What's the deal with the "sure approval" ads?

[Piter]

Hi guys, maybe someone can shed some light on something that I've long puzzled over:

For new car loans, banks need proof of capacity to pay right? So what's the deal with those ads that say, "20 down, no docs needed, sure approval"?

What's the catch?

[j_avonni]

Pang "come-on" lang yan, so you would try them.

[theveed]

tapos irereject ka hehe

[woulfe27]

ok din yung iba, dabid. remember blacklisted ako sa mga major banks. but last year me agent na napa-approved ako sa ama bank for a car loan. di ko lang tinuloy hehe. pero di pwedeng no docs, ano yun candy?

[wrecker]

hmm, talaga maluwag pala sa AMA Bank... ako din may problem sa bpi di ako ma approve for anything pero sa ibang bank ok naman