Are there stated income auto loans?

I return to active duty at the end of this month. I haven’t had full time work for the last 6 months.
Is there anyone that gives stated income auto loans?
If I show my enlistment contract and Orders to return to active duty, will that increase my chances of a loan being approved?

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{ 3 comments… read them below or add one }

Common Sense January 27, 2010 at 5:11 pm

Not anymore. Lenders check and verify everything.

My Take on It January 27, 2010 at 6:08 pm

Nope

George January 27, 2010 at 6:36 pm

Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool – carquotes.fateback.com

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