[reproduced] Henan Zhengzhou automobile installment loan notes

  • Created:
  • / Author: Aaron Lewis
    The contrast between us a bank and vehicle staging company
The first bank:
 Is mainly aboutClassification of bank auto loanAs well asThe advantages and disadvantages of bank auto loan, to help more people understand the car loans, auto loans to banks.
Bank auto loan are divided into direct type car loans and - type car loan, the loan period is generally 3 years, the length of not more than 5 years, Shoufu ratio to three, bank car loan interest rates relatively low auto financial company. Suitable to local accounts, can provide the enough guarantee, the more stable income, not tall to loan borrowers time requirements.

Direct type and style

  1. Straight type refers to the borrower to the bank to apply for loans, the bank agreed to purchase a car dealer place to go after. The loan period is generally 3 years, the length of not more than 5 years (inclusive). Loan interest rate of loans in accordance with the provisions of the people's Bank of Chinese of interest rates over the same period.
  2. - type refers to the borrower to the bank special car dealers to buy cars, submit the relevant application materials, and by the dealer to apply a bank loan. The bank after the investigation after the examination and approval, signed loan contracts, guarantee contract, and legalization, insurance procedures.

Bank auto loan advantages

Automobile consumption loans banks can include all of the sale of the vehicle, covers a wide range of. General bank car loan interest rate is determined in accordance with the bank interest rate.

Bank auto loan defect

  1. For the complicated procedures. Need to purchase a car to provide a series of documentation and can be effectively right bank approved collateral or collateral or the compensatory ability of the guarantee of the third party. If the guest type car loans, also need to have signed with the purchase a car purchase a car dealer agreement or contract. Also need a guarantor if not local household registration, the program is very complex, the loan rate is not high, banks need to Guarantee Corporation to provide security, and slower.
  2. Miscellaneous more. Automobile consumption loans banks need to pay other costs, such as the guarantee fee, a fee, attorney's fees, mortgage fees etc..
  3. The approval time. Because of the high risk of auto loans, banks and very strict examination and approval time, about a month.

The car stage company:

2 simple procedures.

In terms of personal credit loans, auto finance company loan to purchase a car makers, income, work is the reference standard, without like banks to pledge, the field of household registration will not be loans obstacles.

Lending rate 3 loans faster, usually several hours to several days to complete.

Shortcomings:

1 of the loan interest rate higher than bank interest rates, car loans, auto finance company loan interest rates should be higher than 2%.

2 if consumers early repayment, to pay the equivalent of early repayment penalty of 3%.

3 auto finance company car loan is only limited to the brands of cars, selective little.

  1. Hope the above content can increase your understanding of the auto loan
    That our company strong aspects than other companies:
                                   1 fast approval
                                   2 lending speed
                                   3 lenders directly after the car "as long as you don't make mistakes, to mention cars from the examination and approval, a maximum of 3 days,
                                     The absolute high efficiency "
                                   The 4 is directly across the dealers, so that your interests can be expanded
    Tel: 15225467369Business Consultant: Hao Haihua  
  2.   There is a need to please contact me. Thank you.
  3. "Henan Chuangda Automobile Sales Co., Ltd."