What type of identification will you need for a bad credit auto loan?
February 5, 2008
12:34 pm
Here at Auto Credit Express, one of the things that we’ve noticed that often gets overlooked is the type of identification you will need to take delivery of a car…
A Valid Driver’s License
When you take delivery of a new or used car, you will need to present a valid driver’s license as proof of identification. The license needs to list your current residence (as stated on your credit application) and needs to be issued from the state for which you claim residence. The license also needs to be current (that is, it cannot be expired).
What Next?
The salesman will then make a copy of the license for the deal folder and then, depending upon the state, may then electronically verify the license with the state department of motor vehicles.
The Bottom Line
When you take delivery of your new car, whether through conventional or sub prime financing, make sure you bring a current, valid driver’s license with you. If you don’t, you will be unable to take possession of your new car. Here at Auto Credit Express, we want you “on the road” as smoothly as possible!
Are you a car buyer with a bad credit record? Here is your perfect breather. Now you can fulfill your dream of buying a car even with your bad credit history. You are just going to own the car of your choice.Once your loan is approved you should make sure that your credit score does not go below 450. 600 are the safest score. Your lender may ask you to provide security if it is an extreme case of bad credit.To find auto financing, bad credit auto financing, auto car finance, bad credit auto finance.
Comment by Marry James — February 6, 2008 @ 6:08 am