On of Katie’s wealthy foreign college students told her that he went to buy a car in Austin–no financing needed–and the dealer would not sell it to him without a credit check. Problem is, this foreign student does not have a social security number, which is necessary for the credit check. The student told Katie he was arranging to give the dealer the SSN of some relative who lives in the U.S.
Any idea why the dealer insists on running a credit check if the buyer isn’t applying for, uh, credit?
Categories: Odds and Ends