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Beijing Banking Association Reports Decline in New Auto Loan Interest Rates
1 week ago /
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Author：小编
Guided by relevant authorities, the Beijing Banking Association has promulgated the "Self-Discipline Convention for Automobile Consumer Finance Business in Beijing Area," which aims to lower interest rates on personal new car loans and credit card auto installment plans. In response, numerous banks have swiftly adapted their internal systems and pricing strategies, leading to a general decline in newly issued auto loan interest rates. This measure has effectively alleviated consumers' monthly repayment pressures, enhanced the affordability of car purchases, and invigorated the market.
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