August 8, 2024 at 6:15 am

If You Get Denied For A Car Loan Car This Salesman Has Some Advice For What You Can Do

by Matthew Gilligan

Source: TikTok/@shauonsellscars

Folks, if you’re in the car buying market, you’re gonna want to pay attention to what this guy has to say…because you never know what obstacles are gonna get in the way between you and your new vehicle.

A car salesman named Shauon posted a video on TikTok and talked to viewers about what they should do if they’re trying to buy a car and they get turned down for a loan.

Source: TikTok

Shauon started by saying, “You’re going to need a pay stub, you’re going to need a bank statement or the W2 from the previous tax year.”

He added, “You need to have an established score to get approved. But it’s not about what the score is. It’s about what’s behind your score.”

Source: TikTok

Shauon said that opening a credit-builder account to improve your credit score is a good idea if you get turned down for a loan.

He also advised viewers to have a 20% down payment ready to go if they want to get a new ride.

Source: TikTok

Check out his video.

@shauonsellscars

First time buyers this is for you #autoloans #carsalesman #freegame #dealershiplife #carsales

♬ original sound – Shauon Rogers

TikTokkers had questions for him…

This person spoke up.

Source: TikTok

Another viewer chimed in.

Source: TikTok

And this individual laid it all out…

Source: TikTok

Good luck out there!

If you liked that story, check out this video about a Dollar Store cashier who has had it with customers who argue over $4 products.