To be honest, the first time I saw the term "car loan", I was immediately confused. I had no idea when a new type of loan appeared. I later learned that, in fact, This is just another name for a common loan. Seriously, do you know what a car loan is? It doesn’t matter if you don’t know, let me give you a brief introduction now.

The so-called car loan means that the borrower pledges the car to the loan company. After the loan is settled, the loan company will repay the car to you. To be more straightforward, a car loan is what we often call a car mortgage loan. To put it more formally, it is a car pledge loan. Do you understand now?

When applying for a car loan, the borrower must provide his ID card, motor vehicle registration certificate, driving license and other credit certificates, and don't forget to hand over the car to the loan company. Although we have now figured out the car loan, we still have to sigh: the language skills of the broad masses of the people are really powerful!

Finally, I want to say one more thing: car loan loans can generally only be obtained from non-bank financial institutions. Banks do not accept this loan because the car wears out a lot, depreciates quickly, and it is relatively troublesome to handle. .