There's no guarantee of tighter loan time.

Some banks said that sometimes the issue of the suspension of non-quality customers to apply for basic "No" after the "want to buy a car, but now car loans how so difficult?"　　"The scope of tightening of bank credit has spread from home loans to car loans, and many banks in Beijing have extended their approval time and even suspended them."　　Reporters yesterday as ordinary car buyers to call several banks, some banks said it can not guarantee the loan time, and some said to the mortgage assets review "strict", and some even said that even car loans were suspended. A state-owned bank credit officer told reporters that the car loan approval before 7 days can be done, and now about 15 working days. With credit tightening and limited lending, car loans can sometimes be issued and sometimes suspended.　　She then asked whether the journalist belonged to a civil servant, a lawyer or a financial institution, and if it was not a quality customer, the application for a car loan was "basically out of the question". Other banks also have signs of tightening. A joint-stock bank lender said the previous policy to attract car loans was a minimum of 50,000 yuan, not more than 70% to 80% of the total, with interest at a minimum of 90 percent of the benchmark rate. But now the price of the car to accept loans is not less than 200,000 yuan. "Commercial car loans are not able to answer, can not ensure the lending time."　　"Another state-owned bank lender said that since the end of last year, no longer accepted the car as a loan collateral, currently only approved property mortgages." Not only is the consumer loan tight, some bank credit card installment car also raised the car handling fee. According to reports, Ford Motor Guangzhou, a distributor said that the bank of China has informed the Distributor, the credit card by installments to increase the fee for car sales by 0.5% to 1%. Before that, the down payment for a car was 30%, one year, two years, three years of the phased process rates are 3%, 6% and 9% respectively, after the adjustment, the phasing of car purchase one year, two years and three years of the processing rates are 3.5%, 7% and 10%, but the down payment still keep the price of 30% unchanged.　　If buy 100,000 Yuan sedan, the down payment is 30,000 yuan, the loan 70,000, after adjusting the owner will pay extra 350 yuan to 700 yuan interest. The reporter learned that by credit card installment car, the threshold is generally lower than the bank commercial loans.　　But because credit card instalments do not require collateral and collateral, banks are relatively risky, so the usual rate for a single year of credit card payments is higher than the consumer loan rate.　　Yesterday, the reporter called a Ford car dealer in Beijing, although not an exact fee increase in the consumption, but the company's sales manager told reporters that currently in the car buyers, through bank loans and credit cards for the phased purchase of only 5%, the number is very small. In addition, some banks also halted such as housing decoration loans and other businesses. Industry insiders say this is mainly due to the tightening of bank credit lines.