At noon today 1, I submitted a loan application to Mercedes-Benz Finance, and I am waiting anxiously. I wonder if Mercedes-Benz's financial approval is strict? How soon can we know the result?

Generally speaking, their qualification for examination and approval is not very strict, and they can apply as long as they have certain conditions. If the materials are complete, inform the examination and approval results within 2 working days after submitting the materials. If your conditions are good, you may pass the examination and approval within 24 hours. Finally, wait for the next paragraph. Basically, in seven days, you can get the funds.

1. To apply for a car loan, the following conditions must be met:

1. At least 18 years old, with full capacity for civil conduct;

2. Have a fixed residence or permanent residence in the local area;

3. Have a legal and stable source of work and economic income;

4. Personal credit is good, and there is no bad credit record on credit investigation.

When applying for a car loan, you should prepare the following information:

Personal ID card, car purchase contract or agreement signed with the car dealer, bank deposit certificate of not less than down payment or car purchase down payment certificate issued by the car dealer, proof of residence, such as household registration book or recent water and electricity residence certificate, and proof of work income, such as work permit and salary flow. If you have information about assets and financial resources, such as certificates of deposit, real estate licenses, etc., you can also prepare more. If you find someone to guarantee the loan, the guarantor also needs to provide his own identity documents and proof of economic income. In short, there are a lot of materials to be prepared. If you are not clear, you can consult the staff of the handling bank in advance to avoid missing information when handling, which will lead to a trip in vain.

Two. The vehicle loan process is as follows:

1. The borrower submits the application materials;

2. The handling bank conducts preliminary examination on the application materials submitted by the borrower, and conducts credit investigation and customer evaluation on the borrower;

3 through the preliminary examination and credit investigation, examination and approval of loan applications that meet the loan conditions;

4. If it is approved, notify the borrower to go through relevant procedures such as signing, lending, mortgage or pledge; If it fails to pass the examination and approval, it shall explain to the borrower;

5. After the loan contract comes into effect, the handling bank will issue loans. Special loan method is adopted, that is, according to the loan contract, the handling bank directly transfers the loan to the dealer account of the borrower's car purchase.

Three, different institutions in automobile mortgage, the application procedures are slightly different. The basic procedure is as follows:

1. Original ID card, household registration book or other valid proof of residence, and provide its copy;

2. Proof of occupation and economic income;

3 car purchase agreement, contract or letter of intent signed with the dealer;

4. Motor vehicle registration certificate, driving license, additional proof of purchase tax (original) and car purchase invoice;

5. Other documents required by the cooperation agency.