1) Seasonal/temporary employment. As noted above, this type of employment may prevent you from getting a bad credit auto loan. The way to fix it is to get a job with full time… and make sure it’s a job that you can work year-round.
2) Being paid “under the table”. This is where a person is paid cash (by an employer) in order to avoid paying taxes. Besides being illegal, you won’t be able to provide proof of income with this type of compensation. So don’t do it. It isn’t worth it in the long run.
3) People with a recent repossession. In general, this will make it more difficult to obtain an auto loan. If the repossession was included in a bankruptcy, that will actually improve your chances of getting a loan.
4) Military personnel stationed outside of North America. If you are in the military and you are stationed outside of North America, it will be very difficult to obtain an car loan.
