Documents You’ll Need to Apply for a New Car Loan at our Schaumburg Alfa Romeo Dealership

October 6th, 2019 by

When they contact our Schaumburg, IL Alfa Romeo dealership, some drivers ask us what they’ll need to apply for a loan to buy one of the vehicles in our new car inventory, such as the 2019 Alfa Romeo Stelvio. 6

If you apply for an auto loan through our Alfa Romeo dealership, you’ll work with our finance experts, who will review your credit score and help you complete your loan application. Before we submit your application and our notes to our network of trusted lenders, we’ll need to review some documents.

For starters, we’ll need to see proof of your identity. We don’t ask for an ID just so we can see a bad picture of you. We ask to see proof of your identity because federal law requires us to see evidence of who you are before we can process your loan application.

In addition to a government-issued ID, we’ll also need to see proof of your residence and your income. A recent utility bill or mortgage statement will usually suffice as proof of where you live. A few pay stubs are normally enough to prove your income. If you’re self-employed, we may need to see your federal tax returns from the past year or two to verify your income.

Now that you know what documents you’ll need to bring, we invite you to visit our Alfa Romeo finance center near Highland Park, IL to apply for an auto loan so you can buy one of the luxury models in our new car inventory as early as today.

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