I Was Refused Finance by Mercedes-Benz. Can you help?
I've been refused finance by Mercedes-Benz. Could you still help me find a car loan?
February 27, 2022
If you’ve been refused finance by a lender like Mercedes-Benz, we could still help. At CarFinance 247, we work with a panel of lenders, which means we can help find loans for people with a variety of different circumstances. We could even help you find finance if you’ve had a CCJ, default or IVA in the past. With us, you can secure your loan first and head to the dealership to choose a new car with confidence.
There could be many reasons why a lender like Mercedes-Benz wasn’t able to help this time; you might need to improve your credit score, have chosen a car that falls outside the lender’s criteria, or made a mistake on your application.
A bad credit score can limit your car loan options. But the good news is that your score can change, and you can take steps to boost it over time.
Ready to reapply? If you’ve just been refused finance, try not to make a new application straightaway. Too many hard searches on your credit file in a short time could make it more difficult for you to find finance in the future. We’ll run a soft credit check to see if we can find you an approval in principle from one of our lenders and will only carry out a hard search if you decide to proceed.