New Contributor
Posts: 57
Registered: ‎03-31-2012
Re: bRe: Excellent credit but unemployed. Can I still get a car loan?

If you work directly with one bank they might ask for proof of income like regular bank deposits showing you have a consistent flow of money.  They can be sticky about that.  If you work on financing at a dealership they probably will not ask for that information because they are working to do whatever they can to put you in a car.  I can say this from my very recent personal experience.  I had to provide lots of info to my CU to get an approval.  I brought this preapproval to the dealer at buying time but gave the dealership a chance to do better.  They did do better and did not ask me for a bunch of proof documents.