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Cotton_Britches
Posts: 258
Registered: ‎06-11-2008
Income Requirements

‎01-17-2013 02:09 PM

Is there a minimum you should make on your job in order to qualify for an auto loan? Not a fancy car or anthing, just something to get around in. 

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Revelate
Posts: 4,242
Registered: ‎12-30-2011
Re: Income Requirements

‎01-17-2013 02:30 PM

Cotton_Britches wrote:

Is there a minimum you should make on your job in order to qualify for an auto loan? Not a fancy car or anthing, just something to get around in. 

No, it's a straight DTI (debt to income) calculation to my knowledge; it's all relative compared to the size of the loan required.

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