1. What's the general interest on car loans?
At present, car loan interest is affected by many factors, which are related to the borrower's personal credit, loan platform and loan term. When handling any loan, the better the borrower's comprehensive credit, the lower the loan interest, and handling car loans is no exception. Therefore, the borrower's personal credit has a great influence on the interest of car loan. Generally speaking, car loan interest has a lot to do with the loan platform. The loan interest of commercial banks is much lower than that of auto consumer finance companies and auto staging platforms. In commercial banks, the interest on auto loans is generally determined with reference to the central bank, and the fluctuation does not exceed 30%. At present, the loan interest rate is 4.75% for one to five years (including five years) and 4.35% for less than one year (including one year). Therefore, when handling car loans in commercial banks, the longer the loan term, the higher the loan interest rate. In some car staging platforms, due to the promotion activities of the platform, the interest of different loan terms is different, but it is not very regular, depending on the situation.
2. How soon will loans overdue return the car?
Nowadays, more and more people borrow money to buy cars, and they can buy ideal cars at a little money. But there are many things to pay attention to when buying a car with a loan. One of them is that the car loan must be repaid on time, and the consequences of overdue repayment are still quite serious, such as being forced to collect the car. If the user still fails to repay after repeated reminders from the staff, the bank will deal with it seriously at this time. Generally, a car will be towed away by the loan company after 7 days overdue, and some loan companies will tow it away after the owner is overdue 10 days. Car owners need to check the car purchase contract and loan contract. Subject to the terms in the contract, the number of days marked in the contract is only days.
Finally, the law also supports against violent towing, but if this behavior is not returned for a long time, it may be prosecuted by the court, and the vehicle will be towed after the court decides. Therefore, it is best for car owners to avoid overdue repayment, otherwise it will cause unnecessary trouble to themselves.