Car loan is an installment loan provided by the bank as the guarantor and borrower of car purchase, with a short term of 1 to 3 years. Mortgage is the guarantor for the bank to provide you with installment loans to buy a house. The number of installments is relatively long, which can exceed 10 years. Both of the above loan methods need certain conditions, such as a stable source of income and salary bills, as well as the ability to repay loans. When you borrow money, the staff will evaluate whether you have the ability to borrow money. If you have the ability, the bank will lend you money as a guarantor to buy a car and house. Credit loan means that you can borrow money without guarantee by virtue of your own credit.