Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is it possile to get an auto loan while on unemployment?

0
10 Posted

Is it possile to get an auto loan while on unemployment?

0
10

Yes you can, been there done that, I got a car loan from my bank while on unemployment. With $3000 down and good credit they will give you a loan. They will use your unemployment as your income when filing. Make sure you have some paperwork or statements showing how much money you make a week. The biggest thing the underwriters look at is your credit and credit score, if you had bad credit yes you would be screwed but sounds like you have good credit. Only bad thing is they will probably stick you with a high interest rate since your are unemployed.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123