Most loans for poor credit do go based upon your income and are a debt ratio car loan that qualifies you based on your income. So the more you make, the more you can usually qualify for. It’s not always smart to go with the max amount that you qualify for since you may have quite a few other factors to consider. Having a large down payment can help lower the price of the vehicle, thus lower your car payments. Some people find it easier to save a large chuck of money, use it, and then have lower payments than worrying about high ones later on.
