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.

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.

It's easier to understand the reason higher-risk lenders have employment requirements if you know the three basic requirements they look for in an applicant – ability, stability and willingness to pay.

Subprime lenders will typically allow overtime pay to be added to an applicant's regular pay if it can be proven that the overtime pay exists and that it is consistent over time.

They're also called tote the note financing or your job is your credit car loans. But however it's worded, it refers to car lots where the dealer furnishes the car loans for the vehicles on the car lot.