Ping an car loan debt related. If Ping An Automobile has credit information and liabilities, it needs to provide financial proof if the liabilities are too high. When you apply for a car loan, you will find credit card information, including credit information agencies, credit limits and credit card usage limits.

Among them, the amount of credit card use belongs to personal debt, and the car loan has a great relationship with the credit card debt ratio. Excessive credit card debt ratio will affect repayment ability, which is not conducive to car loan approval.

The consequences of car loans overdue

After loans overdue, Ping An Bank will collect overdue penalty interest on a daily basis until everyone pays off the arrears. After a long overdue period, everyone's overdue records are likely to be uploaded to the central bank's credit information system. According to the current regulations, the loans overdue record will not be erased until five years later.

After everyone is overdue, the comprehensive credit branch of Ping An Bank will drop sharply, and it will be difficult for everyone to handle business through Ping An Bank in the future. If Ping An Bank's car loan is seriously overdue, then everyone's car is likely to be taken away by Ping An Bank for auction.