GonnaChangeMyEvilWays Posted May 14, 2007 Report Share Posted May 14, 2007 Has anyone here applied through sites like Roadloans, HSBC Auto, Cap1 Auto, etc. and been required to send in pay stubs? How many pay stubs do they usually require?The reason that I ask, is that the DH and I are working on our credit in preparation to apply for an auto loan. He has several years with the same company and can supply many paystubs, but I just started a new job. We're thinking about me co applying with him in order to bring our income level up on the application. Would it be a problem if I can only supply 2 or 3 recent paystubs? Link to comment Share on other sites More sharing options...
VonAngel (aka EarthAngel) Posted May 14, 2007 Report Share Posted May 14, 2007 Most places require the most recent paystub (meaning just 1). If you need to know for sure, you can call customer service w/ each place and ask them a general question about that. Link to comment Share on other sites More sharing options...
GonnaChangeMyEvilWays Posted May 14, 2007 Author Report Share Posted May 14, 2007 Thanks for the quick reply, EarthAngel. Link to comment Share on other sites More sharing options...
mbingham666 Posted May 15, 2007 Report Share Posted May 15, 2007 Just a note from my experience (bought a car on friday).I applied everywhere for financing before going to the dealership.I had to fax most recent paystub and any that had bonuses.My fakos were TU -670 EX - 660 EQ 623, and the best i could find was Capital One for 12.95%.I decided to let carmax run my credit just to see, and BofA picked me up for 9.55%.I don't know if BofA is more relaxed, as I didn't apply for them beforehand, but I'd give them a look.(carmax pulled ex, BofA pulled TU) Link to comment Share on other sites More sharing options...
Osiris Posted May 15, 2007 Report Share Posted May 15, 2007 ^^^Did applying everywhere hurt your FICO score? I've always heard that too many inquiries are a negative on your report. Link to comment Share on other sites More sharing options...
mbingham666 Posted May 15, 2007 Report Share Posted May 15, 2007 For now, until the loan posts to my CR's, then all the inquiries will be scored as one. Link to comment Share on other sites More sharing options...
GonnaChangeMyEvilWays Posted May 15, 2007 Author Report Share Posted May 15, 2007 We're still a little bit away from applying for an auto loan, because I want to get a few more baddies off, but I'll keep what you said in mind. Thanks for the wonderful advice. Link to comment Share on other sites More sharing options...
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