questions about the blank check loan... - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

NightmareSS · 06-15-2009, 10:23 PM

ok...well i wanna get a jump on finding a loan being my car should be here in a month...i was just wondering what info do you need to bring with you when you go apply for the loan? i have peope telling me that you cant get a loan for a car until you have the car, which i know is not true since so many of you guys on the forum have done it...also, (and this is the tricky part) my co-signer(my grandfather) lives in florida and i live in new york...any1 know how this would work out? maybe getting the papers signed by him and notarized at a bank by him then mailed back down here?

thx in advance...

87irocz · 06-15-2009, 10:34 PM

I use Navy Federal with a preapproved check up to whatever amount you ask for. I had my wife cosign on on one of the loans. I just had her sign on the back of the check where it said for the cosignor to sign. Then, I took the check to the dealer and signed my signature as member/borrower once the check was filled in. The car was registered in just my name. You might want to check with your bank to make sure it is OK with them, but that is how I did it.

bigd1276 · 06-15-2009, 10:54 PM

I went through Capital One online. Very quick and easy. Took out a 72 month loan on $22,000, $356/month @ 5.20%.

http://www.capitalone.com/autoloans/...1_C1_03_T_ALNU

paulv7260 · 06-16-2009, 05:08 AM

Quote:

Originally Posted by bigd1276

I went through Capital One online. Very quick and easy. Took out a 72 month loan on $22,000, $356/month @ 5.20%.

http://www.capitalone.com/autoloans/...1_C1_03_T_ALNU

I did Cap One as well even though I didn't use it. 48 months at 4.89. Agreed, it was quick and easy.

Paul

nards444 · 06-16-2009, 07:19 AM

you can do an application anytime and get approved. They will just need your personal information, they might ask if you have VIN which you wont, then just put down the car type. Enter your Co-signers information. The signature thing isnt a big deal, if you start now you will be fine. The bank will send you the info, then you send it to your grandfather, so you will have lag time for the mail but if you start now you will be fine.

Jamie Mac · 06-16-2009, 07:27 AM

With penfed you can do it all online for the application. Just have him on the phone to get all his info. Check is good for 90 days so you can do it now and have the check in 3-4 days. We did a joint app but only my wifes name was on the check. She signed it for me but my name is the only one one the car. I was filling out the promissary note yesterday and realized it had a mistake in the vin. They are sending new paperwork. In the meantime I'm cruising in my car

NightmareSS · 06-17-2009, 05:25 PM

ok so just call up some banks and tell them my situation and they will send me paperwork or handle it over the phone...and jsut call my grandfather for his info...or do it online...sounds easy enough...o and about pen fed, my grandfather was in the navy...does that mean he automatically qualifies?

87irocz · 06-17-2009, 09:53 PM

Here is a link on how to become a member.

https://www.penfed.org/howToJoin/overview.asp

06-15-2009, 10:23 PM	#1
NightmareSS Drives: 2010 Camaro SS/RS 92 300zx 2001 Ram Join Date: Feb 2009 Location: Staten Island, NYC Posts: 1,388	questions about the blank check loan... ok...well i wanna get a jump on finding a loan being my car should be here in a month...i was just wondering what info do you need to bring with you when you go apply for the loan? i have peope telling me that you cant get a loan for a car until you have the car, which i know is not true since so many of you guys on the forum have done it...also, (and this is the tricky part) my co-signer(my grandfather) lives in florida and i live in new york...any1 know how this would work out? maybe getting the papers signed by him and notarized at a bank by him then mailed back down here? thx in advance... __________________

06-15-2009, 10:34 PM	#2
87irocz Intermediate Member Drives: 2010 Camaro SS/RS Join Date: Apr 2009 Location: Elberton, GA Posts: 78	I use Navy Federal with a preapproved check up to whatever amount you ask for. I had my wife cosign on on one of the loans. I just had her sign on the back of the check where it said for the cosignor to sign. Then, I took the check to the dealer and signed my signature as member/borrower once the check was filled in. The car was registered in just my name. You might want to check with your bank to make sure it is OK with them, but that is how I did it. __________________ VR 1SS/RS, LS3, Polished Wheels 1100 - 09 Apr 09.............4B00 - 2 July 09 3000 - 28 May 09............4200 - 22 July 09 3400 - 18 Jun 09.............Delivered - 9 Aug 09 TPW - 29 Jun 09

06-15-2009, 10:54 PM	#3
bigd1276 2017 HyperBlue 2SS Drives: 2017 HyperBlue Camaro 2SS Join Date: Jan 2009 Location: PA Posts: 2,137 View My Garage	I went through Capital One online. Very quick and easy. Took out a 72 month loan on $22,000, $356/month @ 5.20%. http://www.capitalone.com/autoloans/...1_C1_03_T_ALNU __________________ ] http://www.camaro5.com/forums/showthread.php?t=30755 2010 IBM 2LT RS......Traded for..... 2012 IBM 2SS RS......Traded for..... 2017 HBM 2SS

06-16-2009, 07:19 AM	#5
nards444 Drives: 1SS/RS Black Join Date: May 2009 Location: New york Posts: 2,123 View My Garage	you can do an application anytime and get approved. They will just need your personal information, they might ask if you have VIN which you wont, then just put down the car type. Enter your Co-signers information. The signature thing isnt a big deal, if you start now you will be fine. The bank will send you the info, then you send it to your grandfather, so you will have lag time for the mail but if you start now you will be fine. __________________ 2010 1SS/RS Black, CGM stripes, polished Rims, Tinted windows, Hurst shifter

06-16-2009, 07:27 AM	#6
Jamie Mac NCM-WINR Drives: 2010 SS/RS IOM 2014 2LT Stingray Join Date: Mar 2009 Location: Pittsburgh Posts: 2,324	With penfed you can do it all online for the application. Just have him on the phone to get all his info. Check is good for 90 days so you can do it now and have the check in 3-4 days. We did a joint app but only my wifes name was on the check. She signed it for me but my name is the only one one the car. I was filling out the promissary note yesterday and realized it had a mistake in the vin. They are sending new paperwork. In the meantime I'm cruising in my car __________________ also drives a heavily modified Jeep Wrangler. It has LED headlights and wheel weights blacked out with Plasti Dip. It's Baller.

06-17-2009, 05:25 PM	#7
NightmareSS Drives: 2010 Camaro SS/RS 92 300zx 2001 Ram Join Date: Feb 2009 Location: Staten Island, NYC Posts: 1,388	ok so just call up some banks and tell them my situation and they will send me paperwork or handle it over the phone...and jsut call my grandfather for his info...or do it online...sounds easy enough...o and about pen fed, my grandfather was in the navy...does that mean he automatically qualifies? __________________

06-17-2009, 09:53 PM	#8
87irocz Intermediate Member Drives: 2010 Camaro SS/RS Join Date: Apr 2009 Location: Elberton, GA Posts: 78	Here is a link on how to become a member. https://www.penfed.org/howToJoin/overview.asp __________________ VR 1SS/RS, LS3, Polished Wheels 1100 - 09 Apr 09.............4B00 - 2 July 09 3000 - 28 May 09............4200 - 22 July 09 3400 - 18 Jun 09.............Delivered - 9 Aug 09 TPW - 29 Jun 09

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