Car Finance, Car Buying & Ownership Thoughts & Advice!

What does a bad credit score really look like?

Is there one single credit score that we all have, and if the score’s low, is it then added to one central credit blacklist somewhere in the UK, for lenders everywhere to access? The simple answer is no. So, if you’re ever asked if you’ve got good or bad credit, you could answer: “It depends on who’s keeping score!”
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How should you budget for car finance?

When it comes to making car finance repayments, can you say for sure that you’re “guaranteed” to find the money each month, and are therefore a good bet for a lender? Hmm… How many of us can safely say that? It doesn’t mean you’re a first class swot if you spend some time looking at the numbers – it means you’ve got a sensible head on your shoulders!

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Increase in poor credit car finance reveals raised confidence

A recent and continuing increase in car finance available even for those with a poor credit record is a signal that higher employment rates along with increased pay across the country has boosted consumer confidence. This can only be good news for those with bad credit who are seeking to sort out a car loan, with the cost of borrowing being low at the moment compared to previous years.

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