Thread: Proof of Income
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      09-04-2009, 09:48 AM   #14
IrvRobinson
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The reason proof of income is asked for is because the person doesn't have high car credit or doesn't have a mortage.They might also ask for a larger down payment.I had a customer put down 50K on a 63K purchase and they still asked for a job letter since they were a ghost ( very little credit history ).
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