Learn the facts about how a car loan can affect your credit. Any time you take out a loan your credit score will be affected. Pay your loan on time and itâll have a positive impact on your score, but just one or two late payments can have the opposite result. Why is this so important? Credit scores can not only make or break whether or not you get a loan, but they also affect the interest rate.
If you are the parent getting SSI, you should tell the court that your only income is SSI and you are unable to pay child support. You should get a statement from the Social Security Administration that you receive SSI, and give this statement to the court.
Child Benefits in Lieu of Child Support. If you get SSDI, your child may be eligible for Social Security dependents benefits based on your earnings records. You should make sure that either you or the other parent apply for benefits for your child as soon as you are approved for SSDI.his is no less true for a parent who is responsible for child support payments. Fortunately, if you become disabled and begin to get Social Security benefits, you may be able to modify the amount of child support or alimony you are required to pay.