We are regularly asked if we guarantee finance and the short answer is, no, we don’t. That said, we have a highly experienced finance team and, in conjunction with our large panel of lenders, we can cater for almost all circumstances. So, if your credit history isn’t the best and you need a new car, bike or van, we would welcome you to apply on-line or call our experienced team on 01926 498 434.
So long as you’re over 18 and aren’t currently bankrupt, you are eligible to apply for finance.
Low credit scores could be due to any number of reasons, including a lack of trace (under 21 or less than 3 years in the UK), active or settled CCJs, defaults on credit accounts, active or recent IVAs and past bankruptcy. It is easy to assume bad credit history means a high interest rate but this isn’t always the case.
If, for example, your credit score is low because you had problems in the past, we may still be able to obtain a prime interest rate if we can give a good explanation, such as the loss of a job or breakdown of a marriage. Alternatively we may be able to use bank statements to show that your current finances are in good standing.
Ultimately, the interest rate is down to the level of risk you pose to the finance company. So, if your credit score doesn’t paint a fair picture of your current circumstances, we will do everything we can to demonstrate this to our panel of lenders.