Can You Get a Car Loan While You’re on Unemployment?

If you’re currently unemployed, you may be wondering if you can still get a car loan. The answer is yes, but it may not be as easy as it would be if you had a steady income. Here’s what you need to know about getting a car loan while you’re unemployed.

When you apply for a car loan, the lender will look at your employment history to see if you have a steady income. If you’re currently unemployed, the lender may require you to have a cosigner or put down a larger down payment.

If you don’t have a cosigner or enough money for a large down payment, there are still options available to you. You may be able to get an auto loan through a subprime lender or by using your savings or retirement account as collateral.

The Law Offices of Omar Zambrano has helped thousands of people and them businesses in the past to get out of debt and start over.

Our goal is to help you find a fresh start FAST!

Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706