If you are self-employed or a 1099 independent contractor with bad credit, here are the requirements that will give you a much better chance of getting approved if you provide them than if you can’t. It’s simple as A.B.C!

A. Valid Driver’s License (State ID okay with some dealers, not all) ✅

B. 6-10 references with complete addresses and phone numbers ✅

C. 3 most recent consecutive bank statements (All Pages) ✅

Helpful Notes:

✅ You may have to log into sites similar to Turbo Pass in order for the lender to verify your deposits on your bank statements.

✅ If using your personal bank statements as proof of self-employment, they should all have your current address listed on them.

✅ Ending balances for each statement MUST be enough to make a car payment. If not, the lender will not recognize the income for that particular monthly statement.