BMW Financial Approved

[gemmabell86]

I just don't understand. I probably can't even get approved for a Civic, let alone a BMW, and I've never filed BK. How the HECK do you get approved without showing proof of income?!

 

WTF?

 

With a good credit and job history.

 

I purchased a 2012 Silverado 1500 LT Crew Cab for $33,000(a little more than this BMW), no proof of income required and only put down 2 grand. I'm 24 with no other auto loans and only got my first credit card 2 and a half years ago.

 

"With a good credit...history"

Isn't filing for bankruptcy the exact opposite of good credit history?

[pureadrenaline]

I just don't understand. I probably can't even get approved for a Civic, let alone a BMW, and I've never filed BK. How the HECK do you get approved without showing proof of income?!

 

WTF?

 

With a good credit and job history.

 

I purchased a 2012 Silverado 1500 LT Crew Cab for $33,000(a little more than this BMW), no proof of income required and only put down 2 grand. I'm 24 with no other auto loans and only got my first credit card 2 and a half years ago.

Are they prime cards?

 

Sent from my HTC One X using Tapatalk 2

 

I have three,

1st:Orchard bank threw HSBC (soon to be cap1) 2.5 years ago. $300 limit.

2nd:Bestbuy threw HSBC (soon to be cap1)1.5 years ago. $300 limit.

3rd: An over the limit credit limit threw my credit union 6 months ago. $300 limit.

 

The truck was purchased threw Ally(formally GMAC) for 6.9%, which based off my limited credit history I felt was fair.

 

"With a good credit...history"

Isn't filing for bankruptcy the exact opposite of good credit history?

 

I'm sure it would be, fortunately I have never been in the position where I needed to file for bankruptcy.

Edited September 21, 2012 by pureadrenaline

[hegemony]

I just don't understand. I probably can't even get approved for a Civic, let alone a BMW, and I've never filed BK. How the HECK do you get approved without showing proof of income?!

 

WTF?

 

I've financed many cars, including two BMWs and have never been asked to prove income.