It's more difficult to finance a car with bad credit and non-taxable income because of the rules subprime lenders have concerning the source of your income.

A debt to income ratio is a calculation lenders use to determine if you have enough income to afford an auto loan, and they won't approve you if it's too high.

When you're self-employed and have bad credit, you can get a car loan in Seattle as long as you meet the income requirements and can show proof of income.

To buy a car with bad credit, you need to bring some essential documents to the dealership. Keep reading to find out more about what you need to bring in.

You can still get a car loan if your income is Social Security, but it can be more difficult if you have bad credit. Bad credit lenders have specific rules about earned and unearned income. Social Security, which is a type of unearned income, can cause complications if you have bad credit.

Self-employed persons in Los Angeles need to prove their income when they take out a bad credit auto loan. Without a computer-generated paycheck stub, you typically need to bring in multiple years of tax returns, and possibly even bank statements.

Child support income, like other types of non-taxable income, typically can't be used as a sole source of income when you're financing a car with bad credit. There are specific requirements that lenders have regarding income and employment, and the source of your income usually plays a role.

You can get a car loan based on income, not credit. The types of dealerships that do this are in-house financing dealers, also known as buy here pay here dealerships. BHPH dealers aren't like traditional or bad credit lenders, and the biggest reason why is that they use your income to qualify you instead of your credit.

Bad credit car loans come with different requirements than more traditional auto loans. Employment requirements are just one of the qualifications you have to meet when applying with a subprime lender. Expect these typical employment requirements for bad credit car buying.

The only way you can truly know if you can afford to buy a car with bad credit is by applying for a subprime auto loan at a dealership. Only they can tell you what you can get approved for, and then you can decide if you can afford it or not with some simple calculations related to your budget.