Loan interest, interest refers to the borrower to obtain the right to the use of funds to the lender for pay, it is the capital (i.e. loan principal) in a certain period of the use of price

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With the development of daily life to improve more and more people are buying a car, but in the process of buying a car and not everyone will choose the money to buy a car, car loans consumer still accounted for the majority, so how to apply for bank loan to buy a car at the time? The borrowers to apply for bank auto loan, what are the requirements to - agricultural car how to handle the loan - bank car loan how to handle? US bank car loan as an example for everyone - the bank car loan.

When applying for the bank car loan, the borrower needs to satisfy these conditions: 1 the borrower is China citizens with full civil capacity or in Chinese territory inhabited continuously for one year or more, Hong Kong, Macao, Taiwan residents and foreigners; 2 the borrower hold valid identity document or long term proof of residence; 3 the borrower must have fixed and detailed address; 4 borrowers have legal stable source of income or personal assets sufficient to pay off the loan principal and interest; 5 the borrower no bad credit records; 6 the borrower to provide effective security; other conditions require 7 Fu Henong banks.

So the borrower meets the above conditions, how to handle the bank car loan? For the process is this: the customer put forward personal auto loan application and submit relevant information -- bank to investigate, review, approval -- signed loan contracts -- insurance, notary, security procedures -- loans

In addition, the bank car loan is mainly divided into car loans and commercial car loans, car loans for the longest period of 5 years; the longest commercial vehicle loan period of 3 years. For the loan interest rate, the bank will according to the actual situation of the borrower to determine.

A lot of money demand in the bank loan agreement entered into is very random
. In fact, this natural behavior shows their lack of good financial management consciousness, often when the loan out of interest, to create an artificial "high interest". Because some of the bank loan funding needs will pay an extra interest in the virtually. For example, indwelling deposits loans and interest withholding loan.

The so-called indwelling deposits loans that capital needs to obtain the loan from the bank, the bank requested the Lien from a part of the loan principal deposited into the bank account, to restrict the demand for funds in the principal and interest of the loan can be repaid at maturity. But the funding needs, the principal of the loan was discounted equals to pay interest.

The so-called withholding interest loans, some banks to ensure that the return of loan interest on time, in loans from the lender when the loan principal in the pre docked all loan interest. Because of this way will make money demand less money loans are available, the objective to increase the demand for funds by financing costs.