Why was hyper sonic cancelled?

Why Is My Car Dealership Asking To See Cancelled Checks From The Bank?

• I just financed a car and the dealership is telling me that more than likely the bank that is financing the deal will ask to see cancelled checks. I get paid with a handwritten check with taxes deducted and all that because I work for a small office. I’ve signed the agreement and everything but I’m worried about being able to obtain the cancelled checks. Is this a make or break type of request? What if I can’t obtain that? Will the bank not finance the deal?

• Answer:

  I take it they are wanting to see your cancelled paychecks- if so, they are just looking for another proof of income, since you do not have a bank account. To be on the safe side, I would get them because there is a chance that the bank can nix the whole deal if they do not have all the paperwork. Signing all the documents does not guarantee anything- that part is just approval from you that you do want the car and will pay for it. The bank has the final say.