The car loan money can only be used to buy a car, not for other consumption. If you only take money without taking a car, you are suspected of fraud. The standard for filing a car loan fraud case is that the public security organ determines the nature of the case according to the circumstances. Those who meet the conditions for filing a criminal case shall be placed on file for investigation and evidence collection, and their criminal responsibility shall be investigated, and the recovered illicit money shall be returned to the victim.

In order to defraud the loan, some people beat a car with "three surnames of domestic slaves", that is, after the vehicle was mortgaged, it was mortgaged twice or even three times. In order to get more loans, loan fraudsters eventually disappeared after being mortgaged by many loan companies. Even if it is finally found, these loan companies are busy competing for this car, but there are still many ways to cheat loans only by taking money. People in the car loan industry should be strictly examined before lending, closely tracked during lending, monitored in real time after lending, and firmly grasp every link.

According to the provisions of Article 266 of the Criminal Law, the crime of fraud defrauds public or private property:

(1) If the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined;

(2) If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined;

(3) If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated.

: 1. What is a car loan?

Car loan refers to the loan issued by the lender to the borrower who applies for car purchase. Automobile consumption loan is a new type of loan guaranteed by RMB, which is issued by banks to car buyers who buy cars at special dealers.

The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal paid by the bank to consumers, that is, borrowers, for buying their own cars (non-profit family cars or commercial vehicles). More than 7 seats (inclusive). The higher the interest rate, the greater the repayment amount of consumers.

The loan period for automobile consumption is generally 1-3 years, and the longest is 5 years. Among them, the term of second-hand car loan (including extension) shall not exceed 3 years, and the term of dealer car loan shall not exceed 1 year.