It is difficult for some to access a car loan because of various reasons related to the information that the lending organization requests in the files to provide. Indeed, the documents to be presented for a car loan application contain all the information concerning the borrower, such as his family and personal situation, his sources of income, as well as his financial situation.
This information allows the lender to assess the situation of the borrower before granting the car loan or not. It is therefore recommended to present useful information on the application for car credit to have the odds on your side.
Information about your personal situation
In your file for a car loan application, your lender must know your personal situation through your proof of identity which must include a copy of your marriage contract, a copy of your identity card, as well as possibly a copy of divorce or separation judgment. Note that a credit cannot be granted to you if you are in a divorce situation, this is only operable after a decision has been made on your divorce.
In addition, other information is requested, in particular information on your domicile via a proof of domicile, as well as information on your assets using your property title, your property tax or your last three rent receipts and up-to-date payment certificates.
Information about your income
To check your ability to repay, the credit institution can ask you for information on your income thanks to the proof of income which must include your tax assessment, a bank account statement, your last three bank statements, the table d ” amortization of your current credits, the attestation of up-to-date payments, the latest salary slips, your employment contract, as well as possibly your Lite Lender and company statutes, your last 3 company balance sheets, your Urssaf declaration and your last 3 Urssaf certificates. Information to prove your regular situation is also requested and must include a canceled check to prove that you are not prohibited from banking.