Buying a New or Used Car or Truck? Here Are Some Loan Application Tips

So you’re buying a new or used car or truck? You need to fill out a car loan application? Well let me just tell you it is critical that you provide accurate, honest information no matter if you complete the form online, at a bank, or at a local Dallas Chevy dealership. If you don’t it could result in your application not being processed correctly and it may prevent you from getting a car or truck loan.
It is imperative that you give the correct information. Some people mess this up. Below are the most common mistakes made when filling out a car or truck loan application.
1) Social Security Number – If you do not put the correct social security number down How To Haggle For A Used Car From Dealer your application can’t be processed because your information will not be found.
2) Income Information – You must report all of your income like salary, alimony, social security benefits, money earned from other jobs, Best Car Marketing Campaigns 2017 etc. If you mistakenly under report this could cause your application to be deemed possibly less desirable by the potential lenders.
3) Email Addresses – Make sure that you put down a valid email address if you are filling out your application online. Failure to do so could result in your missing important information regarding your loan status.
4) Phone Numbers – It’s a common mistake to fill out the wrong phone number for home or work. If you don’t have a work or home phone make sure you give a cell phone number etc. It’s important that you give them a valid phone number so the loan company can get ahold of you.
5) Credit Score – Before applying for a car or truck loan you should know your credit score. You need to be prepared to discuss your situation with the dealership and/or potential lender. If you do not know your credit score you can get your free report once a year.
If you can think of anything I missed send it on over to me. I’ll add it to the list!

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