If the car loan is overdue for more than 6 months, the bank will bring a lawsuit to the court and the court summons will be served on the borrower. On the day of the court session, regardless of whether the borrower appears in court, the court will freeze the collateral originally mortgaged by the borrower to the bank and then auction it. The proceeds from the collateral auction will be used for repayment. For long-term overdue behavior, lending institutions will classify loans overdue as malicious overdue and loans as "bad debts". At this time, the lending institution will take various ways such as door-to-door collection and company collection to collect the arrears, and even take the debtor to court.

Automobile loan processing flow:

1, select the vehicle type, then apply for a loan and provide personal information;

2. Report to the Bank, review with other banks, and sign a loan agreement after passing the examination;

3. The car dealer informs the applicant to pay the down payment and then raises the car license;

4. Handle mortgage registration and other procedures;

5. Bank loans, the applicant repays on time.

Legal basis: Article 557 of the Civil Code of People's Republic of China (PRC).

Creditor's rights and debts shall be terminated under any of the following circumstances:

(a) The debt has been fulfilled.

(2) The debts offset each other;

(3) The debtor deposits the subject matter according to law.

(4) Creditors are exempted from debts;

(5) Creditor's rights and debts are owned by one person;

(six) other circumstances stipulated by law or agreed by the parties to terminate.

If the contract is terminated, the rights and obligations of the contract shall be terminated accordingly.