answersLogoWhite

0


Best Answer

States and municipalities establish business licensing laws. Generally the person applying for a business license will be subjected to a criminal and credit background check and will be required to post a security bond.

User Avatar

Wiki User

18y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do you need to have good credit to obtain a dealer license?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can someone at the age of nineteen without a car selling location get a auction license?

All of the good wholesale auctions are 'Dealer Only" meaning the person attending the auction must hold a valid dealer license. Most states require a 'car selling location' in order to obtain a 'Dealers License" Check with your local/State laws and Good luck I got my Dealers license when I was only 22


What if you have good credit no drivers license and want to finance for someone with a drivers license and horrible credit?

You can't. Its called a "Straw Purchase" and its illegal. It depends on the dealership and how bad they want the sale. They will be in direct violation of their dealer agreement with the bank and the bank can make the dealership buy the contract back if they find out what happened.


Free credit report with out credit cards?

Credit reports determine your credit score based on your credit card usage. Without a credit card, you'll be unable to obtain a credit report. If you are of age, it is best to obtain a credit card and use it responsibly in order to build good credit. Good luck!


Do you need good credit to buy a house?

Yes, in order to obtain a mortgage you will be required to have a good credit record.


How can you obtain credit from HSA bank?

"Almost any bank or credit union can be an HSA provider. In order to obtain credit, credit has to be in good condition. Check with your local bank or credit union for more information."


Is a credit score of 671 good in the eyes of a car dealer?

Of course, not.


Can you obtain a wholesale dealer's license with your home as your office?

Current law for most states says that you have a physical address as your business address in an area that is zoned and approved by the state for such use. Different states have different regulations on how to qualify for a dealers license. So its a good idea to check with your local DMV to check. But generally speaking once you have a license from any state then that license is good anywhere in the states.


Can I get a bank account with royal bank visa?

You can get a bank account with royal bank visa if you have a drivers license and another form of I'd such as a phone bill. You must also have good credit in order to obtain this card checklists your local credit report agency to confirm your credit score


What are the requirements to obtain a corporate credit card?

The requirements to obtain a corporate credit card can vary by the company. Most of the time you must have good credit and/or be working for that corporate for a long time.


Is it possible to obtain an aqua credit card with juat a fair credit score?

Yes, it is possible to obtain an aqua credit card with just a fair credit score, though it's easier if you have a good score.


Which of these is made easier by maintaining a good credit history?

To obtain a loan


Is 860 a good credit score?

the range is 300 to 850. how can 860 be obtain.