Why Have I Been Refused For Car Finance?
November 25, 2012
Total cost of credit | £ 2000 |
---|---|
Total repayment | £ 2000 |
48
monthly
payments of |
£
245
98
|
Rates from 9.9%: the exact rate you will be offered will be based on your circumstances, subject to status.
Representative example: borrowing £25,000 over 48 months, £3,750.00 deposit, on PCP, with annual mileage of 8,000pa, and a representative APR of 11.9%, an annual interest rate of 11.9% (Fixed), the amount payable would be £394.51 per month, an optional final payment of £7,194.33, with a total cost of credit of £9,912.36 and a total amount payable of £28,444.33.
We look to find the best product from our panel of lenders and will offer you the best deal that you’re eligible for. We earn a commission for providing our services, but this does not influence the interest rate you’re offered in any way.
Hi, I have never got finance for a car before but now I'm looking at applying. I've found a car for around £11,000, and I've got my old car and some cash to put down as a deposit (in total around £1500 including the car). I have had my own business now fo
Asked by Stacie Greenbank
November 25, 2012
I got knocked back on finance for a car because of my age. If I were to get a guarantor do you think I would get a car on finance?
I've put down my deposit and everything for the car already?
Asked by Kiera
November 25, 2012
Hi , i've been looking for a car on finance for the last 2 weeks. I have been to two local car companies and was refused finance on a £5000 car with a £1000 deposit. I don't know why i have been refused. I am only 21 but i do work full time. Is there any
Asked by Donna
November 25, 2012
Hi,Last Wednesday I was approved for Car Finance, I took a Test drive and left deposit to secure car, waiting on the finance company to pay out. In the meantime, I actually Sold my own car. Next visit to the dealer, I was HEAVILY persudaded to try finance
Asked by Aaron
November 25, 2012
Hi, i have just started work about a month ago. I have bad credit would i be able to get car finance?
Asked by David
November 25, 2012
Hello, I have bad credit however, this is through no fault of my own. It's because off an ex girlfriend who has been making late payments on a mortgage we had together. I have had nothing to do with the house for over 5 years now and I earn a good wage. I
Asked by Jason
November 25, 2012
My wife and i are currently looking for a bigger family car. We both have bad credit and do not work.
We are on benefits. Could we get a loan from you?
Asked by Andy
November 25, 2012
Hi, I am in full time employment but, i am not on the electoral roll and i have bad credit. Is there anyway you could help me? Regards, Shane.
November 25, 2012
The good news is that we work with a panel of lenders and some of those lenders can help people who are on benefits and have bad credit get car finance. This includes people claiming Disability Living Allowance, subject to approval. However, we can’t guarantee you’ll get a car loan as everyone’s circumstances are different. Get a quote to find out more. Bad Credit Representative APR 31.2%.
I am looking for car finance to purchase a Land Rover worth £30k. I will have £10k deposit plus my existing car which is worth £1k. The only issue is my credit rating was in the 550s the last time I checked as in 2010 my husband lost his job and things go
Asked by Margaret
November 25, 2012
Our Manchester based team are ready to help you.
* The UK's largest online car finance broker by unique users to the website. Based on Similar Web data – 1,137,647 to CarFinance 247 vs. 753,819 for nearest competitor. January to June 2023.
CarFinance 247 is a trading name of CarFinance 247 Limited. Registered office: Universal Square, Devonshire Street North, Manchester, M12 6JH. Registered in England. (Registration Number 06035525).
CarFinance 247 is authorised and regulated by the Financial Conduct Authority for insurance distribution and credit broking (Firm Reference Number: 653019). CarFinance 247 is registered with the ICO (Registration Number Z1897658).
Finance is subject to status and is only available to UK residents aged 18 and over. Written quotations are available on request.
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