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2. Here Are Some Advantages of Getting Auto Loan Preapproval

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3. 20 Questions You Need To Ask Your Car Dealer Before You Buy - AOL

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   The best way to get a great deal on auto financing is to have a pre-approved auto loan long before you head to the dealership. If you don’t have an offer in hand, the dealership won’t have any ...

4. Pre-approval - Wikipedia

   en.wikipedia.org/wiki/Pre-approval

   In lending, a pre-approval is the pre-qualification for a loan or mortgage of a certain value range. [1]For a general loan a lender, via public or proprietary information, feels that a potential borrower is completely credit-worthy enough for a certain credit product, and approaches the potential customer with a guarantee that should they want that product, they would be guaranteed to get it.

5. Pre-qualification - Wikipedia

   en.wikipedia.org/wiki/Pre-qualification

   In a mortgage context, pre-qualification denotes a process that has not yet been underwritten by the lending institution. Typically, subprime lenders will allow 50% DTI. . Common monthly debts used for calculating DTI are mortgage (or new mortgage payment), auto payment(s), minimum credit card payment(s), student loans, and any other common monthly or revolving debt that is on the applicant's ...

6. Car finance - Wikipedia

   en.wikipedia.org/wiki/Car_finance

   A direct loan is one that the borrower arranges with a lender directly. Indirect financing is arranged by the car dealership where the car is purchased. Legally, an indirect “loan” is not technically a loan; when a car buyer obtains financing facilitated by a dealership, the buyer and dealer sign a Retail Installment Sales Contract rather ...

7. Can you get a car loan after bankruptcy? Learn about your ...

   www.aol.com/car-loan-bankruptcy-learn-options...

   Find out how bankruptcy affects your auto borrowing eligibility, and learn tips to help you get a loan after filing. ... Find out how bankruptcy affects your auto borrowing eligibility, and learn ...

8. Loan origination - Wikipedia

   en.wikipedia.org/wiki/Loan_origination

   Prequalify (auto-decision) the application and return a quick response to the applicant. Typically this would be approved subject to stipulations, referred to the financial institution, declined (many financial institutions (FIs) shy away from this preferring to refer any application that can't be automatically pre-approved.)

9. Prequalified vs. preapproved: What’s the difference? - AOL

   www.aol.com/finance/prequalified-vs-preapproved...

   A mortgage preapproval is a letter or written statement specifying your maximum loan amount and the lender’s commitment to fund the loan if your financial situation remains unchanged.