Why do I need to provide social security certificates to buy a car?

One: social security card can't borrow money to buy a car, which is one of the procedures required by the bank. It is only to prove that the borrower has a stable income and repayment ability, and it cannot be used as a separate proof of whether he can borrow a car.

Two: proof of income is one of the necessary procedures for loans. If you can't provide proof of income, you can't prove your repayment ability, and 100% loan can't pass. In fact, social security is not the key factor in the loan process. Without social security, you can borrow money to buy a car. There are generally three mortgage ways to buy a car by loan, namely, auto financing company, intermediary guarantee and bank loan. Car buyers with loan intentions can choose the corresponding loan method according to their repayment ability. Among them, the requirements for bank loans are slightly higher, but some bank loan products do not need social security certificates.