Requirements for a Credit Challenged Car Loan:

One of the requirements involved in the credit challenged loan process is gathering the required stipulations for the lender. In an effort to save you time, it is best to bring these documents to our Cincinnati used car finance center when making your vehicle selection.

Necessary Documentation:


  1. a) Pay Stub- For normal W2 employees, please bring a pay stub dated within 30 days of application date.
  2. b) W2 Form- W2 forms are requested to prove overtime income, especially if CIncinnati shoppers are buying a used car during the first four months of the year (since the first four months are not usually enough time to demonstrate a solid pattern of overtime income). After that, the year to date income on your pay stub is used to verify overtime income. If you receive handwritten pay stubs, lenders will often ask for a W2 form.
  3. c) Bank Statements- Automobile finance companies will rarely ask for a bank statement. Sometimes they are requested if you have handwritten pay stubs or are self-employed, in order to further prove the income you stated on the credit application.


  1. a) Telephone and Utility Bills- Utility bills are used to verify your address and phone number. If none of the bills are in your name, then the lender will usually still request a telephone bill in order to verify the phone number at your address. Other bills, such as credit card and bank statements, can also be used to verify your address as long as the bill is dated within 30 days of the date you finance your car.

3) THE STORY- Lenders know that bad things happen to good people. Tell us about what happened to cause your low credit score.

The Bottom Line:

Help us help you! If you are credit challenged and want to buy a car, you will want to gather the above documents and bring them with you to the dealership. The more complete the documentation, the faster you will be driving a new car!

To learn more about how we can help make the car buying process easier for drivers, contact Jake Sweeney Used Car Superstore by calling us at (513) 782-0000.