Pre-approve Your Way to a New Car Deal
March 24, 2021 | CUNA | Auto Loans
Before you set foot on the car lot, get pre-approved for an auto loan at White Rose Credit Union. Getting preapproved for a car loan means you’ll know what kind of rate you’ll pay, and what size loan you’re qualified for.
If you have questions about how much car you can afford, or how financing works, one of our Senior Member Service Representatives will be happy to help.
To apply for preapproval, you’ll need to show:
- Name and address
- Social Security number
- Driver’s license number
- Employer information (name, hire date, gross income)
- Current housing information—monthly payment, time in current residence
- Debt obligations—current credit card debt, home association dues, auto insurance
Once you’re preapproved, you’ll receive a preapproval letter that you can take car shopping showing the amount you’re approved for.
Getting preapproved is a big advantage, as it shows car sales staff that you’re a serious buyer. It also removes the pressure of negotiating financing contracts at the dealership and allows you to focus your attention on finding the right vehicle. And, if you need another incentive, our low auto loan rates can get you on a faster track toward making your dream car a reality.
Learn more about our auto loans by clicking here or calling 888-755-9773. We’re here to help with all of your vehicle loan needs. April kicks off the start of our Auto Loan promotion, making it a great time to think about financing!