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Go to a bank and tell them you want a car loan and you want to work it out with them ahead of time so you know what your budget is. They'll tell you everything else you need to know.

ANSWER 2

before stating applying process for the car loan approval you should check you credit history.your credit history should be good.

shop around for car loan lender,banks,credit unions.check their car loan rates.compare them and go with the best.

when you go with your car loan pre approval you lender want to know about your financial status.for that he must ask for following documents prepare all documents as soon as possible.

1 bank account statements

2.tax returns

3.credit car statements

4. permanent stable residence proof.

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13y ago

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What is a pre-approved car loan?

A pre approved car loan is a loan where the car dealer or banks have already run your credit. They have determined how much money they will lend you and what you can afford to buy.


Is the loan pre-approved for me?

Yes, the loan is pre-approved for you.


If you're pre-approved for a loan does that mean that you get it?

Being pre-approved means that if you apply for the loan, you will get it.


Have you been pre-approved for a home loan?

Yes, I have been pre-approved for a home loan.


Have you been pre-approved for a mortgage loan?

Yes, have you been pre-approved for a mortgage loan?


How and where do you get pre-approved for a used car loan?

Call a lender, tell them how much you want to borrow and what type and age of car you are looking for. They will take some financial info and tell you how much and at what rate they will loan you. It's very easy to get pre approved for used car loan there are many online sites provide pre approved car loan you have just fill out small form and their officer will contact you within 48 hours about your approval status.


Have you received a pre-approved loan check in the mail?

Yes, have you received a pre-approved loan check in the mail?


Which car websites claim to give a pre approved car loan?

There are varying websites offering car loans. The likelihood of a pre-approved one may only be obtainable from some credit unions or banks if you know what car you are ready to purchase.


What does it mean to be pre-approved for a loan?

Being pre-approved for a loan means that a lender has reviewed your financial information and determined that you are likely to qualify for a loan of a certain amount. This can help you know how much you can borrow before you start looking for a home or car, making the process smoother.


What are the benefits of having pre approved car loans?

Having a pre-approved car loan provides the benefit of being able to shop for a car without having to worry about whether or not you will be able to fund the purchase and how much you will be able to borrow. Most pre-approved car loans give you a price limit of which you can purchase any vehicle beneath.


How can I apply for a pre-approved loan?

To apply for a pre-approved loan, you typically need to contact a lender and provide them with your financial information for them to assess your creditworthiness. The lender will then determine if you qualify for a pre-approved loan based on your financial history and credit score.


Can I apply for a pre-approved house loan?

Yes, you can apply for a pre-approved house loan if you meet the lender's criteria and provide the necessary documentation.