What are the minimum requirements for an auto loan?
– You and/or co-qualifier must be at least 18 years of age. – Minimum income of $2,000 per month or $24,000 per year. – Time at residence, last 2 locations greater than 6 months. – Time at job, last 2 employers greater than 6 months. – No open bankruptcies. – Valid social security number. Minimum Vehicle Requirements (in most cases): – Less than 100,000 miles – 6 years old or newer – Financing or Refinancing more than $7,500.
