Quote:
Originally Posted by pylon
I have said it before, and I will say it again. If I lied, and cheated, to any single one of my customers, as much as I am lied to and cheated on a DAILY basis, by people that sit in my office. I would be in jail. I had one guy that lied to me on credit applications about his income, had his car repo'd and then turned around and claimed the application wasn't valid, and I botched the numbers to get them approved. A blatant lie. Try explaining that bs to one of your top lenders.
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The business in general is kind of to blame as we receive some dealership loans at my place of employment and it amazes me in general how often proof of income is outright waived for credit approvals, especially when approving 100% P/P financing on a used vehicle.
It's no surprise that people lie when the system itself often doesn't include checks.