Want to get approved for an auto loan in as little time as possible? We want that for you as well, but for applicants applying online with poor or no credit, it often takes longer than going down to the dealership and financing in-house. What ends up slowing down the process between clicking submit and actually driving away in your dream vehicle is getting the lender the necessary documents from the applicant. Below are some things you should have ready to go before you apply.
In the application, you are required to provide employment information such as the name of your employer and your net monthly income. A RIDES employee will be contacting you to verify this information so having recent pay stubs ready (or any other proof of income) will expedite your application’s approval process. At this time, we will also ask for a copy of your driver’s license, banking information, and we will occasionally ask for references. The sooner this information is provided to RIDES, the sooner the approval process will be completed.
Keep in mind that RIDES employees need to contact you somehow. Making sure all of the information you provide is accurate and up-to-date is vital. We require either a phone number or email, but providing both will ensure we are able to reach you in a timely manner.
After you submit your application, a RIDES employee will be reaching out to you within 24 hours (slightly longer if you apply on the weekend.) Please make sure you will have time in your schedule to speak with us when we contact you as we can often get you into the car of your dreams very shortly after.