Do I need to go through the formalities of car loan release? The answer is here.

In recent years, more and more people choose loans to buy cars. If you borrow money to buy a car, it usually involves the issue of vehicle mortgage. This article focuses on the "car loan release", let's take a look.

Do I need to go through the formalities of car loan release?

You don't have to go in person. There are two ways to handle car loan issuance, online and offline, as follows:

1 offline processing

After the loan is paid off, the lending institution will notify the car buyer to go through the mortgage formalities by phone or SMS, and mail the loan settlement certificate and other related materials. After receiving these materials, the buyer will sign and confirm them, and send them to the lending institution together with a copy of the buyer's identity certificate, or go directly to the lending institution to handle them together.

In the process of handling, the lending institution needs to show its identity certificate, mortgage contract and motor vehicle registration certificate. Both parties go to the vehicle management office to learn about the mortgage procedures, or entrust the loan institution to handle them in a unified way, and all the materials are handed over to the staff for operation.

2 online processing

In this case, some professional car publishing agency service companies can help car owners to provide nationwide car publishing services quickly and efficiently. It should be noted that when looking for an agency, the owner should consider whether the agency has relevant qualifications and experience; Whether you can deal with your needs in time and effectively; Whether the charging standard is reasonable and whether there are additional hidden charges; Whether the service content provided is clear and definite, and whether all necessary work links are included.

To sum up, there is no need to go through the vehicle release formalities in person, and the owner can choose online or offline according to his actual situation.