"Can I say I make more than I do to get a car loan? "

"I have good credit, a good paying job, and no debt. I think that I should be able to qualify for a car loan to buy the car that I want, but I also think it may help if I made just a little bit more money. Is it ok to embellish a little on a loan application?"

“This is not a good idea. You have a better chance of getting a loan by telling the truth and even if you didn’t then it’s still a bad idea. The lender will catch the lie and then you will be denied the loan.
Lying on a loan application is considered fraud, which can result in criminal prosecution.
If you’re worried about approval on the loan, you still have options. You can buy a used car or consider leasing vs. buying.”
Johnny Puckett
Answered on Jul 26, 2021
Johnny Puckett is a freelance writer and automotive expert. He has contributed content to a number of some of the largest online publications, aftermarket automotive manufacturers’ sites, and automotive informational sites. His experience in the automotive and information fields informs his writing at Jerry. His automotive interests bleed into his free time, where he enjoys modifying his favorite cars and woodworking.

Did this answer help you?

Ask us a question by email and we will respond within a few days.

Have a different question?

You can meet us at our office and discuss the details of your question.

Read advice from car experts at Jerry

Easiest way to compare and buy car insurance

No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
Find insurance savings — it's 100% free