“Get an auto loan from your bank then use that money to start a business”- financial advisor

[Bleed The Freak]

Get an auto loan with no collateral or verified vehicle purchase brehs

 

[BrothaZay]

Zero clicks.

Then why come in the thread

 

[Harry Sax]

Idk about that but I seen a bytch get approved for a auto loan, take that approval to another dealer, got another approval and took that to another dealer, and got 3 whips in one day

 

[5n0man]

Using your spouse as a private seller is fraud ?

It's extremely hard to get an auto loan from the bank to buy from a private seller. There's probably some type of fraud happening if you're doing that successfully.

 

[BrothaZay]

Idk about that but I seen a bytch get approved for a auto loan, take that approval to another dealer, got another approval and took that to another dealer, and got 3 whips in one day

This doesn’t make sense

 

[Harry Sax]

This doesn’t make sense

Maybe it didn’t go exactly how I explained it, but I seen it with my own eyes

 

[Bleed The Freak]

Get advice from Don Diego's school of finance brehs

Just provide your IP and bank routing for confirmation

 

[O.G.B]

It's extremely hard to get an auto loan from the bank to buy from a private seller. There's probably some type of fraud happening if you're doing that successfully.

Every year, millions of Americans turn to private sellers to buy their next car. Unlike most auto dealers, however, private sellers rarely offer financing. Private party auto loans can fill that gap.​

When buying a car directly from an owner rather than an auto dealer, your financing options can be limited. If you don’t want to pay entirely in cash, you might be able to get an unsecured personal loan – or you could consider a private party auto loan, which often has lower interest rates. As a result, a private party auto loan can be less expensive than a personal loan because the car serves as collateral. Here’s what you’ll want to know about private party car loans before you get started:

Private Party Auto Loans - What They Are and How They Work

 

[Field Marshall Bradley]

He’s basically saying apply for an auto loan

When the bank gives you the blank check for the amount requested, if you don’t cash it out it turns into a personal loan

That’s not how auto loans work unless that particular credit union on some other shyt

 

[⠀X ⠀]

go to jail for bank fraud brehs...

 

[5n0man]

Every year, millions of Americans turn to private sellers to buy their next car. Unlike most auto dealers, however, private sellers rarely offer financing. Private party auto loans can fill that gap.​

When buying a car directly from an owner rather than an auto dealer, your financing options can be limited. If you don’t want to pay entirely in cash, you might be able to get an unsecured personal loan – or you could consider a private party auto loan, which often has lower interest rates. As a result, a private party auto loan can be less expensive than a personal loan because the car serves as collateral. Here’s what you’ll want to know about private party car loans before you get started:

Private Party Auto Loans - What They Are and How They Work

Did you even read what you posted?


"When buying a car directly from an owner rather than an auto dealer, your financing options can be limited. If you don’t want to pay entirely in cash, you might be able to get an unsecured personal loan – or you could consider a private party auto loan, which often has lower interest rates."

 

[MR. SNIFLES]

This doesn’t make sense

YOU CAN DO THAT. YOU GOTTA BE CAREFUL THOUGH. YOUR BANK CAN CALL YOUR LOANS FOR IT THOUGH. THEY WILL DEMAND THE FULL LOAN IMMEDIATELY AND YOU'LL HAVE TO REFINANCE WITH ANOTHER LENDER.

YOU'LL LIKELY GET A REPO WHEN YOU CAN'T COVER.