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.

If you have two jobs and bad credit, you may still be able to get a car loan if you can meet a lender's income and employment requirements. The problem is that the minimum income requirement often has to be met using a single job.

Financing a vehicle can be costly, especially if you have bad credit. If you are a low income earner and need a car loan, you may still be able to get approved even if you have poor credit. Let us share some tips with you on how you can accomplish this.

Determining how much car loan you can get in Seattle can seem like a guessing game, but the process becomes clearer when you know the factors auto lenders use. All you have to do is learn a few simple calculations and do your research.

If you're not a regular W-2 employee, it's still possible to get approved for an auto loan. You can buy a car while being self-employed as long as you meet the lender's income requirements and provide proof of income in the form of tax returns.