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.

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.