Trying to get approved for an auto loan while you have credit issues and are receiving your main source of income from disability payments can be difficult. There are going to be some things that you will be able to do though that should make getting a poor credit used auto loan much easier. It is by no means going to be an easy task to accomplish, but by being well prepared it can become a much easier task to take care of than you may have originally thought.

Issues with Disability Income

One thing that should be known across the board about those who receive disability income is that even if you have great credit it can be difficult to receive financing. This tends to be because of the simple fact that disability income can not be garnished. Knowing this there are going to be a lot of lenders that will be very uneasy about financing people especially when they have kind of a sketchy credit score background so to speak.

You may be asking now "how can I be considered?" There are going to be a few different situations where you can be under consideration.

• If the applicant can show other wages that can be garnished (such as a W-2 from another job).
• If the applicant can show that there is long term residential stability and also if your bad credit shows that it is situational and not habitual (meaning resulting from some kind of emergency payment or something along those lines) that will improve your chances.

Keep in mind that you will still need to show proof of your disability income. This will vary depending on the lender so there is no set "this is what you need", so be prepared to bring in different types of proof that you receive disability income.

Dealing with Disability Income and Lenders

Any lender is going to give you problems when applying for a loan with SSI or disability as your main source of income. Having a low credit score only makes this situation much harder to deal with. It always will help walking in with documentation on the spot though to show that you are prepared and really can afford this purchase.

If you really are taking this seriously as you should you will possibly want to apply with us to get pre approved. We have helped thousands to get the absolute best deals even in the most difficult credit situations by setting them up with the greatest financing options out there in the area. It takes only a couple minutes to apply and can be a great first step in getting a bad credit auto loan with disability income.