Bad Credit Car Finance
Bad credit, poor credit, adverse credit – call it what you will, when it comes to getting car finance a less than perfect credit history needn’t be a problem. Regardless of your credit history (which in car finance terms is scored from light adverse to heavy adverse), many car finance lenders will consider your application.
However, some banks and building societies may refuse your application and some specialist lenders will only give you car finance at very high interest rates, so knowing exactly how to approach bad credit car finance is likely to net you the best deal. This is where our years of expertise in the industry comes in to play.
What is Bad Credit
Your credit report will include a detailed account of information related to your overall debt. It will show any delays that you have made with payments along with any notes that you may have added to explain why payments were late. For example, you may have run up a large debt on your mail order catalogue because you were the victim of identity theft or perhaps you were charged for items that you have previously returned.
If you have no valid excuse for late or missed payments, this will result in a negative light on your record.
Why not fill out our FREE, NO OBLIGATION online car finance application form and leave the rest to us.