The one thing faster than a Gusto approval 🏎️💨
|
Gusto Finance
A flawless credit history is a powerful tool, but it is only one piece of the puzzle. If you want to get a loan, you also have to prove you have a stable income. For most major banks, stable means you have been working full-time at your current job for at least 3 to 6 months. If you are in your probation period, they will often just decline your application. But what if you need the vehicle now? This week’s case study shows exactly how knowing specific lender policies can save a deal, even if...
When you are trying to buy your first proper car, the standard advice is usually to shop around for the best deal. But in the finance world, blindly shopping around can actually destroy your chances of getting approved at all. This week’s case study follows a young customer who fell into this trap, tanking his brand-new credit score right before he found his dream car. Here is how we navigated a bruised credit file, and an older vehicle, to get the deal done. Get a Quote Customer of the Week...
Last week we saw a fast turnaround in a customer’s credit score that allowed them to secure the finance they needed. Unfortunately, self employed business owners can struggle to get the same trajectory in their road to redemption. Lenders can be less forgiving about past mistakes, even if your business is doing well and the blemish is small. This week’s case study is a perfect example of what happens when a high-earning business owner hits a wall due to old defaults. The good news is that...