PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Do I need to fill out a credit application with the dealership if I don't use their financing?
I'm buying a car at a local dealership with a personal check and a check I got from my lender. When I arrived to pay for the vehicle, the dealer wanted me to sign a credit application. The salesman said it was standard procedure as part of the Patriot Act. Do I need to fill out a credit application if I'm paying a mix of cash and my own financing?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Many sneaky or underhanded dealers will cite the Patriot Act because buyers aren’t aware that this isn’t necessary.
The
dealer
then makes money by providing this information to lenders who will keep sending you information on refinancing or other loans. In your case, you did the right thing. The only time you are required to fill out a credit application is if you are seeking financing from the dealership.
If it’s really worth it for them to walk away from a deal, so be it. Another dealer will surely sell you a car with a 50%
down payment
and a check from a lender in hand.Don’t forget that your new car needs proper coverage. Use the free
Jerry
app to help you find the best deal. Jerry compares rates from the top 50 companies in under a minute, delivering the best deals to your phone.”View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies