Are you wondering that can you get a car loan with a temporary job or not?

When setting out to get a car loan, lenders check a few things, including your income and employment history. In case you are well-established with a good, permanent job and enough income to cover your loan payments, getting the loan should be a piece of cake for you.

Get a car loan with a temporary job

However, for people with temporary jobs, things can change a little. Yes, you can get a car loan with a temporary job. However, when you’re in a fixed-term contract getting a car loan can get a little tricky.

Before moving on to the factors considered while assessing your car loan application with a temporary job, let’s take a look at what a temporary job implies.

What is considered a temporary job?

Three different scenarios can be classified as a temporary job.

  1. Suppose you have just joined a company for employment and are still in the probation period. In that case, your job will be deemed temporary. Employers usually set a probation period of several months to assess whether a new hire is adequate to be a permanent employee. While you’re on probation, you are not a permanent employee. Your job is temporary, given that the employer can end it on short notice.
  2. Another kind of temporary job is where the contract can be ended immediately, either by the employee, employer, or both. A temporary job will have a notice period of a week or even a single day compared to a permanent position.
  3. Contract-based jobs or zero-hour contracts are also considered temporary jobs. After the set period in the agreement, the employee will not have a job. Zero-hour contracts also defy common working principles, including minimum working hours and benefits, categorizing them as temporary jobs.

Factors Considered When Getting a Car Loan with Temporary Job

Now that you have a clear idea of what a temporary job can mean, let’s shed some light on the factors that lenders assess when you have a temporary job. Remember, a temporary job implies the risk of unemployment for you and losing money for your lender. That is why you might find that several assessments might be more rigorous for people with a temporary job than those with permanent employment.

1. Credit Score

The credit score is one of the most critical factors assessed by lenders when giving out secured personal loans. If an applicant with a temporary job has an impressive credit score, it will work in their favor. A good credit score can qualify you for a car loan even with the risks of a temporary job. However, if your credit score is not good, you might have trouble landing approval.

2. Income

Your income has an excellent say in whether you qualify for a personal loan or not. Income proofs are another way for lenders to gauge the risk in a particular investment. Even with a temporary job, if you have a good income or several strong income streams, you might be able to get approved for a car loan.

3. Other debts

If you have any withstanding debts or loans to pay off with a temporary job, chances are you might not be able to get a car loan approved. The lender has to be sure that you will pay back your loan before moving towards cementing the approval. You might want to clear other dues before approaching a lender for a car loan with a temporary job.

4. Home Ownership

Home ownership can work wonders if you’re looking for a car loan with a temporary job. Having a mortgage makes you more qualified for getting loans from banks and other lenders, depending on your payment record. If you have duly paid your dues, you may be a good candidate for the lender to offer a loan.


If you’re struggling with employment or simply work a temporary job for its benefits, you might have to work a little hard to get a car loan. However, with the increase in temporary employment, lenders are becoming more flexible to giving out car loans with just a few rigorous checks. If you have even one of the above mentioned things going for you, you might be eligible for a car loan.