After the car loan is passed

Is the car loan approved and released on the same day?

You may not be able to lend money on the same day.

1. The car loan may not be released on the same day, because the bank needs to inform the customer after the approval result comes out. If it is approved, it is necessary to make an appointment with the customer to sign a loan contract and go through the formalities of insurance and vehicle mortgage registration. The bank will only lend money after the customer signs the contract and completes the relevant procedures. Therefore, it may take several days from car loan approval to bank loan. If it is short, it may take three or five days; If it is long, it will be more than a week. Of course, there are some efficient ones, which may be approved on the same day, and they can sign the contract and go through the formalities on the same day, and they can lend money on the same day. In short, customers just follow the bank's procedures. When the loan arrives, the bank will generally send a text message to inform the customer. When the customer received the SMS notification, the car loan funds he applied for had already arrived on his behalf. The loan funds will be used to pay the remaining balance of the car to the dealer, and then the customer can repay the car on time according to the agreed repayment plan.

2. The vehicle loan will not be issued on the day the user applies. Users need to wait for the approval of the bank after submitting the loan application. After the approval, the bank will contact the user to go to the bank to sign the loan agreement, and then immediately lend money to the designated account. Usually, the bank audit takes 5 days, and the loan will be released immediately after signing the contract, usually on the same day.

1. Reasons for not granting auto loans after approval

1) Do not handle corporate transfer on holidays: As banks do not handle corporate business on holidays, financial institutions generally do not lend money on holidays;

2) Shortage of funds of lending institutions: It may be that lending institutions have no money to lend because of the sharp increase in business, which may also lead to the phenomenon that the loan audit results have been loaned but not yet received;

3) The second audit failed: generally, another audit will be conducted after the initial audit. If the audit results are found to be wrong or a large amount of liabilities are increased, the second audit may fail, thus affecting the loan; In addition to the above reasons, it is not excluded that there are other reasons that lead to the inability to borrow money. In this case, it is suggested that the owner can consult the relevant personnel first to find out what causes the loan to be unavailable.

Can I cancel the car loan?

If the subject wants to know, "Can the car loan be cancelled after passing?" The relevant contents are as follows:

It's hard to say, it depends, as follows:

1. If the consumer successfully applies for a loan, but has not signed a loan agreement or contract with the lending institution, then he doesn't want a car loan, and the consumer will contact the bank to apply for cancellation of the loan, then the bank will stop issuing the loan;

2. If the application is passed, the consumer has signed an agreement or contract with the lending institution, but the car loan has not been issued. At this time, if the consumer wants to cancel the loan, don't pay the down payment, discuss with the car dealer, and then go to the bank to cancel the loan;

Then, when the car loan has been paid to the car dealer's account, there is no way to cancel the loan, so we can only choose to go to the bank to repay in advance. The process of canceling the loan is also very troublesome, and it is also necessary to pay liquidated damages and handling fees. Consumers are generally not advised to cancel after success.

What should I do if my car loan application is approved but I don't want it?

If the car loan application is successful and you don't want it, you can cancel it directly. 4S loan application process: 1. First, car buyers go to the 4S shop to consult the car purchase situation and loan application method; 2. Then, the 4S shop conducts a preliminary examination of the loan qualification of the car buyer and signs an opinion; 3. Third, the 4S shop rechecks the loan qualification of the car buyer and conducts the preliminary examination of the bank; 4. Fourth, after the approval, the 4S shop signs a car purchase contract with the car buyer, and the car buyer pays the down payment and handles a bank account for it; Fifth, go through mortgage, notarization, insurance and other procedures, get a loan from the bank, and the car buyer will pick up the car. Of course, different 4S stores choose different banks, so the loan process may be different.

What should I do if I don't want to pick up the car after the car loan?

The loan business of banks or auto financing companies gives many consumers a good choice when they don't have enough money to buy a car in full. Therefore, some consumers will apply for a car loan, but some people don't want it after the car loan application is successful. Want to know if the car loan can be cancelled? The specific situation is analyzed as follows.

