Knowing how to best buy a car with bad credit doesn’t require a degree, the services of an experienced consultant, weeks of in-depth research into the subject online, or a well-thumbed How-To Guide ordered from Amazon! No. It’s really quite a simple process. If you know who to ask, your application for finance can be approved extraordinarily quickly, too.
OK, so you need a car. The reasons why are entirely your own business, of course. But, if money’s a bit tight right now, how are you going to pay for it? Hmm… If you’re unable to purchase a vehicle outright you’ll probably be looking to make repayments on a car finance deal on a monthly basis. But what if you’ve got bad credit? Can you still get a car? Well, it depends…
REALITY CHECK: Very few of us go through life without having to borrow money at some point, do we? That’s good news for finance companies and other types of lenders, but only if they get their money back over an agreed period, of course! Continue reading
In the UK, the motor trade makes a FORTUNE out of car financing. And with finance schemes being the main source of profit for many dealerships and car brokerages, they’re keen to sign up as many customers as possible. That includes people with bad credit, and sometimes potential customers who are unemployed, bankrupt, in part-time work, or have a County Court Judgement against them.
Are you having problems getting a car sorted? Perhaps every car finance company you approach turns you down. And maybe you’re coming close to the point of giving up now – even wrestling with the notion that you probably shouldn’t have even been looking to take on a car loan in the first place!
Jargon, jargon, everywhere… At least, that’s how it often seems these days, doesn’t it, particularly in the world of car finance! If only people would speak plain, keep things simple, give it to us straight each time. Imagine how easy it would be to understand and absorb information, and to assess it before coming to a decision.