Why does the car dealer need my phone bill?
I went to the dealer to take advantage of a 0.9% APR promo rate. When the finance guy called me, he said I needed to bring a phone bill.
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Answered on Jul 15, 2021
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“One of the caveats of getting financing is verifying your residence. A utility bill, just like a phone bill, provides your proof of residency.
That’s all the dealer wants it for. It’s industry-standard, so don’t think too much of it.
Make sure you’re prepared with everything else the dealer might ask for.”
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