by Anonymous on October 22nd, 2006

Anonymous

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I'm 19 yrs old, I have excellent credit, a full-time job...but I can't get a car loan because my job pays "under the table" and most banks need proof of income to provide financing. What can I do to get a car loan?

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  • by Anonymous on October 22nd, 2006

    Anonymous

    Your job pays "under the table"?? what does this mean? should the internal revenue service investigate you?
    If i were a bank, i would not give you a loan, either. you apparently, are dodging paying taxes.

    My suggestion: get an honest job, pay taxes, pay social security,like the rest of us and then, ask for loan money to buy a car.

    You are who you are. a new car loan is not yours, without deserving it.

    Get the creditials, then get the loan!

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  • by koldkanuck on August 11th, 2008

    koldkanuck

    You better hope uncle Sam doesn't subscribe to answerbag,he could subpoena AB's files to find out who you are.
    What do you mean by excellent credit? according to equifax or the fact you don't have any loan history?no history can be worse than bad credit.

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  • by FaerieWhings on January 23rd, 2008

    FaerieWhings

    Just because you have a job off the books does not mean that you are breaking the law. It's if you don't show income to the IRS that can be considered illegal (though there is even dispute if taxes are constitutional or not, but lets not go there). What you have to do is go to an accountant and have them help you file as an independant contractor (or something like that) and then you have income to show the banks. Chances are that you will have to pay taxes though.

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  • by scotty on August 12th, 2009

    scotty

    print your own payslips

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  • by ajb on May 13th, 2009

    ajb

    There are drawbacks to working under the table. Ya, you seemingly make more because there are no taxes and such. But should you ever get hurt on the job, bet your life that your employer will deny he ever knew you and you'll be financially screwed with doctor bills as L&I won't give you a dime.

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