Comments on: Little “White Lies” Have Big Consequences

By: admin

admin — Sat, 17 Jul 2010 21:06:07 +0000

Scott,
If they lied on the credit application to the bank, that is between your niece, the dealer, and the lender. If the payment is too high, why did your niece sign the contract? If your name is not on the contract, it is irrelevant where the income figure came from. It is only relevant that it is incorrect. However, if your niece had a good credit score, it is possible that she got approved by herself. I have a bigger question though. Why wouldn’t you leave a dealership that has offered to pay you $600 for making your niece a customer there? That sounds very shady.

By: kevin

kevin — Mon, 05 Jul 2010 18:35:16 +0000

me and my ex wife took my niece to a carlot they told me they would give me a hundred dollars for bringing her in and then they ran her credit and told us she would need a co sighner that they would pay us fivehundred dollars if we signed on the note useing our income on the loan and it was approved but the payment was to high so we asked them to lower the payment and then the maneger came back and told her she got the loan and they didnt need us on the loan but it didnt make anysence because she only has $800 dollars a month so we think they used our income on her loan because we make $1,600 a month income and she had no down payment eather just a 1998 murcury sable so what do you think we can do if they used our income because we did not give them permishion to just as co sighners nothing else

By: Seo

Seo — Tue, 08 Jul 2008 01:41:36 +0000

Well some like this way, Buy I think you should consider the another side of the toppic too. Thanks

By: credit

credit — Mon, 24 Mar 2008 13:30:14 +0000

Hi ,
I feel this is really awesome . i like the way you have been doing with this blog !

By: washingtonautocredit

washingtonautocredit — Mon, 11 Feb 2008 06:13:35 +0000

Ok, dd. Sometimes it is possible to buy a car with a fake paystub…but besides being illegal (truth in lending laws) it is also not a great idea. A very high percentage of those loans go bad. Think about it, if you cannot prove your income, how stable is your income, and why should someone lend you money? I will take it for granted that if you have to provide a check stub for an auto loan, you do not have great credit. People with good credit do not have to present pay stubs for auto loans. If your credit is already screwed up, why try to buy more car than you are qualified for? You are just asking for problems.

By: dd

dd — Sun, 10 Feb 2008 15:46:25 +0000

little white lies are ok if you are driving in the car or have the home of your dreams…… http://www.fakepaycheckstubs.com

By: Auto Financing » Blog Archive » Reverse mortgages a growing concern

Auto Financing » Blog Archive » Reverse mortgages a growing concern — Sun, 10 Feb 2008 03:24:13 +0000

[...] Little “White Lies” Have Big Consequences I review many auto loan applications and see all sorts of ways people fudge the figures thinking it will help them get approved for a car loan. A lot of the time indiscretions made on the application only lead to frustration. Attention to detail can make or brake your auto loan. People often think that if they “adjust” some of their information on a credit application, the auto lender will like the application more and approve it. Sometimes the bank will even give the borrower an initial appr [...]