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Auto/Car Loan Checklist
Auto Loan Checklist
Get organized before you apply.
- Amount you want to borrow
- Automobile information
- Vehicle selling price, year, make and model
- Vehicle trade-in value, year, make and model
- Down payment, if any
- Personal information
- Social security number
Lenders use your Social Security Number to access your credit record
which contains information about your income, debts, and credit
payment history.
- Proof of income
- Current mailing address and number of years you’ve lived
at this address.
This information will be compared against your credit record to
determine if your rent or mortgage payments have been made on time
each month.
- Employment information.
Lenders normally like to see that you have been with the same employer
for a few years, or at least in the same line of work, to demonstrate
career stability.
- Proof of driver license
- Co-applicant information (if applicable)
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