Financing a Car with SSI or Disability Income

Subprime car loans have become very popular among lenders, but auto financing for people SSI and disability incomes still remains a touch subject for most finance companies. Things become even more complicated if you have bad credit, but that doesn't mean that you can't get a approved. However, applying for financial assistance with this type of fixed income will require you to meet a different sort of stipulations.

Special Bad Credit Car Financing

If you have bad credit and need special car financing you probably think your only hope is using a tote the note or buy here pay here dealership. However, that is not always that case as there are plenty of auto finance companies available that specialize in providing special financing for people that have credit problems.

Auto Loans with Subprime Credit Should Increase in 2013

Last year featured a time when we saw many loan companies offer subprime credit auto financing to consumes that usually would have had a hard time qualifying for financial assistance. This soon led to an increase in the number of subprime auto loans, as well as the amount of new vehicles sold that year.

Bad Credit Financing with No Down Payment

A critical part of bad credit car financing is in providing a down payment; however, auto loans with no down payment are not foreign to lending companies. The only difference is that much more will be required from an applicant in order to convince a dealer. It's also worth mentioning that providing auto financing with zero down payment is not one of the favorite types of financing opportunities offered by lenders for a few good reasons.