How to apply for a CCB credit card car loan

1. ① The customer first selects a car at the dealer, test drives it, and negotiates with the dealer to determine the purchase price;

3.③The dealer submits the customer's application information to CCB;

4.④ After the application is approved, the customer goes to the dealer to pay the down payment and go through relevant procedures;

A car loan refers to a loan granted by a lender to a borrower who applies to purchase a car. Car consumption loans are a new loan method that banks issue RMB-guaranteed loans to car buyers who purchase cars at their authorized dealers. The interest rate of automobile consumer loans refers to the ratio of the loan amount to the principal issued by the bank to consumers, that is, borrowers, for the purchase of self-use cars (non-profit family cars or commercial vehicles with 7 seats or less (inclusive)). The higher the interest rate, the greater the repayment amount the consumer will have to pay.

Baseline Interest Rate

According to the regulations of the Central Bank, car loans implement the loan benchmark interest rate, but each financial institution can float within a certain range above and below the benchmark interest rate. The car loan period of major banks generally does not exceed 5 years. The interest rate of car loans directly determines the cost of people's loans, and thus becomes an important factor in deciding whether people take loans for consumption.

How to calculate the car loan interest rate

The formula for calculating the monthly car loan payment: A=P(1i)[(1i)^n-1]/n^2/i

A: Monthly payment

P: Total payment amount

i: Monthly interest rate (annual interest/12)

n: Payment amount Total number of months of loan (year × 12)

Loan interest rate

The actual interest rate of the car loan is determined by the bank based on the actual situation of the customer and with reference to the loan benchmark interest rate stipulated by the central bank. Generally Customers with excellent conditions can enjoy the base interest rate or an increase of about 10%, while ordinary customers need an increase of about 10% from the base interest rate.

The latest bank loan interest rate in 2013: 10%-15% increase from the benchmark

Personal loan car purchase business is divided into three types: direct customer loan, indirect customer loan, and credit card car loan. The direct customer type is generally a bank car loan where the customer meets directly for the loan, and the indirect customer type is generally a car finance company car loan where the auto finance company transfers the customer to the customer.

For direct bank car loans, the fees charged are deposit, principal and interest, 3% guarantee fee, etc. The fees for high-quality bank customers will also be discounted, but each bank's preferential policies are different. .

In addition to paying the above fees, a car loan from a Jianke Auto Finance Company also needs to pay regulatory fees, fleet management fees, and warranty renewal deposits

The other is a credit card car loan. Credit card installment car loan only provides installment payment to bank credit card users. It cannot be applied for under any conditions. There is also an review process. It is difficult for credit card users with bad credit records to apply.

What is the application process for a China Construction Bank credit card loan to buy a car?

What is a construction credit card loan? CCB credit card loan is a credit card installment business from China Construction Bank. So, can I get a loan to buy a car with a CCB credit card? What is the application process for a CCB credit card loan to buy a car?

Usually, the purpose of everyone’s loans is generally very strong, either to buy a house or to buy a car. Let’s take a loan to buy a car as an example. Car owners who choose a CCB credit card loan to buy a car can apply for a credit limit between RMB 20,000 and RMB 200,000. The types of installment payments include one year, two years, and three years. You do not need to pay the expected annualized interest rate of the loan when purchasing a car using credit installments. , you only need to pay the corresponding handling fee; of course, the handling fees for different installment loans are also different.

Through CCB’s credit card loan, you don’t need to pay a large amount of money to buy a car at once. You can directly use CCB’s pre-loan amount to buy your beloved car home! In addition, car owners who get a CCB credit card loan do not need additional guarantees and mortgage products, and can also enjoy the benefits of credit card points feedback. In other words, you do not need to bear high loan interest, and you can also avoid various repeated mortgage and guarantee procedures. The purpose of the loan can be achieved.

So, what is the application process for a car loan with China Construction Bank?

1. Users who hold CCB credit cards can go to 4S stores that have a cooperative relationship with CCB to choose their favorite car models. It is worth noting that car purchases with credit card loans are often restricted in car models, and car buyers need to choose among designated car models.

