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Old 06-12-2011, 07:43 AM   #1
mike25


 
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Credit pre approval

What info does this require? I can't remember and I'm at work right now and can't view full dealership site from phone.
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Old 06-12-2011, 06:33 PM   #2
Erik@VanChevrolet
 
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Generally you will need all of your basic info as well as Social Security #, monthly income, rent/mortgage payment, and any trade-in info. That will allow the dealer to run your credit and get a rough idea of what might work for you.

Good luck!
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Old 06-13-2011, 08:42 AM   #3
snizzle
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I'd go into negotiations already pre-approved by someone. It gives you a reference point should they offer you financing (and thus a rate).
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Old 06-13-2011, 11:10 AM   #4
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Quote:
Originally Posted by mike25 View Post
What info does this require? I can't remember and I'm at work right now and can't view full dealership site from phone.
Also dont do it more than 30 days before picking your car up. You will have to get re aproved again. I cut it very close with a factory order and made it by one day.
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Old 06-13-2011, 12:18 PM   #5
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Originally Posted by irocnroll View Post
Also dont do it more than 30 days before picking your car up. You will have to get re aproved again. I cut it very close with a factory order and made it by one day.
Check with your lending institution. Some have approvals that are good for 30 days others can be good for 60 days.

My CU approval is good for 60 days.

-Funk
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