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Tuesday, May 24, 2011

Questions That Come Up When Using Auto Loans

When you are looking into using auto loans through pcautoloans.com to help you purchase a vehicle there are a couple of questions you may ask.

Do auto loan companies call and verify employment? The answer is yes it just depends on the lender that has agreed to offer you an auto loan. Someone has to verify the status of your employment even if its the dealership themselves.

What is the debt ratio for car loans? The answer is that most lenders require that you have at least 50% disposable income left over after you close your car loan.

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