1. After the car loan is paid off, you should call the bank to confirm that the loan has been paid off, and make an appointment to go to the bank to retrieve relevant information and apply for the car loan settlement certificate.
2. It is very important to cancel the mortgage registration at the DMV. Mortgage registration is to prevent you from buying and selling vehicles during the loan process, so your car will be marked as a mortgage car in the system of the vehicle management office. Only after we cancel the mortgage registration can we buy or sell the vehicle. Then we can get the big green book back.
3. Change the name of the insurance and change the beneficiary of the insurance to yourself. After we change the beneficiary to ourselves, in case of any accident in the future, the compensation amount can only be paid to our account.
4. Remove the GPS locator. Before taking out a loan to buy a car, the bank will install GPS in your car. Only by tearing it down can you guarantee your privacy.
What are the procedures and processes for car loan repayment? The procedures to be handled after the car loan repayment are as follows:
1. After the car loan is settled, the standard will provide relevant materials for the car loan, including purchase tax invoices and repayment vouchers;
2. Go to the lending institution to settle the car loan;
3. After the car loan procedures are settled, go to the vehicle management office to get the motor vehicle registration certificate with relevant procedures.
What materials do you need to prepare for car loan?
The materials needed for car loan are:
1, personal loan application;
2. Valid identification of individuals and spouses;
3, I and my spouse's occupation, position and income certificate;
4. Marriage certificate and household registration book;
5. Original ID card, residence booklet or other valid residence certificate, and provide a copy.
Legal basis: Article 68 1 of the Civil Code of People's Republic of China (PRC).
A surety contract is a contract in which the surety and the creditor agree that the surety will perform the debt or assume the responsibility when the debtor fails to perform the due debt or the circumstances agreed by the parties occur.
Article 682
The guarantee contract is a subsidiary contract of the principal creditor's rights and debts contract. If the principal creditor's rights and debts contract is invalid, the guarantee contract is invalid, unless otherwise stipulated by law.
If the debtor, guarantor and creditor are at fault after the guaranty contract is confirmed to be invalid, they shall bear corresponding civil liabilities according to their faults.
What procedures do you need to go through after the 4s shop car loan is paid off? How long will it take to get the green paper back? What procedures do I need to go through after paying off the car loan?
Nowadays, many people choose car loans when buying a car in a 4s shop, which can reduce the pressure of one-time full payment and enjoy the convenience brought by the vehicle in advance. After handling the car loan, they need to repay in full and on time every month according to the regulations of the bank. What procedures do they need to go through after full repayment?
1. First of all, you need to go to the bank to settle the loan, bring your ID card, car purchase contract and loan contract to the loan bank to settle the loan fee, which means that you have paid off all the loans, and you will get the car loan settlement certificate after the formalities.
2. Go to the local vehicle management office to release the car. The required materials include the identity certificate and copy of the motor vehicle owner, the mortgagor's ID card and the mortgagor's power of attorney. If handled by an agent, the agent's ID card, motor vehicle registration certificate and Application Form for Motor Vehicle Mortgage Registration and Pledge Filing shall be provided. Bring the above information to the local vehicle management office and the staff will help you complete it.
When you get the bank settlement certificate and go through the formalities of vehicle release, it means that the vehicle belongs to you completely and the vehicle has really returned to its own name.
How long will it take to get the green paper?
The green paper we are talking about is the motor vehicle registration certificate. Every car will correspond to a green paper, which is equivalent to a vehicle ID card. We applied for a car loan, and the green paper needs to be put in the vehicle management office. After the loan is settled, we need to go to the vehicle management office to understand the charging procedures and get the green paper on the same day.
The car registration certificate is kept by the owner and does not need to be carried with him. If you want to specialize in books and transfer ownership later, you need to use a car registration certificate. When buying and selling vehicles, we will check whether the owner's ID card information is consistent with the documents used in the motor vehicle registration certificate, and whether the dates are consistent, so as to confirm whether the vehicles under his name are original; You can also see the vehicle information on the motor vehicle registration certificate, whether it is domestic or imported.
If the motor vehicle registration certificate is accidentally lost or damaged, it can be reissued or renewed at the local vehicle management office. If the owner of a motor vehicle is unable to make a replacement due to force majeure such as death or serious illness, he may entrust others to do so.
What procedures do I need to go through after I pay off my car loan? After the car is repaid, the procedure is as follows:
1. Retrieve the vehicle registration certificate:
After automobile mortgage pays off, he must first go to the bank to retrieve the motor vehicle registration certificate and ask for the loan settlement certificate.
2. Cancellation of automobile mortgage registration:
Get the motor vehicle registration certificate and loan settlement certificate to cancel the car mortgage registration at the vehicle management office.
3. Change the first beneficiary of auto insurance:
After all the car loans are settled, don't forget to change the first beneficiary of insurance to yourself.
Validation of laws and regulations: June 2024 17