How to use the auto finance car loan to buy a car

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  • / Author: Aaron Lewis

The automobile finance car loan is a lot of peopleLoan to buy a carThe effective channel, under normal circumstances, the application of auto finance car loans to borrowers with a stable income and good credit records, relative to the bank to car loans, auto finance loans lower threshold, and the procedure is more convenient. The general does not require is a local account, do not have to provide collateral, no need to guarantee, and the approval process is simple, the fastest day to mention cars.

It is understood, automobile financial company's interest rate is usually higher than bank interest rates, loan expires, the borrower can choose a one-time settlement of elastic tail section, but also on the elastic tail section and then apply for a period of 12 months the two loan etc.. Because the current income is not very stable, but the expected income is relatively high, and there is no local residence and property of the people, the automobile finance credit is very realisticLoans to purchase a carChannel. Although the car finance loan more convenient, but the lending banks, need to assume a higher risk, so they need to charge interest or costs higher, this requiresCar BuyingTo measure, if cost-effective, is a good choice.

Auto finance company loan is more suitable for urgentA carAnd the future income of the less stable foreign consumers, in order to reduce the cost of buying a car, car loan purchase a car people choose this kind of discount activities best engage in auto finance company act. For example, a car sales Services Limited, the automobile financial company loan maximum loan into 7, the longest 5 years, generally 3 days can be put on the car, but for the customer's credit requirements are very high.

If applying for auto loan purchase a car's words, must first find an auto financing company, sufficient data preparation and. Under normal circumstances, the general procedure for car loans include walking:

The first step: the selected models and submit a loan application. But the auto loan purchase a car can select model range is not very wide, this is because the company car finance loan usually choose and automobile manufacturers, loan applicants can only be carried out in such formulation of the model range selection.

The second step: financial companies to accept the application, arrange visits investigation, and collect relevant documents. As long as the materials are basically true, this step is usually not too many problems. If the existence of resort to deceit, providing false materials, may be rejected.

The third step: after more please: Http://www.yinhang.com/a_2014_0213_183543.html

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