Valued Member
Posts: 64
Registered: ‎11-01-2012

could it happen?

Is there anybody that ever had such a high credit score u didnt have to show a paystub for a car loan? Or could it happen?
On my way! $FG
Valued Member
Posts: 49
Registered: ‎10-27-2011

Re: could it happen?

It happens all the time. I managed a motorcycle shop in Florida for years. Had a guy walk in and want 2 choppers ($100k), pulled credit and he had a high of 800, GE would allow me to auto approve him (or anyone above a 720) without them having to take a look at anything.
New Contributor
Posts: 76
Registered: ‎10-02-2012

Re: could it happen?

I have financed 2 cars with VW Credit in the past 4 months with a score of 670, and never had to show a paystub or any other proof of income.

Posts: 193
Registered: ‎04-01-2012

Re: could it happen?

I was instantly approved with BoA online a few days ago and the woman said all she needs to see is my purchase agreement...and this is even after I put in "1 month" with current employer and was approved for the lowest rate (2.09% for 72 months) at the full amount I asked for. My score is 774 according to their Equifax pull though.

Starting Score: 583 (CreditKarma, 2009)
Current Score: 783 (Walmart Free FICO, March 20, 2012), 774 (Equifax, BoA Pull, 2/20/13)
Goal Score: 800+

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Established Contributor
Posts: 659
Registered: ‎09-12-2011

Re: could it happen?

I financed a brand new Acura at 0.9% for 60 months with American Honda Finance last August.  At the Acura dealership, I was prepared to provide paystubs since I've never financed through Acura/Honda before.  I pulled them out of my purse to offer them and the finance guy told me they weren't needed.  He didn't even look at them.  They pulled an EQ score of 777.


I think if your score is high or if you have financed through that lender previously with no negative marks, chances are that they won't want to see proof of income.  But as always, YMMV.

FICOs: TU08 841 10/6/14 per Wally; TU98 800 4/8/14; EQ04 769 6/8/14; EQ08 800 11/8/14; EX 805 6/12/14 per MyFICO

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Valued Contributor
Posts: 2,789
Registered: ‎10-10-2012

Re: could it happen?

In my many vehicle purchases/leases I have not had to show any form of income. And my scores ranged from mid 600's to high 700's. Never asked for anything. I have financed through Capital One blank check and dealerships.

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Frequent Contributor
Posts: 435
Registered: ‎03-19-2010

Re: could it happen?

[ Edited ]

I only make $23K / year and i didn't have to show any proof of income when i purchased my new car last month thru Hyundai with a 723 EX. 2 years prior when i tried to get a Corolla S they did want paystubs. I had high DTI and mid 600's score so maybe that was why.

~~In my wallet: Best Buy $10000, Dell Preferred $5500, Discover IT $5500, Chase Freedom $3000, Barclays NFL Extra Points $3300, Sears $2800, Bill Me Later $3000, CapOne Platinum $2000, Kohls $1500, Target $200, Rewards Visa $2300
Senior Contributor
Posts: 3,439
Registered: ‎11-30-2007

Re: could it happen?

I have NEVER had to provide a pay stub.

Regular Contributor
Posts: 226
Registered: ‎05-24-2012

Re: could it happen?

I have bought many many cars. I have had to show a paystub one time. This was when I bought a car 4 weeks post BK 7 Discharge. All other deals I have not had to show any proof of anything.

Established Contributor
Posts: 869
Registered: ‎07-04-2012

Re: could it happen?

Last 3 months of pays tubs with Dcu here.

Score mid 700s
Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

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