1. Can I borrow money to buy a car if my credit card is in arrears?

If my credit card is in arrears, the user can borrow money to buy a car. When a user applies for a car loan, as long as the bank or auto finance does not require the user to pay off the arrears of the credit card, the user can handle the car loan business normally on the premise that there is arrears. Credit card arrears have an impact on car loans, and banks or auto finance will require users to pay off credit card arrears in advance. The repayment method can be one-time repayment of principal and interest and installment repayment (equal principal and interest, average capital). One-time repayment of principal and interest, also known as one-time repayment of principal and interest at maturity, means that the borrower does not repay the principal and interest on a monthly basis during the loan period, but repays the principal and interest at one time after the loan expires. Recently, the People's Bank of China issued a one-year (including one year) personal housing loan, which adopted this method. Now banks stipulate that the loan term is within one year (including one year), so the repayment method is one-time repayment of principal and interest, that is, the loan principal at the beginning plus the interest during the whole loan period. The calculation formula of the one-time principal and interest payment method is as follows: the one-time principal and interest payment due = loan principal ×[1 annual interest rate (%)] (the loan period is one year) = loan principal ×[1 monthly interest rate (‰) × loan period (month)] (the loan period is less than one year), where: monthly interest rate = annual interest rate ÷12 If the housing provident fund is used to lend 1, yuan. Then the one-time repayment amount of principal and interest is: 1, yuan× [1 (4.14% ÷ December )× July] = 1,241.5 yuan. Equal principal and interest refers to a repayment method of house purchase loan, which is to repay the same amount of loan (including principal and interest) every month during the repayment period. The calculation formula of monthly repayment amount is as follows: [loan principal × monthly interest rate × (January interest rate) repayment months] ÷ [(January interest rate) repayment months-1] average capital divides the total amount of loans equally during the repayment period, and repays the same amount of principal and the interest generated by the remaining loans in that month every month. As the monthly repayment principal amount is fixed, the interest is getting less and less, and the lender is under greater repayment pressure at first. Average capital loan calculation formula: monthly repayment amount = (loan principal/repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate and the interest rate is low: for example, the loan is 12, yuan, the annual interest rate is 4.86%, and the repayment period is 1 years, with equal principal and interest: 151,75.84 yuan after 1 years, and the total interest is 31,75.84 yuan. average capital: 14,99 yuan after 1 years. You can still apply for a loan to buy a car if the overdue times are not many. If you want to go to the bank to apply for a car loan, it is best to choose the issuing bank of the credit card as the car loan application bank, so that the bank has a higher understanding of the user's credit, and with the long-term credit record, the possibility of approval will be greater.

Extended information:

Automobile consumption loan is a new loan method that banks provide RMB-guaranteed loans to car buyers who buy cars at their special dealers. Buying a car by loan 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, which has a bad credit record and requires payment.

In order to apply for an automobile consumption loan, you must buy a car in a limited range from a special dealer recognized by the bank.

A car buyer applying for an automobile consumption loan must also meet the following conditions:

A China citizen with full civil capacity.

car buyers must have a relatively stable job, a relatively stable economic income or assets that can be easily realized, so as to repay the loan principal and interest on schedule. Assets that are easy to realize here generally refer to goods and so on.

during the loan application period, the car buyer shall deposit no less than the down payment of the car purchase stipulated by the bank in the account of the bank savings counter.

provide banks with bank-approved guarantees. If the individual account of the car buyer is not local, it should also provide joint liability guarantee, and the bank will not accept the mortgage set by the car buyer for the car purchased with the loan.

car buyers are willing to accept other conditions that the bank deems necessary.

If the applicant is a legal person:

Has the ability to repay the bank loan;

during the loan application period, there is no less than the down payment for car purchase specified by the bank and deposited in the accounting department of the bank;

provide recognized guarantees to banks;

on the basis of accepting the special offer mentioned in the bank

loan, the branches at all levels of the bank will conduct the primary selection according to the financial strength, market share and credibility of the dealers, and then report to the head office. After

3 of the loan cooperation agreement of the head office, you have a credit card. Can you apply for a loan to buy a car?

1. If you have a credit card in your name, you can apply for a loan to buy a car. 2. Credit cards cannot have overdue records. 3. Provide your own bank salary flow certificate. 4. Many banks and 4S shops have cooperative car loans, which is very simple to handle.