2. Submit a credit card car purchase application and submit your CCB credit card, ID card, and employment certificate or real estate certificate to the car dealer.

3. The dealer submits the user application to CCB. If approved, the relevant car purchase procedures can be completed within three working days.

4. The car buyer pays the down payment, applies for vehicle insurance, and the dealer submits it to the handling bank.

5. After 2 working days, you can go to the dealer to swipe your card to pick up the car.

How to get a loan to buy a car with a CCB credit card? How to apply

Credit card loan is a very good function. Many investors use this function to circulate funds and invest in financial management. How to get a loan with CCB credit card? Can I get a loan to buy a car? How to do it? Is it easy to pass?

First of all, most credit cards are mainly for consumption, not for loans. Credit cards are just a tool to help you successfully obtain a loan. CCB’s credit cards do not provide loan functions, but there are There are two large-amount installment businesses similar to loans, one is car purchase installment and the other is housing installment. For both of these businesses, CCB transfers an additional amount of money to your credit card limit, which is used to buy a car or renovate a house, and then repays it to the credit card in installments. However, this money can only be paid at the dedicated installment POS of merchants that CCB cooperates with. It can be used by swiping the card on board, which cannot be used by ordinary POS machines.

CCB Long Card loan car purchase process

China Construction Bank has many types of credit cards, but if you want to apply for a credit card loan to buy a car, CCB Long Card is definitely a good choice.

1. Users with Dragon Cards can go to 4S stores that have a cooperative relationship with China Construction Bank and choose their favorite car models. It is worth noting that car purchases with credit card loans are often restricted in car models, and car buyers need to choose among designated car models.

2. Submit a credit card car purchase application, and submit your CCB Long Card, ID card, and employment certificate or real estate certificate to the car dealer.

3. The dealer submits the user application to CCB. If approved, the relevant car purchase procedures can be completed within three working days.

4. The car buyer pays the down payment, applies for vehicle insurance, and the dealer submits it to the handling bank.

5. After 2 working days, you can go to the dealer to swipe your card to pick up the car.

How to apply for a CCB credit card car loan? CCB Credit Card Car Loan Guide is here

Go to the bank to apply for a car loan. There are generally two forms, mortgage or no mortgage. For convenience, many borrowers choose to use CCB credit cards to apply for car loans and purchase cars directly with consumer loans, avoiding a series of procedures such as vehicle release. How to apply for a CCB credit card car loan? CCB Credit Card Car Loan Guide is here!

How to apply for a CCB credit card car loan?

The CCB credit card car loan installment means that when the cardholder agrees to pay the down payment, he applies to CCB to use his Long Card credit card to purchase a family car at a CCB designated dealer. After approval by China Construction Bank, the actual installment amount will be divided into several equal installments, and the cardholder will repay the loan monthly within the agreed period and pay a certain handling fee.

1. CCB credit card car loan application conditions

Applicants must be over 18 years old, not college students; hold CCB Long Card, have no credit stain on their personal credit report; have certain qualifications The ability to repay principal and interest, and a stable financial source; hold a certificate of intention to purchase a car and a certificate of down payment for the car issued by the dealer.

2. Loan term and loan amount

Loan amount: If the vehicle purchased is for personal use, the loan amount shall not exceed 80% of the price of the purchased vehicle; if the vehicle purchased is a commercial vehicle , the loan amount does not exceed 70% of the purchased car price.

Loan period: The vehicle purchased is for personal use, and the maximum loan period shall not exceed 5 years. The vehicle purchased shall be a commercial vehicle, and the loan period shall not exceed 3 years.

3. Loan process

The borrower shall prepare the loan application, valid personal ID, proof of personal income, proof of intention to purchase a car and other relevant materials and submit them to CCB. CCB will provide the approval results within 15 working days.

After approval, the borrower goes to CCB to sign a loan contract, and CCB will complete the loan within 7 working days. The borrower then goes to the dealer to pick up the car, pays with a card, and repays the loan on schedule.

The above is the sharing of relevant content about "CCB Credit Card Car Loans". I hope it can help everyone!