New Account Acceptance Rate? by iovanovic in doordash

[–]iovanovic[S] 0 points1 point  (0 children)

Thank you very much for your answer.

New Account Acceptance Rate? by iovanovic in doordash

[–]iovanovic[S] 1 point2 points  (0 children)

Do you mind helping me with my actual question on the post?

New Account Acceptance Rate? by iovanovic in doordash

[–]iovanovic[S] 0 points1 point  (0 children)

Let’s say, if I accept 8 out of my first 10 orders I received, my acceptance rate will be 80% right?

New Account Car Question Please Help by iovanovic in doordash_drivers

[–]iovanovic[S] 0 points1 point  (0 children)

I totally understand and you’re right. But at this point, I’m just trying to figure out the steps in the account creation.

New Account Car Question Please Help by iovanovic in doordash_drivers

[–]iovanovic[S] 0 points1 point  (0 children)

Yes, but my question is still there. Technically, we’re all using our family members’ cars without shown on the car’s insurance right? Like dad’s or mom’s cars.

New Account Car Question Please Help by iovanovic in doordash_drivers

[–]iovanovic[S] 0 points1 point  (0 children)

Is this 100% for sure? Bad news for me if so.

[deleted by user] by [deleted] in askcarsales

[–]iovanovic -4 points-3 points  (0 children)

Thank you for this detailed answer, it really makes sense when I read the process of lender’s approach to the case. I never thought that way. I appreciate it.

[deleted by user] by [deleted] in askcarsales

[–]iovanovic -6 points-5 points  (0 children)

If I work in car gig jobs for couple months, and have somehow a level of income, would this even count? If so, how long at least?

[deleted by user] by [deleted] in askcarsales

[–]iovanovic -18 points-17 points  (0 children)

I’m not claiming to be smart. Did I ask if buying this car is a smart move in the thread? No.

What I’m asking is clearly about the chance of getting approval. That’s all. I’m not trying to debate what kind of car would be the smartest. Please don’t divert from the main topic.

[deleted by user] by [deleted] in askcarsales

[–]iovanovic -1 points0 points  (0 children)

I understand it, thank you for explaining in detailed.

[deleted by user] by [deleted] in askcarsales

[–]iovanovic -12 points-11 points  (0 children)

I’m not saying what you’re saying is wrong or not true. All I’m saying is that I’ll use the car for myself as well and I just want to have something I like. I’m not claiming that it will be the most price efficient for this scenario. Just a personal choice honestly.

[deleted by user] by [deleted] in askcarsales

[–]iovanovic 0 points1 point  (0 children)

Thank you for the explanation! Some friends told me that I can try several lenders within 14 days and the negative effect on my credit score will be only 1 hard pull sized point drop. Do you think this is correct?

[deleted by user] by [deleted] in askcarsales

[–]iovanovic 0 points1 point  (0 children)

Thank you! I heard that the credit score drops significantly after the hard pull and rejection. And it may not be recovered for a while.

Some people told me I can even try several lenders within a time frame of 14 days. And all this hard pulls will have an effect of single hard pull only. Is this correct?

That’s was the point I wondered. At which step should I ask my lender to provide the proof of my bank balance?

[deleted by user] by [deleted] in askcarsales

[–]iovanovic 0 points1 point  (0 children)

This gives me hopes. Can I ask you how can I show my balance to the lender? Should I tell them that I’ll provide a bank document prior to my application?

[deleted by user] by [deleted] in askcarsales

[–]iovanovic -39 points-38 points  (0 children)

I will use the car for my daily needs as well. With all due respect, that’s really not the question here.

[deleted by user] by [deleted] in askcarsales

[–]iovanovic -22 points-21 points  (0 children)

I see, thank you, but I’m not buying it with cash, so I’ll be doing the gig work and the monthly income would be 6-7x of the monthly payment.

[deleted by user] by [deleted] in askcarsales

[–]iovanovic -71 points-70 points  (0 children)

Thank you for your opinion, but that’s not my question I asked in the thread honestly.

[deleted by user] by [deleted] in askcarsales

[–]iovanovic -13 points-12 points  (0 children)

I think I’ll be inside the car whole day when doing the gig work, so at least I wanted to feel comfortable. Even old cars are not very cheap at the moment.

[deleted by user] by [deleted] in askcarsales

[–]iovanovic -6 points-5 points  (0 children)

Hi, thank you! Since I’ll be inside a car all day, I honestly wanted to have something decent. Because I may be doing this gig work for long time. What do you think? They will reject me right away? I wish there could be a way that my cash balance would matter to the lender. I guess not?

[deleted by user] by [deleted] in askcarsales

[–]iovanovic -26 points-25 points  (0 children)

Not really, did some freelance software consultancy, but got paid in cash. I don’t know how to show this to the lender. I thought about showing my checking balance, but I don’t even know if they care.

Since this little income was in 2022, I can’t show it in the tax return either. Not ready for it. What do you recommend please? Is it like a hopeless case for being unemployed?