Carl Villaceran

Getting your auto loan approved can be hard especially for people who don't have an ITR. It's one of the major requirements by dealers and banks for them to provide the approval that can change your life when you're so done with commuting. Just like you, I have always thought that buying a car in cash is the only option for me to have one that's why when I first purchased a car, I got a repossessed unit from a friend and shelled out my entire savings which was P400,000. That huge amount would've doubled or trippled if I just knew that I can get an auto loan and just pay 20% for the down payment and use the remaining balance to put up a business. Just recently, I tried applying for an auto loan from my bank even though I know that the chances of getting approved is not that high because in their eyes, I don't have an employer and may not have the capacity to pay for the vehicle. I WAS WRONG My application got approved the following day an...