Auto-loan?

My husband and I have been looking around for me a car but, his credit isn't that great. Mine is good, but I don't have a job. We went to a dealer about an hour away and instead of picking out a car first, we decided to go ahead and see if we could even get approved for a loan. We jumped past the salesperson and saw a 'loan specialist'. She pretty much lied on the application, saying I worked for a privately owned business and got paid cash for my work. I ended up getting approved with only $1,000 down. I have not gone back to pick out a vehicle or sign anything because I'm not sure how much I'm approved for but, anyway, Is that illegal, to lie like that?





I really need a car but, I don't want to have a court case on my hands in a few months down the road.

Auto-loan?
This is a common practice but is one that has led to the recent credit crisis in American economics in the housing market. Loan specialists lied to get people into homes that they no longer can afford. This happens in the automarket also. In the area I live the median income is very low and most people would not qualify for a loan if their income was not "spiced up." I know for a fact that the loan specialists do this to qualify them. Is it illegal? It would seem at least unethical. I would not sign a form that listed that on it if it weren't true. If it is something that they do internally, then that is their problem but if it is on a document that you must sign, I would pass. It is falsifying a document.
Reply:That b is the reason people lose houses and cars. They give people loans they cannot afford, using sales techniques. I hope she loses her job and has to eat at the soup kitchen.