The reason is because Disability and Social Security income cannot be garnished. Meaning that, if a borrower who receives disability or Social Security income defaults on his car loan, the lender cannot go after that particular income source in order to pay off a deficiency loan balance.
If Social Security Disability benefits are your primary source of income, getting approved for a bad credit auto loan can be challenging. However, if you need a .
Obtaining a Car Loan on Disability. If you have bad credit, it is still entirely possible to get approved for an auto loan. There are lenders out there that are willing .
Need a bad credit car loan with disability or ssi income? Find out how you can still get car loans for low income on ssi.
How to obtain financial assistance for low income earners disability grants and loans available for home ownership college and vehicle purchases.. Having good credit can help you in a surprising number of ways. A good credit history can .
One way to get approved for a car loan is to combine any income you have with your disability or social security benefits.. What is Situational Bad Credit?
Accessible vehicle loans provide affordable financing terms for those with disability or access needs.