Skip to main content

Posts

Showing posts from September, 2017

Low Income Car Loans - Is It Possible To Get Auto Loan With Low Income?

In this day and age credit is the most important factor no matter what kind of financial transaction you may be talking about. It tells you what you can afford and what you cannot. As far as the United States of America (USA) is concerned the economy is still recovering and this is the reason why subprime lending is still such a big deal in this North American country. As per Experian, any FICO (Fair, Isaac and Company) score of 670 or lower is regarded as poor credit. You can easily look for car loan low income on the internet. However, even if your credit record is not good at all and your income is bad you need not worry as there are plenty of lenders that are willing to work with someone like you. These lenders do have programs for buyers such as you. However, there are certain trade-offs that you need to be aware of in this case. The most important among them is the rate of interest that you have to pay on repayment. As far as auto loan low income is concerned it can ge