Are there any lenders that offer car loans for low-income buyers?
I need a car to get to my retail job. I don't make much. Will any lenders work with me?
Answer provided by
Answered on Apr 08, 2021
“Every lender is different in the types of loans they offer, but there are many options out there for low-income buyers. If you need a car but cannot afford a large monthly payment, you should first talk with a bank or credit union that you already have a relationship with, then check with online lenders and dealerships. “
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
Do I need renters insurance as someone with few belongings?
I own very few belongings. Everything I have can be replaced pretty easily because I didn't pay much money for it. Do I really need renters insurance?
Mar 08, 2021
Do I need renters insurance as a subtenant?
I'm subleasing a house at the moment. The primary tenant doesn't have renters insurance. As the person who's occupying the place, do I need to get renters insurance?
Apr 13, 2021
"Will I get enough cash from my claim to help me buy my next car?" "
My 2018 Ford Mustang was just totaled in an accident. I have gap coverage, so I know the bank will pay off the rest of my loan. But I don't have anything saved up for a new down payment for my next car. Will there be anything left over to use as a down payment?
Apr 30, 2021