When will the car loan be deducted if it fails?

According to Baidu Law Pro, there may be the following reasons for the failure of car loan deduction:

Insufficient bank card balance;

Abnormal bank cards (such as expired, loss reported, frozen, etc.). );

Banking system upgrade or failure;

System failure or delay of car loan institution;

If your car loan deduction fails, you can take the following measures:

Ensure that the balance in your repayment card account is sufficient and the bank card can be used normally;

Contact the customer service staff of the bank by telephone, find out the reason, explain the situation and ask the customer service staff questions;

Contact the customer service staff of the car loan agency by telephone, tell the reason for the failure of deduction, and ask if it is possible to repay manually or adjust the repayment date;

Wait for the bank or car loan agency to deduct the money. Under normal circumstances, the deduction on the same day is unsuccessful, and it will be deducted once a day after repayment until the monthly payment is paid off on the same day;

If you take the above measures in time after the deduction fails and complete the repayment within the grace period, your car loan is not overdue and will not affect your personal credit. But if you don't pay off your car loan for a long time, your car loan will have overdue records and penalty interest, which will have a negative impact on your personal credit. Therefore, it is suggested that you try to avoid the failure of car loan deduction, ensure that the balance in the repayment card is sufficient one day in advance, and pay attention to the deduction result in time.