Will you make a phone call before disbursing a car loan?

How long does it usually take to make a call back for a car loan? Pay attention to these matters

Owning a car and a house is the dream of many people. However, due to lack of financial ability, many people will first apply for a car loan to buy a car. The car dealer submits the lender's information to the bank. During the loan approval period, the bank will call you for a follow-up visit. So, how long does it usually take to call back for a car loan? Can I get a loan just by receiving a phone call? Let’s take a look below.

1. How long does it usually take to make a call back for a car loan? The bank will call for a follow-up visit within 7 days after receiving the information submitted by the lender, and within 3 days at the fastest. The specific call-back visit time varies. If affected by holidays, the call-back visit time may be postponed. Everyone just needs to wait patiently. The bank may call the borrower's mobile phone number or the company's landline number. If the submitted information involves company information, such as company unit, company phone number, etc., it is more likely to call the company landline for a follow-up visit. In order to avoid missing a call, it is best to say hello to the front desk.

2. Can I make a car loan payment after passing the phone call? Not necessarily. The phone call return visit by the car loan bank is only a preliminary review process, which can be regarded as a necessary work process before accepting the business. The purpose of the phone call return visit is for the bank to review and supplement the information submitted by the lender. After the return visit is passed, the bank will also conduct Final Judgment. After the final review is passed, the car dealer will notify the lender to handle the relevant car loan procedures. The lender needs to pay the down payment, fill out the vehicle acceptance handover form, and handle vehicle mortgage, notarization, insurance and other handling fees. The bank will then release the loan to the dealership. With a merchant account, the lender can take the car home and then pay the car loan back on time every month. The above is the relevant introduction of "How long does it usually take to call back for a car loan", I hope it will be helpful to everyone. Will Haoche e-loan call you to notify you?

Yes. Whether the loan is successful or not, the person responsible for your loan will be notified, and the disbursement will also be notified. If you are worried, you can ask the person in charge to notify you, or you can call or ask yourself.

Extended information: What is Haoche e-loan?

Haoche e-loan is affiliated to SAIC Group and specializes in providing 0-interest and low-interest car loans with down payment for car loan users. As low as RMB 25, you can borrow up to RMB 500,000, and you can earn whatever you want with your monthly payment. This platform was established in December 2014, and so far more than 300,000 people have used it to buy cars.

How about Haoche e-loan?

If you want to get a loan to buy SAIC’s Shanghai Volkswagen, Skoda, Roewe, and MG models, you can choose a car loan on this platform. Due to the group's advantages, Haoche e-dai often offers car loans with zero interest rates and low interest rates.

There are more than 100 other car brands on Haoche e-loan, such as Beijing Hyundai, Dongfeng Peugeot, FAW-Volkswagen, Dongfeng Honda, etc., and they also regularly launch fixed-rate interest rate campaigns. You can check it on its website. Will I be notified of the car loan?

When users apply for a car loan, they will leave their mobile phone numbers. After the loan is disbursed, the lending institution will send a text message to notify the user. If you do not receive a notification text message for a long time, you can call the lending institution directly to inquire about the progress of the loan and whether the loan has been completed. The time from application to disbursement of a car loan usually takes about one week, and users can know the disbursement result in about one week.

In addition, if the loan is successful, the 4S store staff may also call the user to inform the user that the loan has been successful.

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Refers to the loan issued by the lender to the borrower who applies to purchase a car. Car consumption loans are a new loan method that banks issue RMB-guaranteed loans to car buyers who purchase cars at their authorized dealers.

The interest rate of automobile consumer loans refers to the amount of loans issued by banks to consumers, that is, borrowers, for the purchase of personal cars (non-profit family cars or commercial vehicles with 7 seats or less) Ratio to principal. The higher the interest rate, the greater the repayment amount the consumer will have to pay.

According to the regulations of the Central Bank, car loans are subject to the benchmark loan interest rate, but each financial institution can float within a certain range above and below the benchmark interest rate.

