The basic conditions for buying a car with a loan mainly include the following:

1, aged above 18 (inclusive), is a natural person with full capacity for civil conduct.

2, a stable and legitimate source of economic income, with the ability to repay the loan principal and interest on schedule.

3. Personal credit is good, and there are no bad records or serious negative information in the credit report (banks and auto consumption finance companies will mainly inquire about the credit information of customers in the past two years).

4. There is a certain amount of self-owned funds to pay the down payment of the car (not the funds from loans, nor the funds paid by credit cards), and the down payment ratio is generally around 20% or 30% of the total car price, usually not less than 20%.

If the customer's credit is average, it is suggested to find another person with good credit to guarantee his loan, which can provide appropriate help and improve the chances of loan approval.

People with poor credit information may not be able to get a car loan in a short time. Customers are advised to buy in full or postpone the purchase, and take the time to improve their credit first.

Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal given by the bank to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers.

Type of automobile loan

Personal loan car purchase business is divided into direct customers, indirect customers and credit card car loans. The direct customer type is generally a bank car loan for customers to meet directly, and the indirect customer type is generally a car loan from an auto finance company to a customer car loan.

The fees charged by banks for direct car loans include deposit, principal and interest, and 3% guarantee fee. And the bank's premium customer fees will be discounted, but the preferential policies of each bank are different.

In addition to the above fees, personal auto financing companies also need to bear supervision fees, fleet management fees and warranty renewal deposits.

And credit cards, car loans. Credit card installment car loan only provides installment payment for bank credit card users, not all conditions can be handled, and there is an audit procedure, which is difficult for credit card users with bad credit records.

The specific steps of buying a car by credit card in installments are roughly as follows:

1. The cardholder (or applicant) calls the bank's credit card center or goes to the local bank to find out whether he can apply for a credit card car loan.

2. The cardholder holds his ID card to the dealer's site to fill in the installment order for car purchase and submit it to the bank for review.

3. After the order is approved, the cardholder pays the down payment and goes through the normal car purchase procedures.

4. After the vehicle is licensed, the cardholder needs to go to the bank to go through the mortgage formalities and purchase the required auto insurance.

5. I can finally drive away smoothly.

loan limit

The maximum loan amount generally does not exceed 80% of the price of the purchased car.

Letter of credit clause

1, with valid identification and full capacity for civil conduct;

2. Can provide a fixed and detailed address certificate;

3. Have a stable occupation and the ability to repay the loan principal and interest on schedule;

4. Personal social credit is good;

5. Holding a car purchase contract or agreement approved by the lender;

6. Other conditions stipulated by the Cooperation Organization.

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.

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Baidu encyclopedia-loan to buy a car

Why don't you meet the loan conditions and have no debt? Find the reasons from these aspects.

; ? Although there are many loan platforms now, as long as it is a formal loan, there is no threshold for borrowing, and there are more requirements for borrowers. Personal debt is also one of the important reference factors. Some borrowers have no debt, can't borrow money and are told that they don't meet the requirements. Then, why don't you meet the loan conditions and not be in debt? Let's briefly introduce it today.

Why don't you meet the loan conditions and have no debt?

As mentioned earlier, the conditions of the loan platform are not only liabilities, but also the personal credit of the borrower. The basic requirements of the platform are very important. Therefore, you can't borrow money lightly without debt, but also meet the basic loan requirements through personal credit. Here, we will analyze it from two aspects.

1, personal credit

Nowadays, many loan platforms are connected to the credit information system in order to move closer to compliance, which is supervised by the credit information center. The platform accessing the credit information will check the credit information on the credit information, which will definitely require the borrower's personal credit. Under normal circumstances, borrowers are required to have good credit information, but as long as it is not a black account of credit information and it is overdue at present, it is acceptable to have a slight credit information.

2. Platform requirements

One is the age limit, most of which require 20-55 years old, too young to be too old; One is identity restriction, that is, you cannot be a student; One is the income requirement. For example, many bank loans have clear benefits, even if they are low. It also depends on the occupation. Some occupations are unstable and highly mobile, such as insurance practitioners and restaurant waiters, and it is difficult to get loans.

The above is the relevant introduction of "Why not meet the conditions of debt-free loans". In short, no debt may not meet the loan conditions. You can find the reasons from the above two aspects according to your own situation.

Have you ever been more than 90 days overdue? These requirements also need to be met.

; ? With the continuous expansion of urban territory, many people will choose to buy a car for the convenience of going to work, but for most people, the pressure of buying a car in full is too great, and it is more convenient to borrow money to buy a car. However, the loan to buy a car also needs to meet certain requirements. Have you ever had a loan to buy a car overdue for more than 90 days? This also needs to be judged in combination with other situations.

Have you ever been more than 90 days overdue?

If you want to borrow money to buy a car, the credit reporting requirement of the lending institution for the loan applicant is that the accumulated overdue times in the past two years should not exceed 6 times and the overdue time should not exceed 90 days. If it is not overdue for more than 90 days, but the cumulative number of overdue times exceeds 6 times, it is also regarded as a black account for credit investigation, and the car loan application will be rejected every second.

Credit information meets the requirements of lending institutions and is a prerequisite for applying for car loans. In addition, the lending institution will also review other personal information of the applicant, such as age, repayment ability, debt ratio and so on.

To successfully apply for a car loan, the loan applicant must be 18 years old and have full capacity for civil conduct; If you get married, you need to provide your ID card, household registration certificate and marriage certificate.

Applicants need to have a stable job or income source, have the ability to repay the principal and interest, and the debt ratio should not be too high. If they have no job, or their jobs are very unstable, and they are engaged in high-risk industries, it is difficult to pass the audit. In this case, the applicant is advised to provide proof of assets to show his repayment ability.

Secondly, the applicant also needs to provide a car purchase agreement or a car purchase contract to prove that the loan is really used to buy a car. Some lending institutions may have other requirements, which must be met one by one in order to successfully lend.

Don't you have a loan to buy a car for more than 90 days? It depends on the qualifications of the loan applicant and the requirements of the lending institution. It doesn't mean that a good credit can make a loan successful.