THINGS CAN CHANGE !
Need car finance but have a poor credit history?
If you are looking for car finance but have a poor credit history, the good news is that here at Burcombe Cars, we are specialists in arranging loans for those that have previously been refused.
No matter what your financial circumstances, we will try to help even if you have had mortgage arrears, CCJ’s or other payment defaults in the past. Perhaps you are self-employed? Or maybe you have no credit history at all?
This is not always a problem. And while no one is guaranteed to get finance, at Burcombe Cars we are sympathetic to people who have experienced financial difficulties or are unable to get a loan for one reason or another.
Even if you are in a debt management plan or have an IVA, we can still try to help. We believe that past financial difficulties shouldn’t hold you back in terms of getting what you want. We also believe that just because you have a poor credit rating, you shouldn’t have to pay over the odds if you are accepted for car finance and, in most cases, no deposit is required with a no obligation quote also being provided.
We have built up special relationships with all the car finance providers who specialise in loans for those with poor credit, and can match you and your unique circumstances to the most suitable lender. This means you stand the best chance of getting accepted for a loan – and at an attractive price!
How to get car finance with a poor credit history
Some people mistakenly believe that if they apply for numerous loans at once, they are bound to get accepted for one. This is a misconception, however, and could actually damage your credit rating further.
Every time you apply for a loan, a note is put on your credit file. When deciding whether to approve you for any type of credit, what is on your credit file in terms of your financial commitments, current status and financial history, is one of the major considerations of a lender.
Lots of applications suggests that you are financially desperate, which will make a lender more likely to refuse your application.
That is why it makes sense to use a specialist such as ourselves.
Our service is easy to use and takes all the hassle and worry out of applying for a loan. Once your application is accepted, we even handle the administrative side of things too – the hardest thing you have to do is choose your car!