Wholesale Cars does not require a credit check for our Step 1 Pre-Approval process. We gather information like your new income, past repossessions and paid off accounts. Once you are pre-approved based on this information we then review our program with you and discuss our inventory based on the pre-approval information that you provided. Customers like this approach because they are not having their credit checked (hard pull) until they are ready to buy from us.
Once customers understand our program and are committed to purchase and financing, we do ask customers for their social security number to do a credit check to verify the information in Step 2 of our process, and ask for documentation like a pay stub. Keep in mind, credit score is a very small part of what we are looking at, again our focus is on net (take home) income, past repo's and any vehicles you paid off in full in the past. If you have any questions about this process, please do not hesitate to call us at 256-878-5000.
Acknowledgement and Consent: By submitting this application by clicking the button below, you: 1) Certify that the information in this application is complete and correct; and 2) You are a resident of Alabama and are applying for individual credit as a consumer and not for commercial purposes.
This pre-approval application is being submitted over a secure connection in order to protect from interception by unintended parties.
Pre-approval is the first step in obtaining financing with Wholesale Cars. Before delivery of vehicle, additional information will have to be gathered along with social security number to verify the information we obtained during the pre-approval stage. Pre-approval is based on the information customer supplies to us and does not guarantee financing, verification of information is required before vehicle loan can be approved.