100% Approval...OAC? When I see used call dealerships with signs that read out "Nobody
Answers: no you are right.. nothing is missing
at 15 you are not liable for any contract you sign so no one will donate you a contract to sign. A loan is a contract
OAC = On approved credit... so "nobody who has OAC walks".
Oh and keep under surveillance out, you might get accepted for a 24% rate and terminate up paying U$400 a month for a used car
100% approval, but that usually means if you own bad credit you will get a 30% interest rate.
The OAC is usually what they put if you want to carry the car with 0 down, or a low interest rate.
If you are 15 you cant buy a motor because you cant legally sign a contract. They will approve you but you will pay a lot of interest if you own bad credit.
Hmmm...not sure... but if you aren't approved, then that money they are misrepresenting to you and you could probably sue. There have to be exceptions.example if you are under age or do not qualify because of no profession or fiancees....
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