Handling method of overdue car loan: 1. Loans overdue may produce the following results and penalty interest. Although the policies of all banking institutions are the same, as long as they are overdue, there will be a penalty interest, that is, a certain percentage of interest will be added on the basis of the original interest; 2. Being listed as untrustworthy will affect future loans and property purchases. After the credit report is overdue, it will inevitably leave a bad record. If the circumstances are serious, it will not only be included in the list of people who have lost their trust, but also affect future real estate loans; 3. In the face of litigation problems, generally speaking, after a certain period of time is overdue, the bank will issue a collection notice. If the collection fails, the bank will sue the borrower and safeguard the legitimate rights and interests by legal means.

What should I do if the car loan is unexpectedly overdue?

If the repayment time is short-term overdue due to personal negligence, in this case, contact the bank after paying off the arrears in time to find out whether it will be recorded in the credit report. If it is maliciously overdue, or overdue for more than 90 days, you should pay off the arrears first, pay off the penalty interest, and then make a repayment record.

Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal given by the bank to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers. The term of automobile consumption loan is generally 1-3 years, and the longest is no more than 5 years. Among them, the term of second-hand car loan (including extension) shall not exceed 3 years, and the term of dealer car loan shall not exceed 1 year. According to the regulations of the central bank, the benchmark interest rate is implemented for auto loans, but financial institutions can float within a certain range of the benchmark interest rate. The term of auto loans in major banks is generally less than five years, and the interest rate of auto loans directly determines the cost of people's loans and becomes an important factor in determining whether people lend.

Personal loan car purchase business is divided into direct customers, indirect customers and credit card car loans. The direct customer type is generally a bank car loan for customers to meet directly, and the indirect customer type is generally a car loan from an auto finance company to a customer car loan. The fees charged by banks for direct car loans include deposit, principal and interest, and 3% guarantee fee. And the bank's premium customer fees will be discounted, but the preferential policies of each bank are different. In addition to the above fees, the car loan of individual auto financing companies also needs to bear the supervision fee, fleet management fee and warranty renewal deposit. And credit cards, car loans. Credit card installment car loan only provides installment payment for bank credit card users, not all conditions can be handled, and there is an audit procedure, which is difficult for credit card users with bad credit records. The specific steps of buying a car by credit card are roughly as follows: the cardholder (or applicant) calls the bank credit card center or goes to the local bank to inquire whether he can apply for a credit card car loan.

What if the car loan is overdue? What effect will it have?

First, the specific circumstances of overdue car loans are different, so the handling methods will be different. Generally, loans overdue is divided into non-malicious overdue and malicious overdue. The specific solutions are as follows:

1. Negligent short-term overdue: take the initiative to contact the bank after making up the arrears; Not all overdue records will be immediately displayed in the personal credit report. Some banks will have a few days of tolerance, and some will not report overdue records to the central bank's credit information center until next month. So as soon as they found the overdue records, they contacted the bank and tried to solve the problem before reporting the case.

2. Malicious overdue for more than 90 days: first, pay off the arrears and maintain good credit habits: if you are credited, you need to repay the penalty interest. Credit card users should not cancel their cards immediately and continue to maintain good consumption habits. After five years, the bad records will be automatically eliminated, and most loans only refer to the credit records within two years except mortgage.

3 due to unemployment, serious illness, going abroad and other reasons overdue. : Take the initiative to contact the bank to explain your actual situation and issue a "non-malicious overdue certificate". When the loan is needed again, the relevant lending institutions will consider it as appropriate.

Second, the impact:

1. If the repayment is overdue for more than three times, there will generally be a bad credit record;

2, the situation is not very serious, you can go to the bank (or other financial institutions) to explain the reasons and submit an application, and you can barely apply for a loan or credit card;

3. If there are too many overdue times, it is obviously not approved to apply for a loan or credit card. Ordinary banks (or other financial institutions) will consider whether an individual's credit record in the past five years is good or not.

Extended data:

Because it is a car mortgage, I mortgaged the car to the loan company. Therefore, if the borrower fails to repay the loan, the lending institution can auction the borrower's car directly to repay the loan. Prior to this, the lending institution would ask the borrower to repay many times, and there would be certain interest charges during the repayment period, which was a relatively high penalty interest, and the repayment pressure of the borrower would increase during this period.

It's relatively easy to handle automobile mortgage through a loan company, but the borrower should never be lucky enough not to repay the loan. Lending companies have plenty of ways to keep themselves from "losing money". Therefore, we should do what we can to avoid the phenomenon of inability to repay.