Wednesday, May 26, 2010

Can i get a car loan while on unemployment?

I was just wondering cause i got preapproved for a new loan but right now i'm on unemployment. It wouldn't be a problem to pay back a small loan because i get $303 a week. i'm just not sure if i can get approved or not cause of the income.



Can i get a car loan while on unemployment?

being on unemployment any legit outfit wont approve you because this is only temporary income .however some fly by night ,jack up the rates, high down payment,We Finance and tote the note outfit might. but if you miss a payment you will be right back in that chev-a-lay you id driving now. LOL what a chev-a-lay? chev one foot foward and lay the other one down!!!!! heehee



Can i get a car loan while on unemployment?

Yes, if you had sufficient income on your tax return last year, the company may not even consider your current situation.

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