What If my own bank turned me down?

It happens. You applied for a loan with your bank, expecting to get approval to purchase a much-needed vehicle. However, instead of financing, you received a rejection letter. Take a deep breath—this isn’t the end of the road. If your bank turned you down for an auto loan, you still have options. Start by finding out why your bank turned you down. Then, with that knowledge in hand, consider your other options to get the vehicle financing you need.