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In recent years, auto dealers and credit union lenders have faced growing challenges in promoting financial inclusivity and fairness for today's car buyers. The issue stems less from intentional discrimination and more from the tendency of applicants to unintentionally misrepresent their income on loan applications. This is particularly common with income that is difficult to document, such as freelance work or multiple jobs, and is often compounded by the applicant's or lender's lack of understanding in calculating earnings from gig economy jobs.
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