Will Changan Finance delay the trailer?

Legal analysis: overdue will be towed away, but it is not that the user's car loan has just been towed away by the organization. If it is only overdue, users will generally be reminded by SMS or telephone to urge them to repay as soon as possible. However, if it is overdue for more than 3 months, the organization is likely to tow the car at home. The arrears need to be repaid. If they don't pay for the time being, they can negotiate with each other to apply for installment or deferred repayment.

Legal basis: Measures for the Administration of Automobile Loans

Article 14 A borrower who applies for an auto loan from a dealer shall meet the following conditions:

(1) Having the Business License for Enterprise as a Legal Person issued by the administrative department for industry and commerce;

(2) Having a certificate issued by the automobile manufacturer to sell cars as an agent;

(3) The asset-liability ratio does not exceed 80%;

(4) Having a stable legal income or legal assets sufficient to repay the principal and interest of the loan;

(5) The dealers, senior managers of dealers and customers who accept loan applications as agents have no major breach of contract or bad credit records;

(6) Other conditions required by the lender.

Article 15 The lender shall establish an independent credit file for each dealer borrower and update it in time. The dealer credit file shall include the following contents:

(1) The name, legal representative and business address of the distributor;

(2) Copies of various business licenses;

(3) the insurance, commercial credit and financial status of the distributor;

(four) the model, price and use of the purchased cars and parts;

(5) The loan guarantee status;

(six) other information needed to prevent loan risks.