1. Is BYD auto finance reliable?
BYD Auto Finance was jointly established by BYD Co., Ltd. and Xi 'an Bank, with the dual background of listed companies and commercial banks. The registered capital of the company is 65.438+0.5 billion yuan, which is the first auto financing company in northwest China. Its main loan products include electric future discount loans, three-series car discount loans, SUV discount loans and standard loans. Advantages of BYD auto finance: it has the operating system of listed companies and the financial service level of commercial banks; It has the characteristics of low application threshold, short loan review process and fast payment; Calculate interest with a fixed interest rate, so that everyone can lock in the loan cost in advance; Both fuel vehicles and electric vehicles can get loans, and the minimum down payment is only 15%. Because BYD Auto Finance was established with the approval of China Banking Regulatory Commission and is subject to strict supervision and management, all personal information of the borrower is strictly confidential and will not be disclosed. In addition, it is impossible for BYD Auto Finance Company to make improper collection.
Second, the application method of discount loans
1, voluntary application. Eligible applicants submit written applications (some of which can be directly submitted to the local human resources and social security departments or microfinance guarantee institutions) to the grassroots employment platform where their household registration is located or where they operate, and submit relevant materials, certificates or relevant certificates.
2. Review and recommend. The human resources and social security departments conduct qualification examination, and those who pass the examination are recommended to microfinance guarantee institutions. A guarantee institution refers to a guarantee institution entrusted to operate a small loan guarantee fund according to relevant regulations.
3. Promise. The guarantee institution shall review the applicant's projects in accordance with the relevant provisions, and handle the guarantee procedures for those who meet the conditions.
4. Issue loans. The loan applicant promised by the guarantee institution shall, after being examined and approved by the handling bank in accordance with relevant regulations, sign a contract and issue loans. The handling bank refers to all kinds of financial institutions at all levels that sign cooperation agreements with microfinance guarantee institutions to carry out microfinance business.
BYD Auto Finance is quite reliable, so you can apply with confidence. However, before applying for a loan, you must choose a loan scheme according to your income and consumption habits, and you must not blindly borrow money to avoid affecting your normal life.