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!

How to apply for a car loan? What is the process?

1. Choose the appropriate car loan method

1. Installment car purchases with credit cards are not like loans from car finance companies or car loans from banks, which require interest payments. There is no interest when purchasing a car with a credit card. , but the borrower needs to pay a certain installment fee. However, not all models of cars can be loaned in this way. Lenders can only choose a few models that their bank and car company cooperate with.

2. Compared with car finance company loans and credit card installment car loans, bank car loans have greater autonomy for borrowers. No matter which brand or model the borrower wants to buy, he or she can apply for a bank car loan, and the repayment method is also relatively flexible.

3. Compared with bank car loans, auto finance company loans have more convenient loan application thresholds and procedures. The borrower is required to provide copies of ID card, household register, marriage certificate, real estate certificate, etc. and residence Documents such as certificates and proof of income. Auto finance company loans generally do not require a local account, and no guarantee is required. They can usually be processed at 4S stores.

The second and third procedures are as follows:

1. Credit card installment car purchase procedure:

1) Apply for a bank credit card and go to the bank to increase the loan limit .

2) Go to the bank’s designated cooperative dealership to choose your favorite car model.

3) Fill out the credit card installment car purchase application form.

4) Pay down payment, pay car purchase tax, and apply for insurance.

5) Handle vehicle registration and vehicle mortgage procedures.

6) Pick up the car and repay according to the contract.

2. Bank car loan application process:

1) Fill in the bank car loan application form and provide relevant supporting documents.

2) Bank pre-loan investigation and qualification review.

3) The bank notifies the borrower to sign a loan contract, mortgage contract, guarantee contract, and handle related procedures such as mortgage registration and insurance.

4) Grant loans.

5) The borrower pays the down payment to the car dealer and goes through the procedures for picking up the car with bank documents.

3. Auto finance company loan application process:

1) Fill in the auto finance company loan application form and provide relevant materials.

2) Auto finance company qualification approval and home visit.

3) Sign a car purchase contract and a car loan contract, and pay the down payment and vehicle purchase tax.

4) Complete the relevant procedures for new car registration.

5) Pick up the car and repay it on time.

How to apply for car installment with China Merchants Bank credit card?

If you want to apply for car installment with China Merchants Bank credit card, the specific process is as follows:

Step 1: Log in to the official website of China Merchants Bank. Make an appointment and apply for a quota online;

Step 2: The staff of China Merchants Bank will contact the customer and assist the customer in handling the car installment business;

Step 3: The customer submits Application. After China Merchants Bank receives the application, it will review the customer's qualifications;

Step 4: When the review is passed, the customer can pay the down payment and apply for insurance at the same time;

< p>Step 5: China Merchants Bank will issue the loan, and then the customer can pick up the car.

Credit card installment car purchase is a credit card installment business launched by banking institutions. The credit limit that cardholders can apply for is 20,000-200,000, depending on the situation of some banks; there are three types of installments: 12 months, 24 months, and 36 months.

There is no loan interest rate for credit installment car purchases. The bank only charges handling fees. The handling rates for different installments are different.

Since the credit limit of general credit cards is limited, card-issuing banks generally require cardholders to provide proof of financial resources. Proofs of financial resources recognized by banks include real estate certificates or commercial housing sales (pre-sale) contracts and house purchase invoices. Some banks The credit card itself is required to have an overdraft limit of 100,000 yuan to 200,000 yuan. Some banks allow cardholders with good credit to apply for a separate credit limit to purchase a car in installments.

Obviously, more and more banks across the country will launch credit card installment car purchase services in response to customer needs. There are China Construction Bank Dragon Card installment car purchase business, Bank of China "Car Loan Tong" business (only in Beijing area), China Merchants Bank "Car Purchase Easy" business, Minsheng Bank "Car Purchase Tong" business, Industrial and Commercial Bank of China Peony Card installment car purchase business, The installment car purchase business of some local city commercial banks, such as Hankou Bank, Ningbo Bank, etc.

However, each bank has its own threshold: China Merchants Bank requires a down payment of 30% of the remaining car payment before installment, while ICBC said it can pay in full. Some banks offer zero handling fees for some models. In addition, the installment rates for different car types and periods are different, and some banks only offer installment for designated car models.

That’s it for the introduction of how to apply for a car loan and credit card.