Ally Aaos Cover Letter Credit App
Ally Aaos Cover Letter Credit App
Ally Aaos Cover Letter Credit App
Bloomington, MN 55438-0901
Please return a completed copy of the attached application to:
Processing Center
Post Office Box 380902
Bloomington, MN 55438-0902
Or:
Fax# 866-619-8676
Please have the applicant complete the entire application. If the applicant is a business, please have the business
applicant:
Include a copy of the corporate resolution (This will indicate who can sign on behalf of the business)
Include a copy of the SS-4 or verifying document for Tax Identification Number
Complete the enclosed owner verification form
Upon receipt, we will review the application for completeness. If any information is missing, we will send a missing
information letter to the applicant stating what information is missing. Please note: Missing information could substantially
delay the process.
If the request for transfer is approved, we will call you and let you know. It is your responsibility to relay the approval
information to the applicant. In the case of an approval, a fee may be collected.
Please Note: The vehicle will be registered and titled in the state provided in the credit application’s address section. If
there are two applicants, and they provide different states, we will contact the applicants and inquire which state they
prefer.
If the request for transfer is not approved, we will send the applicant a notice with the reasons for our decision. Anyone
other than the applicant will not receive a copy of this notice, and we recommend you stay in close contact with the
applicant. Ally is not legally permitted to discuss any details of the credit decision with you. Once the processing of one
application is concluded, another applicant may apply for transfer of the vehicle.
Please note: Ally is only able to process one application at a time, so please ensure you do not have multiple applicants
submitting applications concurrently.
The applicant and/or co-applicant cannot apply to purchase the vehicle through a transfer of equity if they are already
obligated on the account they are applying for.
In addition, if the applicant is one of two or more parties on an Ally Financial lease account, please note the following
required documents for the following circumstances:
If a party on the lease is not purchasing the vehicle, a release letter from the party not purchasing the vehicle is
required. This release letter must be signed and notarized.
If the applicant is one of two or more parties on an Ally Financial lease account and is interested in exercising any of the
above options, please contact us for more information.
If you have any questions, please do not hesitate to call our toll free number listed below.
Sincerely,
Ally Financial
1-866-718-8019
Option 3 then Option 1
Application Type: Transaction Type: VIN:
Individual Business Retail Lease
INFORMATION───┐
APPLICANTINFORMATION───┐
Last Name (or trade name of business) First Middle Initial Suffix (Jr.) Date of Birth Soc. Sec. # (or Tax ID #)
Home (or business) Phone Number Type of Enterprise Type of Business Years in Business
Corporation Partnership
LLC Proprietorship Years Months
Present Address Zip Code City State
Alimony, child support, or separate maintenance income need not be revealed if you do not wish to have it considered as a basis for repaying this obligation.
Last Name (or trade name of business) First Middle Initial Suffix (Jr.) Date of Birth Soc. Sec. # (or Tax ID #)
Home (or business) Phone Number Type of Enterprise Type of Business Years in Business
Corporation Partnership
LLC Proprietorship Years Months
Present Address Zip Code City State
Alimony, child support, or separate maintenance income need not be revealed if you do not wish to have it considered as a basis for repaying this obligation.
Present Job Title Present Employer Employer Phone Number
See other side (2nd page) for important notices. By signing below, I certify that I have read and agree to the terms of this application including
terms on the other side.
Date Date
Applicant’s Signature Co-Applicant’s Signature
3071 JOINT 7/2010 (Joint Express Application) Copyright 2010 Ally Financial. All Rights Reserved. Version printed from ally.com
By signing this application, I certify that the information in my application is complete and true. I authorize the dealer, Ally
Financial, Ally Bank, a/k/a Ally Capital in Hawaii, a/k/a Ally Capital Corp. in Mississippi, Montana, New Jersey, and
Wisconsin, and a/k/a Ally Bank Corp. in New Mexico, to investigate my credit and employment history, obtain credit
reports, and release information about their credit experience with me. If an account is created, I authorize the obtaining of
credit reports for purposes of reviewing or taking collection action on the account, or for other legitimate purposes associated
with this account. I agree that you and any assignee of the financing contract or lease may monitor and record telephone calls
regarding my account to assure quality of service or for other reasons. I expressly consent to your using electronic or verbal
means to contact me by prerecorded or artificial voice messages, text messages, and/or automatic telephone dialing systems
using any cellular telephone number I provide, now or in the future, that I am authorized to use regardless of whether
charges are incurred. I consent to you contacting me by email to any email address I have provided or may provide in the
future.
CONSUMER NOTICES BY STATE
Notice to California Residents: IF MARRIED YOU MAY APPLY FOR CREDIT SEPARATELY AS AN INDIVIDUAL.
Notice to Maine, Rhode Island, and Tennessee Residents: You must have physical damage insurance covering loss or
damage to the vehicle for the term of any contract. For a lease, you must also have the liability insurance described in the
lease. You may buy this insurance from anyone you choose. You do not have to buy it from someone affiliated with the
dealer or an assignee of this contract. Your choice of insurance will not affect the credit approval process unless the
insurance does not satisfy the contract requirements or the insurance company does not satisfy the reasonable standards
of the dealer or an assignee of the contract.
Notice to New Hampshire Residents: If you are applying for a balloon payment contract, you are entitled, if you
ask, to receive a written estimate of the monthly payment amount for refinancing the balloon payment in accord
with the creditor’s existing refinance programs. You would be entitled to receive the estimate before you enter
into a balloon payment contract. A balloon contract is an installment sale contract with a final scheduled payment that
is at least twice the amount of one of the earlier scheduled equal periodic installment payments.
Notice to New York Residents: Consumer reports may be requested in connection with this application. Upon request,
you will be informed whether or not a consumer report was requested and, if it was, of the name and address of the
consumer reporting agency that furnished the report. Additional consumer reports may be requested with respect to any
extension or renewal of this obligation.
Notice to Ohio Residents: The Ohio laws against discrimination require that all creditors make credit equally available to
all creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon
request. The Ohio civil rights commission administers compliance with this law.
Notice to Rhode Island Residents: Consumer reports may be requested in connection with this application.
C. The following information for each individual, if any, who, directly or indirectly, through any contract, arrangement,
understanding, relationship or otherwise, owns 25 percent or more of the equity interests of the legal entity listed above. If no
individual meets this definition, please check “Beneficial Owner Not Applicable” below and skip this section.
Beneficial Owner Not Applicable
- For a person with a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), provide the
(SSN/ITIN).
- For a Non-U.S. Person without a (SSN/ITIN), provide a Passport Number and Country of Issuance. In lieu of a passport, a
Non-U.S. Person may also provide an Alien ID card number, or number and country of issuance of any other government-
issued documents evidencing nationality or residence and bearing a photograph or similar safeguard.
- If a Beneficial Owner also has managerial control, please check the applicable box indicating this.
D. The following information for one individual with significant responsibility for managing the legal entity listed above, such as:
- An executive officer or senior manager (e.g., Chief Executive Officer, Chief Financial Officer, Chief Operating Officer,
Managing Member, General Partner, President, Vice President, Treasurer); or
- Any other individual who regularly performs similar functions.
(If appropriate, an individual listed under section (C) above may also be listed in this section (D)).
Certified/ Agreed To
Signature Date