In addition to the normal documentation requirements for car loans such as proof of insurance and a valid driver license, there are instances in which lenders ask for additional items that are known as “stipulations” or simply “stips”, for short.
These items can range from a list of references to bank statements. Several factors determine what a lender may need and no two loans are the same so you should always be prepared to provide these items when applying for financing.
But this is not your traditional car buying experience. Yes, we know. You can’t just pull them out of your wallet or purse. So we try to make it even easier for you. Just point and click and submit. How easy is that?