Ping An Pratt & Whitney car is not good.

1, high interest rate: Ping An Pratt & Whitney loan has a high interest rate. Because the car is used as collateral, the loan company will evaluate the loan risk and determine a higher interest rate accordingly. This causes borrowers to pay more interest charges.

2. Financial pressure: the lender failed to repay the loan on time and the vehicle was taken back. This will cause great financial pressure and inconvenience to the owner. Therefore, the lender needs to ensure a stable repayment ability to avoid losing the vehicle or further aggravating the debt burden.