As dealerships and lenders carry out a credit check as part of the car finance application process, it’s always best to check if your credit score is good first and foremost. If it is, it’s likely you will be accepted for car finance.
Yet, there are a few things to consider before you apply that could help your car finance eligibility. For example, you need to ask yourself how much do you need to borrow, how much can you afford to repay each month and whether there will be any additional costs involved when leasing or buying the car? And not forgetting the ongoing costs of fuel, insurance and so forth once you get the keys.
Once you are comfortable with your expenditure and know whether you have a good credit rating or not, you may have a better idea about your car finance eligibility.
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Finding car finance is quick and easy with Car Loans UK. All you need to do is enter your details and our smart technology will get to work instantly. We’ll find you quotes in seconds, so you can see which is right for you and apply, meaning all the paperwork will be down to us.
Our smart technology enables you to make the right financial decisions on all major car finance products. We have access to the best deals, 24/7 and our secure website means your personal and financial data will always be safeguarded.