0
Could you get a car loan with disabilty income you receive social security disability and you have poor credit?
Wiki User
∙ 16y ago
No offence, but, you are drawing only SSDI, have poor credit, and want to borrow money to buy a car? Obviously with your poor credit, you have not made good choices in the past. And again you are making a poor choice. Forget borrowing money to buy a car. Save your money until you have enough to pay cash for a car. You may only be able to purchase a beater that runs good and can get you from point A to point B, but you won't have a car payment you can't afford in the first place. This time make a wise decision and do not borrow any money.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Can Social Security VA disability compensation be garnished for credit card debt?
No
How can I Qualify for Social Security Disability?
Social security disability insurance is never a source of income that individuals want to have. However, many individuals end up with a physical or mental illness that allows them to qualify for social security disability. There are several criteria that individuals must meet before they can be approved for disability payments. First, individuals must earn credit. Workers earn credits towards social security disability based upon their income. Each year a fixed rate of dollars earned to credits is set by the Social Security Administration. For example, one year a credit may be earned for every $1,000 in income. Another year may have an individual earning one credit for every $1,500 in income. Individuals must pay social security taxes on the income in order to earn credit towards social security disability. Second, individuals must have a qualified disability. A patient cannot simply decide to enroll in social security disability because they need money. They must have a qualified disability that meets specific criteria. Individuals must be unable to return to their previous type of work, unable to change to a new job due to their medical condition and have a disability that will last at least one year or result in death. Many individuals who attempt to claim social security disability have their first claim rejected. The Social Security Administration does not want to pay out claims for individuals who are not disabled. They take extreme security measures to ensure that individuals with a bona fide disability receive the payments that they deserve. There are some conditions which are automatically approved for disability. Other conditions may require a medical examination and review before individuals will have their claim approved. Anyone filing a social security disability claim should be aware that it can take months or years in order to receive disability payments. Social security disability provides payment for the necessary items that individuals need to live their day to day lives. There are a number of diseases and medical conditions that automatically qualify an individual for social security disability. However, individuals who do not have one of these conditions but believe they are disabled may still qualify. They simply need to contact their nearest Social Security Administration for assistance filing a claim.
Can a credit card company get a judgment against you if your only income is soc Security Disability?
Umm I dont think so!!!
Do social security disability income count towards ObamaCare?
Its so hard to get this question answered. Does Disability from Social Security count towards earned income or unearned income when trying to figure out how much credit we would get towards the Obamacare health plan
Can the IRS levy or garnish a Social Security Disability Settlement Check?
Social Security does not allow garnishment of disability benefits by creditors. Any credit card company, business, or individual who has won a judgment against you will never garnish your Social Security disability check.Social Security will allow garnishment of your Social Security disability benefits for current and past due child support or alimony. And the Internal Revenue Service is allowed to garnish Social Security disability and retirement benefits for delinquent taxes.Also, in addition to the IRS, other federal agencies may be allowed to garnish Social Security disability benefits.For instance, if an individual owes student loans that were federally guaranteed their Social Security disability benefit can be garnished.In theory, any money owed to the federal government can conceivably be garnished from Social Security retirement or disability checks.If you receive Supplemental Security Income (SSI) disability benefits, however, no creditor can garnish your benefit, not even the Federal Government. Since SSI is a need based disability benefit, it cannot be garnished.
Where can I find North Carolina disability laws and credit card debt?
If you are interested in obtaining disability benefits from Social Security, then the local Social Security office can give you the forms you will need to complete with your Dr.'s help. They can also explain the process and steps that you will go through. Your local court house keeps law books for research, they should contain a complete section on Social Security Disability Rules and Regulations. As for the credit card debt, I don't understand what you are asking for, maybe you could reword the question.
Do you lose the credit if you fail one semester?
You do not receive credit for failed courses.You do not receive credit for failed courses.You do not receive credit for failed courses.You do not receive credit for failed courses.You do not receive credit for failed courses.You do not receive credit for failed courses.
Can my grandparent lolo receive the economic stimulus?
If Lolo is receiving Social Security, Railroad Retirement, or Veterans' Disability benefits, then Lolo should have already received his or her stimulus. If Lolo has a job, then Lolo will get the Making Work Pay Credit when Lolo files his or her tax return at the end of the year.
Does your social security number affect the amount of credit you can receive under your tax id number?
Nonsensical question: A persons SS# is their Tax ID number. Credit of and for what?
Does paying estimated income tax count toward earning credits that will help qualify for disability?
I assume you are talking about Social Security disability. No, there is nothing special about paying estimated taxes that would make you qualify for those benefits. You need to have work credit in an occupation that is covered by Social Security to earn credits.
What can a credit card company do if they take you to court but you are disabled and still can't pay?
If you are getting disability or social security, credit card companies cannot garnish your wages. However, the judge can issue liens against your property.
can credit card co.garnish disability or retirement checks?
A credit card company may win a lawsuit against you to garnish your disability or retirement checks.
