 TITLE: How to Qualify for a Car Loan CONTENT: Have a Source of Income\n-----------------------\nHaving a steady income is important to auto lenders because it improves the likelihood that you'll make your monthly payments. Depending on the lender and your job situation, you may need to provide one or more forms of documentation.\nIf you're a W-2 employee, for instance, a recent pay stub or a W-2 form may suffice. If you're self-employed or receive Social Security or other similar forms of income, however, you may need to provide bank statements.\nSpeak with the lender early on in the process to talk about your situation and find out what documents you need to avoid prolonging the process. END