Frequently Asked Questions

Q: Will I get approved if I’ve had a repossession or Voluntary Surrender in the last 12 months?

A: Under the right circumstance, we have been able to secure approvals. It is more challenging, but this is where we go to work for you!

Q: Will I get approved if I am self-employed? If so how do you document your reported income?

A: Lenders often base their approvals on income that can be formally documented. Proving this income will be critical in giving you the best chance possible at gaining an approval. We encourage you to speak with us and review how you currently document your income.

Q: What kind of monthly income do I need to get approved?

A: Each lender has their own requirements, the benefit you have working with us is, we are experts at finding the lender that best suits your income profile. Let us do the heavy lifting here.

Q: Do I need a down payment?

A: Putting money down can reduce your interest rate, improve your chances of loan approval, and in some cases, may be required by the lender. We’ve often secured approvals with no money down, and we’ll always let you know if a down payment is necessary.

Q: Do you take trade ins? What if I owe money on it?

A: Yes, we would evaluate your trade and payoff, using the results to give you the best chance for an approval.

Q: Can I get approved for a second Auto loan?

A: We have received approvals for second auto loans, we will work with the banks while they evaluate your monthly income.

Q: Do you accept Individual Taxpayer Identification Numbers (ITIN)?

A: Yes, Individual Taxpayer Identification Numbers (ITIN) are fully accepted. We have many banks that use ITIN as a provable form of identification. Many times, lenders will also ask that the ITIN letter be accompanied with the ID itself.

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