It can be stressful to think about having to purchase a car when your primary source of income is workers' compensation. Financing a vehicle with workers' comp benefits isn't impossible, but it's going to be tough to do if you have bad credit.

Bad credit auto lenders look beyond your credit score to other factors when qualifying you. They look at your employment to get a better feel for your stability and ability to complete a bad credit car loan.

Your payment to income (PTI) ratio is a calculation bad credit auto lenders use to determine a car payment that fits your budget. Figuring out your PTI ratio before you go to a dealership is a smart way to prepare for an auto loan.

It's okay if you have multiple jobs, or your main job is part-time, but there are certain income requirements that you must meet in order to get approved for auto financing.

If you’re an independent contractor or self-employed, you don’t have a W-2 to serve as proof of income, which may cause problems if you're trying to get approved for a car loan with a subprime lender.

If you have good to excellent credit, chances are a lender is going to take your word for the income you claim, but when you have poor credit, you have to show proof of income. Read on to find out what documents you need to bring to the dealership.

How much should you be spending on your car? It really depends on your income situation.

If you have poor credit and are a pensioner, you may be wondering about whether or not you can qualify for an auto loan. While bad credit car loans for pensioners exist, subprime lenders do have rules you need to meet to qualify.

Self-employed car buyers with bad credit should be careful when filling out their tax returns. Claiming a lot of deductions may yield bigger savings, but it will also reduce the size of your reported income.

Consumers often ask us for advice on getting auto financing when they have credit challenges. One thing most people don’t realize is there are many requirements involved – including employment qualifications. In truth, more goes into job requirements than what you make.