2. The lender has stable working income and corresponding economic ability, and can undertake monthly car loan;
3. The lender's personal credit information is good;
4. The lender has a fixed local address;
The lender has no other large debts except car loan.
The above is the relevant content of what conditions an auto financing company needs for loan.
Advantages of bank car loan
1, low loan interest: this is also the biggest advantage of handling in the bank. The bank's interest basically fluctuates on the basis of the central bank's benchmark interest rate. Under normal circumstances, the interest rate is much lower than that of ordinary car loan companies, and you can enjoy the discount of dealers when you apply for car loans in banks;
2. High loan amount: Compared with auto financing companies, you can get a fairly high loan amount by handling auto loans in banks. The bank's car loan can reach up to 70% of the vehicle value. The specific loan amount still depends on the borrower's personal qualifications;
3. Long loan term: According to the requirements, the borrower can enjoy a loan term of up to 5 years in the bank and 3 years in the credit card. This can reduce the repayment pressure of borrowers.
This article is mainly about the knowledge points about what conditions auto financing companies need for loans, and the content is for reference only.