*Loan,banking and credit>>>bank checks

Why Is My Car Dealership Asking To See Cancelled Checks From The Bank?

I just financed a car and the dealership is telling me that more than likely the bank that is financing the deal will ask to see cancelled checks. I get paid with a handwritten check with taxes deducted and all that because I work for a small office. I鈥檝e signed the agreement and everything but I鈥檓 worried about being able to obtain the cancelled checks. Is this a make or break type of request? What if I can鈥檛 obtain that? Will the bank not finance the deal?

I take it they are wanting to see your cancelled paychecks- if so, they are just looking for another proof of income, since you do not have a bank account.

To be on the safe side, I would get them because there is a chance that the bank can nix the whole deal if they do not have all the paperwork. Signing all the documents does not guarantee anything- that part is just approval from you that you do want the car and will pay for it. The bank has the final say. Source(s): Work for Toyota dealership

a check stub should be good thay use it to see if what you say you make that you do make