What kind of car can I buy?
We can guarantee a loan approval on a new or pre-owned vehicle. With more than 600 new and pre-owned vehicles available, you are sure to find one to fit your needs and budget!
I’ve lived at my present address for only 6 months. Is that okay?
Yes. You must have lived at your address long enough to have received a bill, such as phone or utility, in the mail.
How long must I be at my current job?
You must have worked long enough at your job to provide two consecutive pay stubs.
What documentation do I need to provide to get a loan?
You must show proof of the following:
- gross monthly income of at least $2000
- residency, via a bill in your name at that address
- a valid New York driver’s license or State Issued ID
- insurance for the car you wish to buy
- five references
- a down payment (if required)
Do I need a co-signer?
No, you don’t need a co-signer if you have all the information noted in the previous answer. If you make less than $2000 per month, you will need a co-signer.
How does this help my credit?
Establishing credit with on-time payments, via a car loan, can improve your credit rating each month by about 8 points. This assumes that you are also paying other debts and bills, such as credit card and utility bills, on time.
Who decides how much I can spend on a car?
The bank will determine your maximum monthly payment.
How long does it take to get the loan?
With a completed credit application and proper documentation in hand, we will get your bank approval, in most cases, within 10 minutes.
Do you take trade-ins?
Yes, we take trade-ins. You must have title or valid bank payoff information.
Do you really give special treatment to people with bad credit or no credit?
We treat all of our clients with courteous, friendly, and professional customer service. We want to earn your business. Just because you have credit challenges, it doesn’t mean you don’t deserve excellent service. If you have been treated badly elsewhere, expect a difference here.
Can I choose my own car?
Yes, you may select the car of your choice. Keep in mind, however, that lenders may not approve you for all vehicles. They can refuse to finance certain ones that they consider high risk.
I am self-employed. Do I still qualify?
Yes. You must provide three consecutive personal bank statements that show regular deposits in your name and a copy of your previous year’s tax return.
I’m on disability. Do I qualify?
Yes, you qualify, if you make at least $2000 per month and can prove your income with an award letter or bank deposit statements.
How much do I need for a down payment?
If you need a down payment, we will not know how much until your approval has been completed and a vehicle has been selected.
Is everybody really approved?
If you make at least $2000 per month and can prove it—and can provide the previously mentioned documentation—YOU ARE DEFINITELY APPROVED!