What are the application conditions for flash loans in China? What application materials are needed?

Shenzhou Flash Loan is an auto finance product under the UCAR Group, which has been launched in cities all over the country. Many car owners can apply for loans through China Flash Loan. Not only the expected annualized interest rate is low, but also the loan amount is high. So, what are the application conditions for flash loans in China?

Application conditions

1. The borrower shall be a legal citizen of People's Republic of China (PRC) (excluding Hongkong, Macau and Taiwan Province Province for the time being);

2. The customer needs to own the vehicle, and the vehicle has no mortgage;

3. The vehicles involved must be non-operating vehicles, and the vehicles have no major accidents.

Required materials

Personal data required:

Second-generation ID card, household registration book, temporary residence permit (not provided by household registration in this city) and my bank card (debit card).

Required vehicle information:

Original motor vehicle registration certificate, original driving license, car purchase invoice, original compulsory insurance policy, commercial insurance policy, spare vehicle key.