Looking for a car but ain’t got the money for one?
I’m sure that situation describes many people these days but even a bad credit record isn’t a show stopper as there are many excellent sites around that offer pretty much guaranteed car finance no matter what your situation.
Generally speaking car credit is very much a specialised area as there are a massive number of options available from the old style hire purchase through to the modern versions of car leasing and with oodles of choice in between those including no deposit options, interest free options and the like. Incidently, although you might think that having bad credit is going to force you into buying an old banger in fact that’s far from the case and bad credit car finance actually specifies that the car must be reasonably new and with relatively low mileage.
So where should you look for car loans? Well, one very comprehensive site is Net Cars which has a lot of experience behind it and achieves over 90% acceptance on it’s car finance deals. They’re an online outfit so the financial package can be organised very quickly (usually within 24 hours) and with the minimum of physical paperwork which always slows things down. If you’ve ever wondered why you’ve been turned down for credit, they’ve a neat little explanation of how credit approval works and you can even order a free credit check from it.
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May 9th, 2008 at 11:23 am
need a new car but cant get finance due to a bit of financial trouble two years ago earn good money so can afford repayments