Guangfa Bank car loan application conditions: (1) The borrower must be over 18 years old and not over 60 years old, and the total age of the borrower and the loan term must not exceed 65 years; (2) The borrower must have The down payment certificate or a deposit of no less than the down payment of the car purchase in Guangfa Bank; (3) The borrower has a stable job and income, and has the ability to repay the loan on time; (4) A guarantee recognized by Guangfa Bank is required; (5) Meet other conditions stipulated by China Guangfa Bank.
Materials required for Guangfa Bank car loan: (1) Borrower’s ID card or household registration book; (2) Borrower’s proof of residence; (3) Borrower needs to provide bank statement details for the past three months (4) The borrower needs to provide a car purchase agreement or contract, a down payment certificate or a bank deposit certificate of no less than the down payment; (5) In the case of mortgage or pledge, a list of mortgages or pledges, Proof of ownership, proof of valuation, and proof that the entitled person agrees to mortgage or pledge; in the case of guarantee, documents indicating the guarantor’s agreement to guarantee and credit certification materials should be provided. (6) Other information required by China Guangfa Bank. Finally, borrowers need to remember to repay their loans on time to avoid affecting their personal credit records and thus their future mortgage loan applications.