Car loans also need to be checked for credit information, and sometimes it is impossible to buy a car in installments. Buying a car by stages depends on your personal debt. If the debt exceeds 50% of the car price, no loan is allowed. In addition, even if the car is green and the credit information is too poor, it may not pass.

Some people say credit cards, but can car loans be approved if they are not overdue? Credit investigation here refers to that personal credit records are inquired too many times, and there are two kinds of credit investigation records. One is that banks apply for personal credit information, which will not affect personal credit information; The other is that lending institutions inquire about personal credit records, and there will be an inquiry record once they apply. If there are too many inquiry records, it may indicate that the lender is under too much repayment pressure, and the approval may not be passed at this time.

Some also want their sons to apply for car loans. In fact, the vehicle can't be owned by the son, but parents can borrow money to buy a car if they meet the conditions, and the son can drive with a driver's license.

It is also possible for couples to borrow money to buy a car separately, but they need to provide information such as their spouse's ID card and check their spouse's credit history when approving. If they have too much debt, they will not be approved.

Some car owners have bad credit information, which usually takes several months, and some require that the number of credit information inquiries should not exceed three months in the past three months, so it is enough to make credit information inquiries for more than three months, but some financial institutions have higher requirements, which may take six months or even two years until the old credit information records are completely covered.

This paper introduces the personal credit inquiry method of mobile phone.

1, search by mobile phone and log in to "Credit Information Center of China People's Bank", or you can directly click to jump to official website, the personal credit information center for inquiry.

2. After logging in successfully, click the novice navigation bar on the left and select one of three verification methods. You can use UnionPay card to verify and submit the verification code.

3. Then find the "Personal Credit Report" on the home page and enter the corresponding information for inquiry.

Be careful, don't check the credit information frequently, or you will spend it, which will lead to the failure of loan review.

Do I need to read the credit report to buy a car loan?

Need to check credit.

The main purpose of checking credit information is to check whether the personal reputation is good. The bank will decide whether to apply for a loan to buy a car for you according to the credit history and credit report in the past two years.

Under normal circumstances, the borrower can basically get a car loan if it is overdue for no more than 6 times in two years and no more than 90 days in a row. However, the bank will specifically check the overdue amount every time to determine whether the borrower is maliciously in arrears. If it is a malicious breach of contract, the bank will not lend money.

Information to be checked when handling car loans

One is basic information: in addition to the borrower's name, age, education and other basic information, you can also see the work information in the last two years, which can judge the stability of the borrower. In addition, married people will also show their spouses' names and contact information.

One is credit records: including loan records and credit card records.

1. Loan record. The borrower's past loans will be recorded. Whether it has been settled or not, lending institutions will focus on the number of lending institutions to see if they borrow from multiple sources; There is also the total loan amount, inferring the debt ratio; Then there are loan types, such as mortgage loans or consumer loans; And the repayment status, whether it is overdue or settled.

2. Credit card records. As long as the credit card is released successfully, it will be displayed. Whether in use, out of service or cancellation, it also depends on the number of cards issued, credit line, used line and monthly repayment line. And then combine income and loan records to infer repayment ability.

One is the * * * public record: in addition to the social security payment record, there are also some social bad behaviors, which will be displayed in this respect in the future, such as arrears of water, electricity and gas, and drunk driving. At present, you can see the implementation and tax arrears records of enterprises. Car loans with such records are easy to be rejected because it is a serious bad social behavior.

One is the inquiry record: the inquiry record will show the credit records of various reasons in the past two years, such as loan approval, credit card approval, guarantee qualification examination, self-inspection credit, post-loan management, etc. The first three types of records are collectively referred to as hard query records, which are directly linked to credit investigation. Too many times in a short period of time will waste credit information, which is not conducive to the approval of car loans.

Is it necessary to check the credit information for buying a car loan?

If a bank or financial institution loans by installments, the lender needs to check the borrower's credit status to determine the borrower's repayment ability.

According to Article 18 of the Interim Measures for the Administration of Personal Loans, the loan review shall comprehensively review the legality, rationality and accuracy of the loan survey, focusing on the due diligence of the investigator and the borrower's repayment ability, integrity, guarantee, mortgage (pledge) ratio and risk degree.

Extended data:

Interim Measures for the Administration of Personal Loans Article 41 Where a lender handles personal loan business in violation of these measures, the China Banking Regulatory Commission shall order it to make corrections within a time limit. Under any of the following circumstances, the China Banking Regulatory Commission may take the regulatory measures stipulated in Article 37 of the Banking Supervision Law of the People's Republic of China:

(1) Failing to investigate and review the loan due diligence;

(2) Failing to establish and implement the system of loan interview and loan contract face-to-face signing as required;

(3) The terms of the loan contract have not been publicized;

(four) in violation of the provisions of article twenty-seventh;

(five) payment management does not meet the requirements of these measures.