Excuse me, is this the Auto Consumer Loan Center?
Yes. Is there anything I can do for you?
Could you tell me something about the terms and interest rates for personal automobile consumer loan?
The deadline is normally no more than 5 years with the interest adopted according to the corresponding lending rates announced by the PBC.
I plan to take the loan for 3 years.
Well, the yearly interest rate is 5.49 % for 3 years. I'm sure you are qualified to apply for this loan.
What about the loan repayment?
You may choose a repayment pattern by consulting with our bank, for example, payment of equal amount of principal or of principal and interest on monthly installments.
Does that mean I should deposit sufficient money to my account prior to the monthly payment date so that you can directly deduct the repayment of the principal and interest?
Exactly. You are permitted to effect and early payment in part or in full with the consent of our bank.
That's very thoughtful of you. Thank you so much.
You're welcome.