American General Finance
American General Finance is one way that you can get the financing that you need for those purchases that you want but can't afford. One of the big questions when it comes to financing is what the basic requirements are to make sure that you qualify. All lenders will ask you for specific information before they decide to give you any type of financing. Depending on what information that you provide you'll either qualify for financing or not. And even when you qualify at American General Finance there will be certain conditions on the financing that are based on your personal financial situation. American General Finance will ask for the following types of documentation to decide if you qualify for financing: o Financial statements for your personal finances. This will include your income, your debts, your assets, and whether or not you already have any other type of financing. o Financial statements for your business finances. If you have a business you'll be required to provide the lender with statements of your business finances even if you're applying for personal financing. This is because your business can have an impact on your ability to repay any financing. o Collateral. If you have any assets you'll be asked to disclose them. You may be required to put up collateral to secure any financing that you qualify for. Collateral can be in the form of (1) equity in your home, business, or vehicle, (2) any cash that you have available, or (3) any assets that you have in a business. The qualifying criteria at American General Finance will depend largely on what your assets and other debts are. Lenders are concerned that you're able to make monthly payments without defaulting on any of the financing or loans that you have in conjunction with the financing that you're applying for. If your credit rating shows that you're barely able to make the payments that you already have the chances are slim that you'll qualify for more financing. Or you may need to settle for less financing than you asked for if the lender determines that you're only able to pay back a smaller amount of money each month. Contact American General Finance for all your financing needs.