Some motorists are very carefully prepared for the purchase of a car, because an expensive thing is purchased that will last for more than one year. Now the credit system is developing rapidly, and fraud is progressing with it.
Therefore, it is very important that the car is not pledged to the bank or is not considered credit property. Many people ask: “How to check a car for a loan?” There is nothing complicated about it, you just need to know some basic rules that will help you not to fall into the scammers’s bait.
How do scammers sell credit cars?
Most often, buyers first check whether the car is stolen, while completely forgetting to check the car for a loan or a deposit. So that later you will not be an unpleasant surprise, a summons from the bank, indicating that you have a huge loan debt, try to avoid such mistakes and check your car in all respects.
When you buy a car, the first thing that should alert you if it is taken on credit is the price. It will be much lower, and the mileage of the car will be small. Your machine will look like it was just off the assembly line. You may not notice any catch at all, because a car may have transit numbers.
Most likely, the person who cooperates with you will not be the owner of the technical passport. You will see the real owner only when the purchase and sale transaction is concluded.
The main signs that will tell you that a car is taken on credit
How to check a car for credit and avoid trouble? It is necessary to pay attention to the main signs, which may indicate that the car is in credit. As mentioned above, it will cost less, the owner will try to sell it as quickly as possible, but he will have low mileage. If you ask to provide all the necessary documents, you will not be able to show them for some reason.
In the event that instead of a technical passport you are provided with a duplicate, this may be a sign that they most likely want to deceive you. Those who are not associated with the banking sector are unlikely to know that the original technical passport is taken away by the bank until the loan is fully repaid.
Often, when ascertaining why a car is in perfect condition sold at such a price, scammers come up with stories with sick relatives or talk about the need to pay for a child’s education. Many have no doubt about such explanations.
Does the car have a credit history?
The car has it without fail. First of all, you can check the car for a credit history. To do this, contact the Central Catalog of Credit Histories. You will need the passport data of the owner of the car. If you were refused to provide your data, then most likely the car is in theft. You can offer the owner to contact this organization together, because honest people have nothing to hide. You can easily get all the necessary data at the dealership: there you can check not only the fact that the car was taken on credit, but also to find out if it is in the pledge.
How to check a car through the traffic police?
Some motorists are interested in how to check a car for credit in other ways. This can be done when processing documents in the traffic police. Please note that most fraudsters sell cars by proxy.
If there is a CASCO policy, then this may indicate that the car is on bail.Sometimes a large number of owners who are constantly changing, may also indicate a loan. But even if the documents are absolutely clean, you won’t be able to check the car’s credit history if it is secured by a pawnshop, because it’s almost impossible to find such information.
What is a wine code, and how to check a car for it?
You can check the car for a loan by the wine code. To do this, just use the vehicle identification number. So you can find out in which accidents the car was involved and fully trace its history, if any.
VIN is an index that is assigned to each car and carries all the information on it. For example, where the machine was made, in which year, and even in which factory. This code will help you learn facts such as:
- What public services did the car interact with?
- the car is pledged or in credit;
- how many times the car was officially sold.
The code should be in several places. Be sure to check it on the driver's door pillar and under the hood: a mismatch may indicate that, most likely, the car is not completely clean, so it should not be purchased at all. You can check the wine code through various sources. For example: traffic police, commercial offices that conduct checks on the code, through sites that collaborate with banks and credit companies.
It is worthwhile to understand that you won’t be able to get the personal data of previous owners, but you will find out everything you need to know about the car in sufficient quantities. To make sure that everything is in order with the machine, it would be better to check the wine code from several sources.
What is the state license plate number of for and why can I check my credit history?
You can check the car for a loan on state. number is also one of the most effective ways. Thus, you can determine the legal purity of your car. If the car, for example, has been deregistered, you will be able to check it using the old number. You should not hope that if the car is registered with the traffic police, then it is completely clean - scammers manage to falsify documents.
Not always the inspector can determine the legal cleanliness of the car. You can be completely sure of it if you buy a used car in the cabin. By the state number, you can determine the date of registration of the car, the fact of legal transactions with it, including loans and pledges, and all the necessary information about the owner.
To protect yourself from trouble, you must definitely ask how to check the car for credit. And the most important thing that remains to be done before buying a car is to put it into practice in your knowledge, because it is the key to your peace of mind.
