The car loan credit card is deactivated, but you can no longer use the card to make purchases. The monthly debt must still be repaid.

Although users cannot repay through ATM machines, they can repay through online channels. Of course, if the credit card is deactivated or frozen, the user must proactively contact the bank to apply for restoration.

As long as the user has a good recent repayment record, banks will generally help users restore their credit cards.

If the bank says it will take some time to recover, then the user must also repay the car loan on time during this time.

A car loan refers to a loan issued by a lender to a borrower who applies to purchase a car. Car consumption loans are a new loan method that banks issue RMB-guaranteed loans to car buyers who purchase cars at their authorized dealers. The interest rate of automobile consumer loans refers to the ratio of the loan amount and principal issued by banks to consumers, that is, borrowers, for the purchase of self-use cars (non-profit family cars or business cars with 7 seats or less (inclusive)). The higher the interest rate, the greater the repayment amount the consumer will have to pay.

Car loan types

Personal loan car purchase business is divided into three types: direct customer loan, indirect customer loan, and credit card car loan. The direct customer type is generally a bank car loan where the customer meets directly for the loan, and the indirect customer type is generally a car finance company car loan where the auto finance company transfers the customer to the customer.

For direct bank car loans, the fees collected are deposit, principal and interest, 3 guarantee fees, etc. The fees for high-quality bank customers will be discounted, but each bank's preferential policies are different.

In addition to paying the above fees, a car loan from a Jianke Auto Finance Company also needs to pay regulatory fees, fleet management fees, and warranty renewal deposits

The other is a credit card car loan. Credit card installment car loan only provides installment payment to bank credit card users. It cannot be applied for under any conditions. There is also an review process. It is difficult for credit card users with bad credit records to apply.

The specific steps for credit card installment car purchase are as follows:

1. The cardholder (or applicant) calls the bank's credit card center or goes to a local bank to find out whether he or she can apply for a credit card car. loan.

2. The cardholder goes to the dealer with his/her identity document to fill out the Car Purchase Installment Order on-site, and submits it to the bank's backend for review.

3. When the order is approved, the cardholder pays the down payment and goes through the normal car purchase procedures.

4. After the vehicle has a license plate, the cardholder needs to go through the mortgage procedures with the bank and purchase the required types of auto insurance.

5. Finally we can drive the car away smoothly.

Loan Amount

The maximum loan amount generally does not exceed 80% of the purchase price of the car.

Loan conditions

1. Have valid identity certificate and full capacity for civil conduct;

2. Be able to provide proof of fixed and detailed address;

3. Have a stable career and the ability to repay the principal and interest of the loan on time;

4. Have good personal social credit;

5. Hold a car purchase contract or agreement recognized by the lender ;

6. Other conditions stipulated by the cooperative agency.

Application materials

1. Original ID card, household registration booklet or other valid residence documents, and provide their copies;

2. Proof of occupation and economic income , personal account flow list for the past 6 months;

3. Car purchase agreement, contract or letter of intent to purchase a car signed with the dealer;

4. Other documents required by the cooperative agency .