Usually, it is more reliable to borrow money through a formal large guarantee company. However, borrowers need to pay attention to the following issues:

1. When looking for a guarantee company, you must find a formal large-scale guarantee company to guarantee, and the procedures of the guarantee company should be complete;

2. Looking for a loan from a guarantee company does not completely guarantee that the borrower will get the loan. The role of the guarantee company is only to guarantee the borrower. If the borrower's credit conditions are too poor, it is difficult to apply for a loan;

3. The cost of loans through guarantee companies will be higher than the cost of direct loans through banks;

4. Find a loan from a guarantee company. Some guarantee companies may require the borrower to pay a deposit. After the loan expires, the borrower should not forget to ask for his own deposit;

Buying a car with a secured loan can be summarized as the following process: 1. Book a car. Pay a down payment. The bank handles the loan procedures. Issue loans. Pick up the car Repayment.

Therefore, consumers should pay attention to whether the above procedures are met when buying a car. In addition, when they buy a car, they try to choose a regular dealer and a regular bank loan, and don't be greedy and cheap.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.