Skip to main content
An official website of the United States government
(855) 411-2372
Submit a Complaint
Search

Does a lender or dealer have to consider my part-time or retirement income?

A creditor such as a lender or dealer cannot discount or refuse to consider your (or your spouse’s) income because it comes from part-time employment. 

A lender or dealer also cannot discount or refuse to consider income that is an annuity, pension, or other retirement benefit. Like all other forms of income, however, a lender or dealer can consider the amount of the income and likelihood that it will continue.

Don't see what you're looking for?

Browse related questions

Search for your question

Was this answer helpful to you?

Please do not share any personally identifiable information (PII), including, but not limited to: your name, address, phone number, email address, Social Security number, account information, or any other information of a sensitive nature.