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Automotive > Auto Dealers

Definitions of AutomotiveTerms and Phrases - When searching for that new or used car at your local car dealership, here are some terms and phrases that could be of some interest to you to know and understand.
http://www.car-finance-credit.com/cardealerterms.php
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At least $1,500 gross monthly income required for credit scores less than 625.
Chapter 7 Bankruptcy. 341 meeting of creditors must be completed.
Chapter 13 Bankruptcy. An Authorization to Incur Debt from the trustee is required.
Zero auto loan repossessions in the last year unless included in a bankruptcy.
Auto loan approvals are for buying a car direct from our authorized licensed car dealer lots.
Residents of USA and Canada at least 18 years of age.