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Slippers

Proof of funds

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Slippers

Hi all

When supply proof of funds, my understanding is you need to show all accounts, credit cards etc. I still have a car loan in my name, does this need to be included? Then does the liability of the loan get offset against the asset when they look at your proof provided?

Or would it be better to sell the car to clear the debt?

Thank you! 

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poorguy

They really don't care about your debt. The main requirement is to show you have the minimum funds immediately available in your account. 

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