Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. Loan to buy a car refers to the loan issued by the lender to the borrower who applies for buying a car. In fact, it is to borrow money from financial institutions to buy a car. However, financial institutions require car buyers to pay a certain percentage of down payment and provide proof of repayment ability. They have no bad credit record and must meet the requirements of financial institutions before they can apply for a loan to buy a car.
When people apply for a car loan, they are sometimes rejected. If the car loan is rejected, can they apply again? What is the reason for rejection? What if the loan is not available? Let's take a look with Bian Xiao! Depending on the reasons for rejection, the time for reapplication is different. The general grading question is 1-3 months. If it's because of debt, it's usually six months. If the application is rejected due to untrue information, it cannot be re-applied. There are several common reasons why loans are not approved:
1. If an individual applies for a loan with bad credit, the bank will check the borrower's credit report first. If the report shows that "it has been overdue for more than three consecutive times or accumulated for more than six times in the past two years", the loan will be refused. Solution: It is an indisputable fact that banks have strict credit requirements for borrowers. In this case, you might as well find a loan from a non-bank financial institution, whose loan threshold is relatively low.
2. Low-income bank loans have higher income requirements for borrowers. For example, the current loan group of Standard Chartered Bank requires borrowers to earn more than 4,000 yuan a month; Citibank, on the other hand, requires borrowers to earn more than 7,000 yuan a month. Therefore, if the income is not up to standard, it is difficult to obtain the same loan.
3. When applying for a bank loan with incomplete loan information, the borrower must provide complete loan information. If the loan information is incomplete, the loan will also be rejected. Solution: Fill in the loan information and submit it to the bank. Solution: Provide effective asset certificate, reduce the risk of bank lending and help loan application.
What if I can't get a car loan? What if I can't apply for a car loan? There are many channels to apply for a car loan. If banks handle car loans, the requirements are stricter. If you can't handle it, you can choose an auto financing institution to apply. The interest rate is a bit high, but the loan pass rate is much higher.
II. Analysis Report on the Reasons for Rejection of Bank Loan Application
The number of long-term lending institutions (including banks and non-bank institutions) is 1. The number of inquiries made by lending institutions shall not exceed 12 for three months and 18 for six months. Home,/kloc-no more than 24 in 0/2 months (no more than the number of institutional inquiries). 2. The inquiry times of pure non-bank lending institutions shall not exceed 5 times within 3 months and 3 times within 7 days. (Can't exceed the inquiry times of this institution) Conditions for rejecting the inquiry times: Calculate the cumulative loan approval inquiry times of credit card approval inquiry in the last three months according to the inquiry time of the report. Quantity =8 Calculate the cumulative number of credit card approval queries in the past 6 months according to the query time of the report. Quantity = 15 According to the query time of the report, calculate the cumulative number of credit card approval queries in the last 9 months. Quantity = 18 According to the query time of the report, calculate the query times of credit card approval in the past 12 months. Quantity =24 According to the query time of the report, calculate the cumulative number of loan approval queries in the last 24 months. Quantity =40 Credit card utilization rate Refusal conditions: the utilization rate of China People's Bank does not meet the requirements: the average half-year use limit of non-cancellation credit cards = 65,438+10,000 yuan/total credit line of non-cancellation credit cards =0.8 Overdue refusal conditions: in the past 24 months, the visa was refused in the current period; The latest issue 6, overdue for no more than 2 times; Nearly 12, overdue for no more than 3 times; Nearly 24 issues, no more than 4 times overdue; Rejection conditions of overdue amount: the maximum monthly overdue amount in loans overdue = 10000 yuan, the maximum monthly overdue amount in credit card = 654.38+0000 yuan, and the income and liabilities will be converted into capital adequacy ratio scores, depending on the interest rate. Low. But not all of them determine the customer's credit limit. The credit line is not one-dimensional, and the evaluation dimension is also included. Including income, education, credit score, whether civil servants, job level, etc. All these will affect the credit line. High and low degree. The credit score is high, but the income is not necessarily high. Related Q&A: What is the reason for the bank's prompt to refuse the transaction? When a bank card is traded, if there is a prompt to refuse the transaction, it can generally be cancelled on the same day. For example, if the banking system detects a risky transaction and refuses the transaction, the user will use the card to spend money in other security scenarios, and the status of refusing the transaction will be automatically lifted. So what are the reasons why banks refuse to trade? 1. Credit card consumers with bad transaction records have bad transaction records, such as refusal to pay. 2. The card used by the unauthorized transaction consumer for payment is a 3D card, but the 3D verification code is not filled in during the payment process. Therefore, the system will judge the transaction as unauthorized and refuse to deduct money. In addition, it is also possible that the issuing bank of the consumer has not authorized the transaction. 3. Repeated payment for the same IP in a short period of time. Consumers repeatedly pay in the same IP in a short period of time, and there are other illegal acts such as cashing out and cashing out. The system refused to deduct money. 4. The balance in the card is insufficient or the card has expired. The card used by the consumer for payment exceeds his credit limit or the card has expired. 5. Incomplete information, error or termination of payment. When the consumer fills in the credit card related information, the information is incomplete or wrong, and the bank has no way or refuses to deduct the money. 6. IP paid by consumers in risk areas comes from areas listed as high risk by international credit card organizations, and the system will judge high-risk transactions and refuse to deduct money. Seven. The card used by consumers for cross-border and cross-regional transactions is a non-domestic card, which is suspected of card theft. Therefore, the system will rate it as a highly analytical transaction and refuse to deduct money. Eight. Other information is frozen by the bank because it checks whether the payee participates. Check whether the subordinate's payment password is entered incorrectly. If in doubt, you can directly consult the bank customer service. Check whether the bank card to be recharged is abnormal, frozen or there is no money in the card. To sum up, once the bank card is found abnormal, you must take the initiative to contact the customer service of the issuing bank, so that the customer service can find out the specific reasons, and don't operate blindly to avoid unnecessary losses.
Third, the application for car loan was rejected by the bank. I feel dizzy.
You need to know the reason why you were rejected. If it is a credit problem, you don't need to find another bank. If not, try another bank. The most important thing is to find the reason for rejection, and then look at what to choose, and analyze the specific problems!
4. What are the reasons for the rejection of the loan application?
First, the income from work is too low. For credit loans, wage income accounts for a large proportion of the reference, and the loan structure will have lower requirements for borrowers' wages than banks, but there are still certain standards. After all, this is the standard for the borrowing institution to judge the borrower's repayment ability. If the borrower's income is too low, it is likely to be rejected when applying for a credit loan.
Second, personal credit has a bad record. There is no doubt that credit loans attach importance to the word "credit". If the borrower finds that you have a record of overdue repayment when applying for a credit loan, this situation may be refused considering the credit problem.
Third, the borrower has no fixed job. If the borrower's job changes again and again, and his job and income are unstable, the borrowing institution will probably refuse those who have no fixed job, taking into account the borrower's repayment and income problems.
Fourth, the application materials are false and untrue. When applying for a credit loan, the application materials should be as detailed as possible, must be true, and cannot be falsified. The act of exaggerating personal information should not appear. When the auditors of the lending institutions find that the materials are not real-time, this situation is likely to be rejected.
Fifth, the borrower has no bank running water. Bank liquidity is an important indicator to judge whether a person has the ability to repay. It usually takes nearly half a year of running water. If the borrower has no running water from the bank, the lending institution will think that your repayment ability is poor and will probably refuse.