Monday, October 26, 2009

Can I get a car loan, with very good credit, and yet while being self-employed for under two years?

I currently work as a real estate agent, and I'm looking to get financing for a used car. My credit score is very good, and yet I have only been an agent for 6 months... is there a chance since I can't document my income traditionally... ?



Can I get a car loan, with very good credit, and yet while being self-employed for under two years?

If you've been self-employed for any period of time you'll have to show verifiable income (from whatever source) by 1099s, bank statements showing deposits that verify your income, etc. There are lenders that will help you. If your credit score is very good you may not have to verify your income, it will depend on the bank. Buy through a dealer with a strong finance department, go to your personal bank, and make them work for your business.



Can I get a car loan, with very good credit, and yet while being self-employed for under two years?

try putting the real eastate company that your work for down, Also a bank statement might help, usually a tax return is sufficient, but being only six months isnt an option. Try the bank statement and see if the compnay you sell real estate for might back you.



Can I get a car loan, with very good credit, and yet while being self-employed for under two years?

Should not be a problem with strong credit depth.



Do yourself a favor and run from any dealer that wants you to lie about your length of employment on your credit appilication.



You will probably be required to provide your tax returns for one or more years to document your income.



Can I get a car loan, with very good credit, and yet while being self-employed for under two years?

YOU SHOULD HAVE NO PROBLEM BECAUSE WHAT I HAVE SEEN DONE IN THE PAST IS THAT THE BANK OR THE CREDIT UNION WILL USE AN AVERAGE FOR YOUR INCOME ALONG WITH YOUR VERY GOOD CREDIT HISTORY.



GOOD LUCK AND BUY WELL.



Can I get a car loan, with very good credit, and yet while being self-employed for under two years?

I have tried it myself, here is some good informations.http://carloan.featured-resources.info/c...

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