly, so that the borrower will suffer losses. @20 19
What are the risks of car mortgage without parking? How to avoid it?
As we all know, automobile mortgage is divided into parking and non-parking Either way, there will be certain risks. So, what are the risks of not stopping the car mortgage? How to avoid it?
What are the risks in automobile mortgage?
First of all, in the value evaluation, the depreciation rate will be much higher than the mortgage loan, and the car price will be much lower than the house price.
Secondly, the loan period, car mortgage can not handle long-term loans. Because the value of the car is not so fixed relative to the real estate, under normal circumstances, if the car is used as a mortgage loan, the term will not exceed 1 year, which is a short-term loan.
Finally, in the process of handling car mortgage, there will be certain expenses, such as evaluation fees and other expenses. In fact, the cost in automobile mortgage is not low.
Risk avoidance measures in automobile mortgage;
1, borrower. The first is credit risk. Car buyers are a mixed bag, which may be mixed with some people with moral hazard. Due to the subjective deadbeat psychology or when the car price falls below the loan amount that the car buyer needs to repay, the car buyer may make a rational breach of contract, which may put the loan at risk. The second is the ability to pay risks. Self-use car borrowers can't repay on time due to the decrease of family income, commercial vehicle borrowers can't repay on time due to the risk of the whole transportation market and industry policies, and the expected income is reduced or even completely lost, or borrowers can't settle the other party's freight in time due to poor management.
2. dealers. The first is the risk of automobile quality. Because dealers don't buy cars through proper channels, but sell cars with quality problems to borrowers, quality affects the recovery of loans. The second is the approval risk of the maximum loan guarantee amount. Most of the automobile mortgage issued by rural credit cooperatives are guaranteed by dealers. Because the maximum loan guarantee limit is too large, which exceeds the guarantee ability of dealers, it causes invisible risks to credit funds.
3. Insurance companies. First, insurance companies use borrowers' vague understanding of insurance clauses and omissions in the loan operation of credit cooperatives to find opportunities to exempt or reduce insurance liabilities when insurance liabilities occur; Second, some insurance company salesmen take unfair competition means, violate the insurance clauses and shorten the insurance period privately, which leads to the invalidation of insurance and exemption from liability.
4. Operation of lending institutions. First, the pre-loan survey is not true. Due to the shortage of credit personnel, the pre-loan investigation is a mere formality, and the income certificate and asset certificate provided by the borrower are seriously distorted, which has buried hidden risks. Second, post-loan management is not in place, or there is no post-loan management at all. Whether the borrower really used the loan for purchase after the loan was issued did not confirm the engine number and frame number of the purchased vehicle in time.
Is it safe to mortgage a car loan instead of a car loan? The loan routine of charging the certificate but not the car
Automobile mortgage refers to the borrower applying for a loan from a lending institution with his own car or someone else's car as collateral. At present, there are two ways of car mortgage: charging the car without charging the car and charging the car without charging the card. If you don't mortgage the car, mortgage the green copy of the car to the lending institution. The owner still has the right to use, but will install a GPS device on the vehicle.
Car-free mortgage is also one of the mainstream ways of car loan at present. If you go to a formal lending institution, it is still safer. For example, car owners can go directly to the bank for mortgage loan business without mortgage, so that they can get loan funds and have the right to use the car during the repayment period, and the risk of bank loans is small. However, the bank's audit will be stricter, the threshold will be higher, and the requirements for personal credit will be stricter. Therefore, before taking out a loan, the car owner should first know whether he meets the loan conditions and how much his car can borrow, and then decide whether to apply for a mortgage loan.
Although it is also one of the mainstream loan methods, there are also many routines. After all, the market is mixed, and it is inevitable that some people will take the opportunity to "exploit the loopholes". For example, many informal loan companies may use low interest rates as a publicity stunt to attract people to apply for loans in the past, and then charge high fees after the loans are completed. Or directly deduct all the interest at the time of loan, so that the amount actually obtained by the owner will be reduced, and even if the loan is paid off in advance in the later period, the deducted interest will not be refunded.
At the same time, there will be bundled sales, that is, when the owner handles the loan business, the salesperson will force the owner to buy the auto insurance products of the insurance company he cooperates with, otherwise the loan will not be granted.
In short, when handling the loan business, everyone must choose to go to a formal lending institution to know the situation of the loan company in advance, so as not to let people take the opportunity to "exploit the loopholes" and cause their own losses.
Is it safe to mortgage a car loan instead of a car loan?
Whether it is safe to take a loan without a car depends on the institution applying for a loan. If you apply for a mortgage loan from a bank or an auto financing company, it is very safe, because both are formal financial institutions. And some informal private lending institutions, because of deliberately promoting the low threshold of loans, often fool lenders when signing contracts and charging interest, which is easy to fall into the loan trap. I suggest you try to choose formal lending institutions, such as banks, auto financing companies and licensed consumer finance companies. The loan process of such financial institutions is more formal and the risk will be lower. More information is the car loan mortgage safe? Go to: See more.
This is the end of the introduction about the risk of car loan without parking space and car loan without parking space. I wonder if you have found the information you need?