As far as banks are concerned, as long as they have not signed a loan contract or the like, no lender can ask for cancellation and termination of loan processing, which has little impact. In the case of a 4s shop, it is necessary to pay attention to whether a purchase agreement has been signed and whether a deposit has been paid. These are all issues related to your own interests, and you need to pay attention to whether there are any disadvantages in them.
You can also call the corresponding bank to get the most accurate answer.
Extended data:
Buying a car by mortgage means that the borrower who applies for buying a car pays part of the down payment first, and the lender issues loans to the buyer in installments for the rest.
Preparation materials for loan application:
1, the original ID card, residence booklet or other valid proof of residence, and provide its copy;
2. Proof of occupation and economic income;
3 car purchase agreement, contract or letter of intent signed with the dealer;
4. Other documents required by the Cooperation Organization.
After you have provided these procedures for buying a car by mortgage, you need to meet some other conditions before you can apply for buying a car:
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.
In order to increase the sales of cars, the government and financial institutions jointly launched the business of personal loans to buy cars. At present, there are two main ways to buy a car with personal loans in the market finance industry:
1, real estate mortgage loan to buy a car (using real estate as collateral). Generally, a car can be mortgaged for up to 5 years with a down payment of more than 30%. The interest rate is mainly determined according to your loan type and your personal qualifications.
2, personal credit loans to buy a car (unsecured and unsecured, generally require you to have good credit and stable work income), this form of loan to buy a car can generally be borrowed for 5 years, with a down payment of more than 30%.