By signing below, Borrower and Guarantor(s) (individually and collectively, "Applicants") agree to and affirm the following:
Applicants request that Car Advisor Corporation assist with submitting this Business Credit Application to one or more independent dealers, banks, credit unions, finance companies, or other financing sources (collectively, "Financing Partners"). Car Advisor Corporation is an automotive intermediary and is not a lender. Submission of this application does not obligate Car Advisor Corporation, any dealer, or any Financing Partner to extend credit, approve a transaction, or offer any particular rate or terms.
Applicants certify that all information provided is true, correct, current, and complete. Applicants agree to notify Car Advisor Corporation of any material change in the information supplied, their financial condition, or their ability to perform any resulting obligation. Applicants authorize Car Advisor Corporation, participating dealers, Financing Partners, and their affiliates, successors, assigns, agents, and service providers to verify the information in this application; obtain consumer and business credit reports; contact employers, creditors, banks, trade references, and other financial institutions; obtain financial statements, tax returns, banking records, identity-verification information, and other information reasonably necessary to evaluate this application and prevent fraud, as permitted by law.
Applicants authorize Car Advisor Corporation to transmit and disclose this application and supporting information to selected dealers, Financing Partners, service providers, credit bureaus, and other parties involved in evaluating, processing, documenting, servicing, or completing the requested transaction. Applicants authorize those parties to disclose application status, proposed terms, verification results, and related information to Car Advisor Corporation for those purposes.
Applicants certify that neither they, nor to their knowledge any owner, officer, or manager, is a person or entity with whom the applicable parties are prohibited from doing business under sanctions administered by the U.S. Department of the Treasury's Office of Foreign Assets Control or other applicable law.
Applicants consent, as permitted by applicable law, to being contacted regarding this application and related account or transaction matters by telephone, email, or text message at the contact information provided. Consent to marketing is addressed separately and is not a condition of obtaining financing or purchasing goods or services. Standard message and data rates may apply.
A Financing Partner may require or file a UCC-1 Financing Statement only if separately authorized and legally permitted in connection with credit it extends. Car Advisor Corporation does not claim a security interest solely by receiving or transmitting this application.
Residents of California, Maine, Tennessee, New Hampshire, New York, Ohio, Rhode Island, and Vermont acknowledge the applicable state notices below.
TCPA disclosure for application servicing
NOTICE REGARDING EMAILS AND CALLS/TEXT MESSAGES: You agree that Car Advisor Corporation, participating dealers, Financing Partners, and their service providers may contact you about this application, a resulting transaction, or amounts you may owe, using any telephone number or email address you provide. Contacts may include calls, emails, or text messages and, where permitted by law and with any consent required by law, prerecorded or artificial voice messages or an automatic telephone dialing system. Message and data rates may apply. This servicing consent extends to lawful assignees and agents. You may revoke consent for a telephone number or email address by notifying the contacting party through a reasonable method it provides.
State notices
California Residents: Applicant, if married, may apply for a separate account.
Maine and Tennessee Residents: You must have physical damage insurance covering loss or damage to the vehicle for the term of any contract. For a lease, you must also have the liability insurance as described in the lease. You may buy this insurance from anyone you choose. You do not have to buy it from someone affiliated with the dealer or an assignee of this contract. Your choice of insurance will not affect the credit approval process unless the insurance does not satisfy the contract requirements or the insurance company does not satisfy the reasonable standards of the dealer or an assignee of the contract.
New Hampshire Residents: If applying for a balloon payment contract, you are entitled to receive upon request a written estimate of the monthly payment amount for refinancing the balloon payment in accord with the creditor's existing refinance programs. You would be entitled to receive the estimate before you enter into a balloon payment contract. A balloon contract is an installment sales contract with a final scheduled payment that is at least twice the amount of one of the earlier scheduled equal periodic installment payments.
New York Residents: In connection with this application, we may request a consumer report on you. If you request, we will inform you whether or not a consumer report was requested and, if it was, of the name and address of the consumer reporting agency that furnished the report. Additional consumer reports may be ordered without further notice to you in connection with any update, renewal or extension of credit granted.
Ohio Residents: The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.
Rhode Island Residents: Credit reports may be obtained in connection with this application for credit.
Vermont Residents: You authorize Dealer and any financial service provider with whom this application is shared, and each of their respective employees or agents, to obtain and verify information about you (including one or more credit reports, information about your employment and banking and credit relationships) that they may deem necessary or appropriate in evaluation your credit application. If your application is approved and credit is granted, you authorize the parties granting credit and/or holding your account, and their respective employees and agents, to obtain additional credit reports and other information about you in connection with reviewing the account, increasing the available credit on the account (if applicable), taking collection on the account, or for any other legitimate purpose.
