Need to check credit.

The main purpose of checking credit information is to check whether the personal reputation is good. The bank will decide whether to apply for a loan to buy a car for you according to the credit history and credit report in the past two years.

Under normal circumstances, the borrower can basically get a car loan if it is overdue for no more than 6 times in two years and no more than 90 days in a row. However, the bank will specifically check the overdue amount every time to determine whether the borrower is maliciously in arrears. If it is a malicious breach of contract, the bank will not lend money.

Information to be checked when handling car loans

One is basic information: in addition to the borrower's name, age, education and other basic information, you can also see the work information in the last two years, which can judge the stability of the borrower. In addition, married people will also show their spouses' names and contact information.

One is credit records: including loan records and credit card records.

1. Loan record. The borrower's past loans will be recorded. Whether it has been settled or not, lending institutions will focus on the number of lending institutions to see if they borrow from multiple sources; There is also the total loan amount, inferring the debt ratio; Then there are the types of loans, such as mortgage loans or consumer loans; And the repayment status, whether it is overdue or settled.

2. Credit card records. As long as the credit card is released successfully, it will be displayed. Whether in use, out of service or cancellation, it also depends on the number of cards issued, credit line, used line and monthly repayment line. And then combine income and loan records to infer repayment ability.

One is public records: in addition to social security payment records, there are also some social bad behaviors, which will be displayed in this respect in the future, such as arrears of water, electricity and gas, and drunk driving. At present, you can see the implementation and tax arrears records of enterprises. Car loans with such records are easy to be rejected because it is a serious bad social behavior.

One is the inquiry record: the inquiry record will show the credit records of various reasons in the past two years, such as loan approval, credit card approval, guarantee qualification examination, self-inspection credit, post-loan management, etc. The first three types of records are collectively referred to as hard query records, which are directly linked to credit investigation. Too many times in a short period of time will waste credit information, which is not conducive to the approval of car loans.

Do I need to check my personal credit when I borrow money to buy a car?

Take China Construction Bank as an example: when buying a car, only check the credit information of the loan applicant.

1. Loan target: 18 to 60 years old, natural person with full civil capacity;

Two. Application materials to be provided:

1, personal loan application;

2. Personal valid identity documents. Including identity cards, household registration books, military officers' cards, passports, and travel passes for compatriots from Hong Kong, Macao and Taiwan. If the borrower is married, the identity certificate of the spouse shall be provided;

3. Household registration certificate or long-term residence certificate;

4, personal income certificate, provide proof of family income or property when necessary;

5. Certificate of intention to buy a car issued by the car dealer;

6. Proof of down payment for car purchase;

7. If the purchased vehicle is secured by other means other than mortgage, relevant materials for the guarantee shall be provided.

Because the loan object and loan information belong to the loan itself, that is, the husband and wife, anyone who applies for a loan to buy a car can check his credit information.

Extended data:

Processing flow:

1, customer application. Customers apply to the bank, fill in the application form in writing and submit relevant materials at the same time;

2. Sign the contract. After the application materials submitted by the borrower are approved by the bank, the two parties sign a loan contract and a guarantee contract, and go through the relevant notarization and mortgage registration procedures as appropriate;

3. issue loans. After all the formalities are completed, the loan approved by the bank will be directly transferred to the car dealer account by the bank according to the contract;

4. Repay on schedule. The borrower repays the loan principal and interest according to the repayment plan and repayment method agreed in the loan contract;

5. loan settlement. Loan settlement includes normal settlement and early settlement.