If the consumer successfully applies for a loan, but has not signed a loan agreement or contract with the lending institution, then he doesn't want a car loan. The consumer will contact the bank to apply for cancellation of the loan, and the bank will stop issuing loans.

If the application is passed, the consumer has signed an agreement or contract with the lending institution, but the car loan has not yet been issued. At this time, if the consumer wants to cancel the loan, don't pay the down payment, discuss with the car dealer, and then go to the bank to cancel the loan. After the car loan is passed, the owner will generally be informed and bring the corresponding information to go through the formalities.

Then when the car loan has been credited to the car dealer's account, there is no way to cancel the loan, so we can only choose to go to the bank to repay in advance. The process of canceling the loan is also very troublesome, and it is also necessary to pay liquidated damages and handling fees. Consumers are generally not advised to cancel after success.

How long will the car loan pass, and it will be invalid if it is not mentioned? It is important to pay back on time.

It is a common phenomenon to borrow money to buy a car. Many people borrow money to buy a car for the first time, and it is inevitable that there will be some unclear things. For example, some people will not pick up the car immediately after the car loan is passed, but they are afraid that the car loan will be invalidated. So how long has the car loan passed? If you don't mention the car, it will be invalid. Let me give you a brief introduction.

How long will the car loan pass, and it will be invalid if it is not mentioned?

A loan to buy a car requires the lender to pay a down payment before lending. After the bank mortgage, the 4S shop will inform the lender to pick up the car, no matter how long it takes the lender to pick up the car. Because the bank loan was credited to the dealer's account, the dealer got the money and the transaction was successful.

It doesn't matter when the lender picks up the car. As long as there is a sales contract and a car purchase invoice, you don't have to worry that the 4S shop will default. Lenders will only pick up the car when they have time. However, it should be noted that if the loan is successful, even if the lender does not mention the car, it will still be returned.

Generally, the repayment date of car loan is calculated from the loan date, and the loan date of next month is the repayment date. If the lender thinks that there is no need to repay the car without mentioning it, then there is only one consequence, that is, the car loan is overdue, and the lender will be urged to pay the overdue fee. The key is that personal credit is damaged, so it is not so easy to apply for a credit card or loan in the future.

Therefore, the lender should pick up the car as soon as possible after the loan is passed, and be prepared to repay the car loan. Usually, the bank will deduct money from the repayment card provided on the repayment date to recover the monthly loan. Lenders don't want to be overdue, so as to deposit enough money in the repayment card one day before the repayment date to ensure that the bank can successfully deduct money.

The above is the introduction of "how long after the car loan, the car will be invalid", I hope it will help everyone.

What procedures do I need to go through after the car loan is completed?

After the car loan is completed, the procedures to be handled are as follows:

1, get the car registration certificate. After paying off the car loan, the lender will take his ID card, driving license and repayment details. If he applies for a car loan in a finance company, he will go to the 4S shop of the car to get the car registration certificate. To apply for a car loan in a bank, you can go to the mortgage bank to get the car registration certificate.

2. Change the beneficiary of auto insurance. Generally speaking, the first beneficiary of buying auto insurance is the lending institution. After paying off the car loan, the lender will change the beneficiary at the business outlet of the insurance company with the loan settlement certificate and ID card, and change the first beneficiary of insurance to himself.

3. Go through the formalities of understanding the charges. After the car loan is paid off, you must remember to handle the mortgage cancellation business. Usually, the car does not belong to the individual before the transfer, and the ownership still belongs to the lending institution, so it is very important to handle the mortgage cancellation business.

Legal basis: Article 225 of the Civil Code of People's Republic of China (PRC).

The establishment, alteration, transfer and extinction of the real right of a ship, aircraft or motor vehicle shall not be opposed to a bona fide third party without registration.

Let's stop here for the introduction after the car loan is passed.