Can I borrow money to buy a car by installments?

You can also buy a car in installments when the online loan is overdue. Although overdue online loans are likely to be recorded in big data, if customers use credit cards to apply for installment loans in banks to buy cars, they will generally not be affected by overdue online loans. Banks mainly check the credit status of customers through their personal credit reports. As long as the customer's credit report is good, there will generally be no problem.

1. What about overdue repayment due to credit card overdraft?

After the credit card is overdue, as long as the customer pays off the debt, nothing will happen. If the debt is not accepted when it is paid off, the bank will naturally take the initiative to withdraw the lawsuit; If the judgment has been accepted, the customer will not be required to do anything about the customer's timely payment of the arrears.

Of course, although there are no relevant procedures for customers to handle after repayment, after all, personal credit is seriously damaged due to overdue. Therefore, if customers want to handle new credit business smoothly in the future, they have to spend time repairing credit information, accumulate more good credit, and gradually cover up bad records with new good records. After personal credit is improved, it should be no problem for customers to handle credit business again.

Only when the credit is maintained, the card restricted due to overdue can resume normal use. When customers use their cards later, they should pay more attention to their personal behavior, spend well and repay on time to avoid the overdue situation again. Once it is overdue again, you have to find a way to pay off the arrears quickly to avoid being caught again.

Second, is the online lending institution overdue?

If the online loan is overdue, there will be a meeting to collect it. How long the online loan is overdue depends on the regulations of the online loan platform. However, if the credit is overdue and there is a credit stain, it will take five years to eliminate the overdue record after paying off the debt, so you can apply for repayment by installments before it is too late.

Generally speaking, the credit information in personal credit report mainly comes from two types of institutions: first, institutions that provide credit business, mainly commercial banks, rural credit cooperatives, companies and so on. ; The other is individual housing accumulation fund center and individual endowment insurance. At present, most online loans will be overdue.

Third, the consequences of overdue credit cards.

Sometimes, the card owner is not unable to repay, but forgets to repay. Then if it is overdue within 3 days, you only need to contact the bank for repayment in time. This situation has no effect. If it is because you can't repay in full, but you can repay in part, then you can repay by installments or the minimum repayment amount, and you can still avoid the subsequent troubles.

However, if it is overdue because of the inability to repay, the consequences of waiting for the card owner are still quite serious. When the credit card is overdue, the bank's response measures are gradually upgraded. First of all, the bank will give a fault-tolerant period, and send a text message in advance or overdue to remind the card owner that there are still debts to pay. If the minimum repayment amount is paid within 3 days after the final repayment date, it is not overdue. If you don't return within 3 days, you will receive a reminder message and a reminder phone call.

If it has not been returned, the bank will collect the overdue information and submit it to the central bank's credit information center, and the overdue records will be entered into the credit information report. Before the bank submits it to the central bank, the cardholder pays off the arrears and explains the situation to the bank. Banks will stop submitting to the central bank, and the credit report will not be tainted. The time limit for submitting overdue information varies from bank to bank. Please consult the issuing bank for the specific time.

Credit card overdue is the most obvious in personal credit report. Once the overdue bad records are displayed, as long as it involves the business of credit investigation, it cannot be handled. The credit card is overdue for three consecutive times or six times in total, which is a serious overdue. If it is overdue for more than 90 days, it is also serious. If you apply for credit card, mortgage, car loan, etc. You will basically be rejected. However, if the overdue time is not long and a good repayment record is maintained after handling the arrears, then the credit investigation can also be mentioned, which will not have much impact on the application for loans and credit cards.

The relevant legal basis of this article.

Article 17 of the General Principles of Loans: The borrower shall be an enterprise (institution) legal person with China nationality, other economic organizations, individual industrial and commercial households or a natural person with full civil capacity. To apply for a loan, the borrower should meet the following basic conditions: first, it has the ability to repay the principal and interest on schedule, and the original loan interest payable and the loan due have been paid off; If there is no repayment, a repayment plan approved by the lender has been made. Two, except for natural persons and institutions that do not need the approval and registration of the industrial and commercial departments, the annual inspection procedures shall be handled by the industrial and commercial departments. 3. basic account or general deposit account has been opened. Four, except as stipulated by the the State Council, the accumulated amount of foreign equity investment of limited liability companies and joint stock limited companies shall not exceed 50% of their total net assets. V. The borrower's asset-liability ratio meets the requirements of the lender. Six, to apply for medium and long-term loans, the proportion of new project owners' equity in the total investment required by the project is not less than the proportion of investment project capital stipulated by the state.

Second, how to do the vehicle loan?

Do you want to apply for a mortgage or a car loan?

Third, how to get a car loan.

First of all, answer directly.

Users who own cars can apply for credit loans, use green copies of cars as proof of financial resources, or apply for mortgage loans, and use cars as collateral to apply for mortgage loans from banks.

Second, the specific analysis

In fact, no matter what kind of loan users apply for, they must have good credit information. If the credit information is poor, even if you apply for a mortgage loan, you will not pass the loan review.

Of course, if the user has a car, it is better to apply for a mortgage loan than a credit loan. The interest rate of mortgage loan is lower than credit loan, and the loan amount is higher than credit loan.

If the loan application is rejected, you can check your credit status in the credit check of Xiaoqi before applying for the loan. If the credit is not good, wait for a period of time, and then apply when the credit risk score is not high and there is almost no stain, so it will be easier to pass.

3. Can the car that is still paying the loan be mortgaged?

If the mortgaged vehicle still has room for value, the second mortgage can be returned.

Of course, the mortgage bank (lending institution) must provide two mortgage services at the same time, and I must maintain good personal credit and have sufficient repayment ability.

We also need to pay attention to the fact that a car is generally borrowed at most 60% to 70%, and at most 70% to 80%. If you have already borrowed 50% to 60% and there is only room for 10% to 20%, it is estimated that it is not easy to borrow another sum.

However, if there is still a lot of room for surplus value, such as only 20% to 30% loans and 40% to 50% loans, it will be relatively easy to obtain a second mortgage in this case.

It is only necessary to apply for a loan from a lending institution in two mortgages, and then a professional appraisal institution will evaluate the value of the car and review the submitted materials.

If the credibility is good and the car value is sufficient, the general approval can pass smoothly. At that time, the two parties will sign a loan agreement, go to the vehicle management office for mortgage registration, and then the lending institution will lend money.