You walk onto a car lot and even before you test-drive a vehicle, the salesman asks you to fill out a credit application. Why is he asking you to do this? And what should you do?
Dealers say that they are struggling to meet increasingly complex government demands for information about their customers. But at the same time, experts warn consumers about the growing threat of identity theft and shady sales practices. This situation can sometimes put dealers and customers at odds and lead to misunderstandings.