Credit systems are now being extended to our daily lives, and credit records are becoming increasingly important. Many, however, remain under debt stress even though the letters are clear. So, if the letter is okay but there's a liability, can you borrow a car? This is an issue that needs to be analysed from multiple perspectives。

Do you have a debt to pay

First, we need to make it clear that car loans are not charity from banks or loan companies, but are credit loans. At the heart of the loan is the credit issue, and although the car is used as collateral, the final approval of the bank depends on the credit of the individual。

If you have a good credit record, no overdue or outstanding, then a bank or loan company will consider you a creditworthy borrower and will be willing to give you the opportunity to apply for a car loan. In this case, your liability will not be an obstacle to applying for a car loan。

But if your credit record is not good, even if you don't have a overdue or outstanding record, the bank or loan company will think you're a high-risk borrower and won't give you the chance to apply for a car loan. At this point, your debt becomes a very important factor. A large amount of indebtedness will reduce your loan capacity and make it more difficult to apply for a car loan, while increasing the risk of your interest rate and the amount of the loan。

Therefore, if you have a good credit record and the level of indebtedness is relatively low, you can try to apply for a car loan. However, if your credit risk is high and the level of liabilities is high, the difficulty and risk of applying for a car loan will increase accordingly。

In addition, the approval criteria for different loan companies and banks are different. Some loan companies or banks do not pay too much attention to the level of personal indebtedness and as long as you have a good credit record, they will review the loan application through you. Some lending companies or banks may be more focused on the individual ' s debt situation, so you need to choose a loan company or bank that fits your own circumstances in order to be successful。

Anyway, the letter is fine, but is there a debt to borrow? The issue is not very clear and needs to be judged on a personal basis. If you have a good credit record, have a low level of indebtedness and have chosen the appropriate loan company or bank, then you are likely to successfully apply for a car loan。