Auto loan cross-question?? does a banknormally check the references if they are thinking of approving

does a banknormally check the references if they are thinking of approving someone? what i mean is i simply found out the bank is checking on my personal references does that suggest there is a good shot i could win the loan? i would think they would not even bother checking references if they are newly going to deny me right??

Answers:
Wrong, they are checking your references for two reasons, the first is to see if you lied to them and the second is so they will own a way to find you if you don't make your coup¨¦ payments on time.

Actually them checking your references is a polite sign. This means that they are thinking about it.

Auto nouns is what I do for a living.
They are checking your references in the event that you would stop paying, and or skip town. If the loan process is bright than they want to make sure that they can always find out where on earth you are. I would view this as a positive, you where not turned down, they are attempting to find out more of what brand of person you are. I would guess thumbs up and congradulations




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