Pre Approve Auto Loan?
October 23, 2010 8:31 AM Subscribe
I was "pre-approved" for my auto loan by Bank of America, what does that mean?
posted by anonymous to work & money (7 answers total)
I am applying for my first auto-loan. I applied for the loan on Bank of America's website. I was "pre-approved" within a few minutes (with a great rate) and told a loan officer will call me on Monday to iron out the details.
1) What will the loan officer ask me on Monday?
2) Is there anything I should know before they call?
FYI: This is anonymous because I am terrified of releasing my financial details online.