Any options for "Stated Income" loans?

azheman · 06-03-2008, 08:33 PM

Anyone have any suggestions for getting a "stated income" loan for an auto?

I'm trying to get a loan, but being self-employed I don't really have a great income on paper.

I'm only trying to apply for $11k for 48 months,when the car books at over $19k (2000 E55 AMG, 74k miles). I have perfect credit, so that's not the problem.

Anyone have a suggestion? most places like Capital One, HSBC, etc. won't do cars older than a few years.

Thanks in advance!!

Branden

amdeutsch · 06-03-2008, 08:41 PM

If you are self-employed why not go with the financial institution that supports your status?

06-03-2008, 08:33 PM	#1
azheman Newbie Join Date: Feb 2008 Location: Scottsdale, AZ Posts: 8	Any options for "Stated Income" loans? Anyone have any suggestions for getting a "stated income" loan for an auto? I'm trying to get a loan, but being self-employed I don't really have a great income on paper. I'm only trying to apply for $11k for 48 months,when the car books at over $19k (2000 E55 AMG, 74k miles). I have perfect credit, so that's not the problem. Anyone have a suggestion? most places like Capital One, HSBC, etc. won't do cars older than a few years. Thanks in advance!! Branden

06-03-2008, 08:41 PM	#2
amdeutsch Super Moderator Join Date: Sep 2002 Location: www.Traben-Trarbach.de Posts: 10,314	If you are self-employed why not go with the financial institution that supports your status? __________________

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