1. If the borrower fails to repay the loan at first, the lending institution will make a dunning. If the payment is unsuccessful, the location of the borrower will be searched through the GPS positioning system. Then find the vehicle according to the search clues, ask the towing company to tow the vehicle away, and then detain the vehicle until the owner returns the arrears, and the vehicle can be returned to its original owner. If the owner delays repayment, the lending institution will sell the vehicle to compensate for the loss. 2. Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal given by the bank to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers.