If you have credit problems and rely on self-employment income, most subprime lenders will require that you prove what you make by showing them your tax returns.

If all or part of an applicant's income doesn't appear on a W-2 statement, this can adversely affect their auto loan application especially if they have bad credit.

Both private and SSI disability income is usually an issue with any car loan but it’s an even bigger problem if the buyer has tarnished credit. For most borrowers in this situation, the only alternative is a buy and pay here, tote the note, dealer that offers in-house financing.

Some subprime lenders will allow income from a part-time job to be added to an applicant's regular income.

If you have two jobs, you can combine the income on the application provided it is received on a regular basis and it can be proven with documentation such as paystubs or bank statements. But since not all subprime lenders will allow this type of income, applicants will need to explain this circumstance to the dealer during the initial interview.

Consumers responsible for making child support payments as well as those who depend on this type of income should know how these situations, especially if they have poor credit, could impact their chances of an auto loan approval.

Even with really good credit it's not always easy getting approved for a vehicle loan if some or all of your income is from disability or SSI payments. It's even more difficult if you're applying for a problem credit auto loan.

Although it may look similar, an ITIN is not a Social Security Number. Since anyone with an ITIN is not eligible for an SSN, these consumers are also not eligible to take out a loan here in the U.S.

While the best things in life are not always free at least in this case it happens to be true even for car shoppers with problem credit that want to know where they stand before applying for an auto loan.

Car shoppers with less than perfect credit that get paid under the table often don't understand why this practice might prevent them from getting approved for high risk car loans.