1. Is it necessary to apply for a credit card to buy a car with a loan?

Using a credit card loan to buy a car is more economical than going to a bank or a car financing institution to buy a car, because you don’t need to pay interest when buying a car in installments with a credit card, you just need to pay some handling fees. , and the handling fee is still very low compared to the interest rates of the other two loans.

And it will be faster for cardholders to use their own credit card loans to buy cars. Some banks can complete the approval of this application in 40 minutes, and the longest time will generally not exceed 3 days. , so it is very good in terms of speed.

2. Why do I need to apply for a credit card when buying a car with a loan?

Conditions for ETC card application:

The car owner’s valid ID and driving license are required. Original and photocopy (non-car owners also need to bring a copy of the agent’s valid ID card and a photocopy of the page with the latest annual inspection;

After the postal credit card application form is received on the credit card, swipe the card twice to obtain it. With POS order, you can go to designated postal outlets to collect it for free without any charge;

Over 1 year old

If you have a car under your own name

The application process is as follows. :

A copy of the car owner’s certificate is required (non-car owners also need to bring the agent’s valid ID), and a copy of the driving license needs to be copied to the page with the latest annual inspection;

Fill out a CCB credit card application form. After receiving the credit card, swipe the card twice with the POS slip and you can go to the designated CCB outlet to receive and install ETC on-board equipment (OBU) for free;

If the car owner already has a CCB credit card And I want to use it to bind the scope of free equipment given by ET, so even if I have a CCB credit card in my hand, if I want to get OBU equipment for free, I still need to apply for a new CCB credit card. The original card and the new card have the same quota. , of course, you can also cancel the original credit card and only use the new card;

If the car owner has a CCB savings card and wants to bind the ETC function, according to the requirements of the transportation department, a certain amount of deposits must be frozen, and it is also not free. Equipment.

3. Do you need a credit card to buy a car with a loan?

Generally speaking, there are two advantages to buying a car with a loan. First, you can use the saved funds in other places. For example, the money earned from investment may be more than the interest on the loan; secondly, you can accumulate credit and buy a car with a loan. As long as you pay back on time, you can accumulate good personal credit, which will help you apply for loans and credit cards in the future.

The process of buying a car with a loan is as follows:

1. Book a car first and then go through the loan process, and negotiate specific preferential policies with the 4S store.

2. . Submit loan procedure information. Usually required: identity certificate of both spouses, driver's license, marriage certificate, real estate certificate, income certificate, bank statement and other information.

3. Wait for bank/manufacturer finance to submit loan procedures. /Third-party financial companies will review and approve the qualifications of loan applicants, which are usually divided into online approval and offline approval. Online approval will usually call the loan applicant; offline approval will usually be a home visit, only if the loan applicant is not qualified

4. Pay the down payment. After the loan is approved, you need to pay the down payment to the 4S store, and then the 4S store will issue a down payment receipt and give it to you. The bank/finance company is waiting for the loan.

5. The bank/finance company will loan the money to the 4S store or the loan applicant, so that you can issue the invoice and pick up the car normally.

If you need to borrow money, you can also choose Youqianhua under Duxiaoman Financial. Youqianhua is a credit brand under Du Xiaoman Financial, which provides users with safe, convenient, unsecured, and unsecured credit services. To borrow money, go to the Du Xiaoman Financial APP.

Duxiaoman Financial will effectively implement the country’s call to support small and micro enterprises to overcome difficulties. Its credit service brand has money to fully support the production and operation of small and micro businesses. Duxiaoman Financial is the owner of most small and micro businesses. first choice. It is reported that 70% of Duxiaoman Financial’s credit users are small and micro business owners.

Up to now, Duxiaoman Finance has joined hands with dozens of financial partners to issue hundreds of billions of loans to small and micro business owners.

This answer is provided by Kangbo Finance. Kangbo Finance focuses on interpretation of hot financial events and popularization of financial knowledge. It adheres to professionalism and pursues fun, and produces financial content that people can understand, using vivid and diverse methods. Deliver financial value. Hope this answer is helpful to you.