The car loan period of major banks generally does not exceed 5 years. The interest rate of car loans directly determines the cost of people's loans, and thus becomes an important factor in deciding whether people take loans for consumption.

How to calculate the car loan interest rate

The formula for calculating the monthly car loan payment: A=P(1 i)[(1 i)^n-1]/n^2/i

A: Monthly payment

P: Total payment amount

i: Monthly interest rate (annual interest/12)

n : Total number of months of payment (year × 12)

Processing process

First of all, the borrower needs to prepare ID card, residence certificate, work certificate, loan purpose certificate and other supporting materials. Go to the bank once, fill out an application form, and fill out a contract.

Then, wait for the bank’s pre-loan qualification investigation and approval. If the borrower meets the loan conditions specified by the bank, the bank will notify the borrower to fill in some loan form materials. If the loan applied for by the borrower requires a mortgage or guarantee, it is also necessary to sign a guarantee contract, a mortgage contract, and go through mortgage registration procedures; if it is an unsecured loan, there is no need to sign such a contract.

Secondly, banks issue loans to lenders. Generally, banks will issue loans after approval within 2 to 3 weeks or 1 month, and the loan can be released as soon as 1 day.

Finally, the borrower will hand over the down payment to the car dealer and go through the procedures for picking up the car with the passbook and the car delivery note issued by the bank.

In the process of applying for a personal car consumer loan, the applicant needs a copy of the ID card, a copy of the household register, a copy of the marriage certificate, a proof of income, a bank statement, a copy of the real estate certificate and other procedures. When applying for a car loan, will the contact person be called for verification?

When applying for a car loan, the contact person will be called for verification.

About seven days after applying for a car loan, the person applying for the car loan will receive a return call from the financial institution. It should be noted that if the information submitted by the applicant is incomplete, the car loan application will not be successful, and naturally there will be no return call. Generally speaking, the return call can be answered within 3 days at the earliest. If affected by holidays, the time for the return call can be extended appropriately.

A car loan refers to a loan issued by a lender to a borrower who applies to purchase a car. Car consumption loans are a new loan method that banks issue RMB-guaranteed loans to car buyers who purchase cars at their authorized dealers.

The interest rate of automobile consumer loans refers to the amount of loans issued by banks to consumers, that is, borrowers, for the purchase of personal cars (non-profit family cars or commercial vehicles with 7 seats (inclusive) or less) Ratio to principal. The higher the interest rate, the greater the repayment amount the consumer will have to pay.

1. Types of car loans

Personal loan car purchase business is divided into three types: direct customer loan, indirect customer loan, and credit card car loan. The direct customer type is generally a bank car loan where the customer meets directly for the loan, and the indirect customer type is generally a car finance company car loan where the auto finance company transfers the customer to the customer.

For direct bank car loans, the fees collected are deposit, principal and interest, 3 guarantee fees, etc. The fees for high-quality bank customers will be discounted, but each bank's preferential policies are different.

In addition to paying the above fees, the car loan of Jianke Auto Finance Company also needs to pay supervision fees, fleet management fees, and warranty renewal deposits.

There is also a credit card car loan. Credit card installment car loans only provide installment payments to bank credit card users. They cannot be applied for under any conditions. There is also an review process. Credit card users with bad credit records can It's difficult to handle.

2. Specific steps for credit card installment car loan

1. The cardholder (or applicant) calls the bank's credit card center or goes to a local bank to find out whether he or she can apply for a credit card car loan. .

2. The cardholder goes to the dealer with his or her ID card to fill out the Car Purchase Installment Order on-site, and submits it to the bank's backend for review.

3. When the order is approved, the cardholder pays the down payment and goes through the normal car purchase procedures.

4. After the vehicle has a license plate, the cardholder needs to go through the mortgage procedures with the bank and purchase the required types of auto insurance.

5. Finally, the car was driven away smoothly.