It is more reliable for black households to buy cars by stages. At the same time, if black households apply for loans, lending institutions may raise the borrower's loan interest rate.

Or reduce the borrower's loan amount, as the case may be. 2. Black households who want to apply for loans can try to apply for loans from banks through local loan companies, which is also one of the channels for black households to apply for loans. Find a loan company. Lending companies usually value collateral more than personal credit. If the borrower borrows money through the loan company and can provide collateral, it will be easier to obtain funds.