Not all lenders can accept two different jobs to meet the initial income requirement for vehicle financing. However, supplemental income can, at the very least, help lower your debt to income ratio to increase your approval odds.
Continue ReadingNot all lenders can accept two different jobs to meet the initial income requirement for vehicle financing. However, supplemental income can, at the very least, help lower your debt to income ratio to increase your approval odds.
Continue ReadingWhen it comes to qualifying for a bad credit car loan, meeting income and employment requirements is a must. We cover the acceptable types of employment and income types that you're likely to need with poor credit.
Continue ReadingYour income and credit score are typically considered two of the most important aspects of auto loan eligibility. Depending on the lender you're working with, how much available income you have may be more important than your credit rating.
Continue ReadingAn auto loan is tailored specifically to you, meaning that you sometimes encounter a situation that not everyone else experiences. It's our mission to prepare you for your next car loan opportunity, and that means shedding some light on the grey areas that fall outside of the most common lending scenarios.
Continue ReadingNot everyone earns their income the same way! Freelancing, ride sharing, and contract workers are common in today's gig economy. If you don't receive check stubs, here's how you can prove your income for an auto loan.
Continue ReadingIf you're a student and you need a car loan, you have to have a qualifying income and proof of income in order to get approved. Here's what you need to know about income requirements for auto loans.
Continue ReadingYour income is a major factor in your ability to get a car loan approval. We cover two calculations lenders use to see if your income is up to snuff for an auto loan.
Continue ReadingHaving a second source of income can help you get a bad credit auto loan, but only if you meet the minimum income requirement of your lender with one. We go over the main income requirements of subprime lenders, as well as the rules regarding multiple income sources.
Continue ReadingIn order to get approved for a bad credit auto loan, you have to meet the lender's income requirements. We're exploring the typical income rules, as well as how different types of income are treated.
Continue ReadingBeing a new employee can affect your ability to get an auto loan. Read on to learn how your work history can impact your capacity to get into your next car loan.
Continue ReadingPage 3 of 12
Get the latest credit tips, resources and advice delivered straight to your inbox.